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
Tuesday, March 30, 2004
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