We also changed the mindset where our job is to make money, and our focus is to make as much money as possible within acceptable risk standards. So instead of just buying savings bonds, basically, We are now investing in commercial loans and real estate and equities of all types. We still loan money to municipalities and, you know, make money off that. But the bulk of our increases come from basically utilizing the stock market and investments like any other mini hedge room would do. (09:58–10:05)
CLAIM
Asserts that BCPL now invests in commercial loans, real estate, and various equities.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
