Money is to look at, not to use.

Posted by LarryWildman under Finance
From http://tycoonplaybook.com 4055 days ago

How Did Tycoon Meshulam Riklis Make His Fortune?

Money is to look at, not to use. – Meshulam Riklis

One of the questions that I get asked on a regular basis is about the possibility of following the tycoon growth strategy without employing debt. The answer is that it is possible to do so. Over the years I have participated on the buy-side in a number of deals with debt averse buyers. One Russian transportation company comes to mind. The management team had basically been given the company for free by the Russian government shortly after the collapse of the USSR in 1991. The managers then threw themselves fully into