The Tendency in Banking and Insurance

The problem with banking insurance both is you got the expense ratio. In any business, when you say, o kay, were going to add anothr thing, am, then whatever you add tends to be of lower quality than what you already have. And that's true in banking, right? So like if, as a group, all banks lend to some people who aren't in homes now, mortgages, than on an average, the pool of all mortgages must be a little bit worse off from that. A same sort of thing with insurance. But because of that, it's important that these can be rowth companies, but they have to severely limit their growth and be careful about