Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 My father, a chemist, decided to start an MA business in the basement of our house in Demarest, New Jersey. It was a difficult business, and he was paid mostly on contingency. He eventually moved the business out of the house and it became successful.
#2 I majored in government at Cornell University, but became more interested in economics after I interned at the Office of Economic Analysis at the SEC in Washington. I wrote my thesis on the cyclical regulation of the U. S. airline industry.
#3 I began working at DLJ in 1991. I did not understand the culture of the company, and I spent weeks researching a company before meeting with the executives to discuss the opportunity. I would not know the answers to any of Peter’s questions after a couple of years.
#4 I made the initial business plan on a napkin with Jeff Keswin. I would be the portfolio manager, while he would be the marketer and business partner. I did not know where I would raise the initial capital, but I thought we could start with $10 million. My parents invested $500,000.