You need to be able to estimate what works and what does not. Alexander Mayer More Quotes by Alexander Mayer More Quotes From Alexander Mayer The advantages from having a diversified conglomerate, for funding purposes for example, are not as pronounced as the valuation discount on conglomerates through complex structures, companies are more vulnerable to takeovers or become targets of activist investors if they are burdened with a conglomerate discount. Alexander Mayer business