Oil above $100 again - what's up? | 17 comments (17 topical, editorial, 0 hidden)

Re: IRR (4.00 / 5)

Easy answer, as quoted to me by my first employer, when I asked for money to buy a new oscilloscope: "I have $4000 in my wallet. I can put that $4000 into the bank or I can give it to you. Show me why I should give it to you."

by asdf on Fri Feb 25th, 2011 at 09:37:53 AM EST
[ Parent ]

Re: IRR (4.00 / 2)

Most companies are financed partially by bank borrowings. So the slightly more accurate formulation is: I'm going to have to borrow more to fund your project. Can you guarantee me your project will enable me to pay the bank back the capital and interest and also leave me with a tidy profit to justify the risks any project entails?

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Feb 25th, 2011 at 04:34:07 PM EST
[ Parent ]

Oil above $100 again - what's up? | 17 comments (17 topical, 0 editorial, 0 hidden)

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