Marc Rich Professions : Trader Born : December 18, 1934 Died : June 26, 2013 Browse All Authors Top 6 quotes by Marc Rich 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 top-management growth two You can't run a business based on sympathies; otherwise our business would be hampered. Marc Rich would-be running 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 new-york country people 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 information important giving If you are too proud, you don't do business. Marc Rich proud ifs George W. Bush was a very bad president. The Iraq war was a big mistake. The U.S.A. needed a political change. I hoped Barack Obama could be a good president, but I'm disappointed. He hasn't done well. Marc Rich iraq mistake war Similar Authors Bill Lipschutz trader Ed Seykota trader Linda Bradford Raschke trader Michael Marcus trader Martin S. Schwartz trader Jerome Kerviel trader All Authors
