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" You can't run a business based on sympathies; otherwise our business would be hampered. "
Marc Rich
Would
Run
Business
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" I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management. "
Marc Rich
Finance
Growth
You
" It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business. "
Marc Rich
Success
Business
Information
" I miss New York. I like the country and I like the people. However, the U.S. political and legal system is prone to overreaction. "
Marc Rich
People
New
Legal
" If you are too proud, you don't do business. "
Marc Rich
Business
Proud
Too