1 post tagged “money”

M&A, M&A? Where for art thou M&A? The word of the day is M&A (Mergers & Acquistions) and that's what we learned about in depth today. I was confused with the reading last night pertaining to RJR-Nabisco case, but today in class it was clarified greatly. It would seem that just a little bit of explanation and example goes a long way in helping my learning process. We'll see if the same can be said for homeworks in the coming week...

This morning the lecture was pretty good starting out with an analysis of Marc Faber and his comments a couple weeks back on Bloomberg.com. It is interesting how the “big Fish” professional traders/investors like him and Jim Rogers often have opposing views as to what positions they will and will not take and what they think the economy will do in the future. We spoke about inflation and I learned how taxes are a form of revenue for the government as your individual income rises. It's pretty insidious to have inflation constant to increase tax revenue over time. It's also interesting how inflation could be correlated to morality and general economic emotion...that's a point I'll have to ponder on some more.

Last night was quite an interesting discussion with Sanjay leading the class through interview techniques and the like. The class was lively and had many questions for him. He told us that the best way to interview for a position in I-Banking is to walk the interviewer through your resume. This should be in the form of a well rehearsed anecdote that shows who you are, how you handle various situations and how you'd add value to the company without saying that line explicitly. I can't completely tie my life-story into investment-banking and why I'd like to do it for a career, but I am working on it. :)

-Marcus