Tuesday, March 30, 2004

Heard in class and faithfully reported

"In front of clients, make sure you start with the most complicated models. They will feel lost and you will be able to charge a ton of money" - Finance Professor

"This is complete bullshit" - Finance Professor

"I got the Dean's solution to the case but it is actually wrong, he is using the cost of capital as a discount rate when he should be using the riskfree rate. Apart from that, it is a good solution" - Finance Professor

"If you want to do it cheap and dirty, back of the enveloppe kind of things, you can always use the Dean's solution" - Finance Professor

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