In some mergers there truly are synergies
- though often times the acquirer pays too much for them - but at other
times the cost and revenue benefits that are projected prove illusory.
Of one thing, however, be certain: if a CEO
is enthused about a particularly foolish acquisition, both his internal
staff and his outside advisors will come up with whatever projections
are needed to justify his stance. Only in fairy tales are emperors told
that they are naked
Warren Buffet 1930-, American investment entrepreneur
Economics is extremely useful as a form of employment for economists
John Kenneth Galbraith 1908-, American Economist
Capital as such is not evil; it is its wrong use that is evil. Capital in some form or other will always be needed
Mahatma Gandhi 1869-1948, Indian deep thinker and constant experimenter
If you want quick and effective results you must put the money in
Edward Bullard 1907-1980, British geophysicist
Accountants are the witch-doctors of the modern world and willing to turn their hands to any kind of magic
Charles Eustace Harman 1894-1970, British judge
Sometimes your best investments are the ones you don't make
Donald Trump 1946-, American Businessman
It is not how much you make that counts but how much money you keep
Robert Kiyosaki, investor, businessman and author of best-seller Rich Dad Poor Dad
Money is better than poverty, if only for financial reasons
Woody Allen 1935-, brilliant comedian, actor, director, screenwriter and playwright
Where large sums of money are concerned, it is advisable to trust nobody
Agatha Christie 1890-1976, The Queen of Crime
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