Friday, March 26, 2004

Heard in class and faithfully reported

"Believe me, try to negotiate as hard as you can as to avoid to take on any personal guarantee, especially with banks. One way of doing this is not to have any assets in your name - you could all register them in the name of your wife. Hold on, I have just said something stupid. In the event of a divorce you'd get screwed too." - REP Professor

'- Top two smartest people in my career? Two INSEAD students. First one was an international piano player. He knew nothing about Finance before he came into the program. He was a complete guru afterwards. He picked up everything in no time. The second one was an ex-foreign legion officer in France. I remember...During the winter, he would WALK to school, from Bourron-Marlotte, 10 kms away from Fontainebleau, wearing a T-shirt by - 5 degrees" - Applied Corporate Finance professor

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