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Couldn’t run a piss up in a brewery!

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Comments

  • #32
    Mach 3
    Registered Users, Registered Users 2 Posts: 236 ✭✭Mach 3


    Mach 3 wrote: »
    For arguments sake let's say the average boardsie start up fund is €1400 after a year the fund would be worth *€1380 approx after fees.
    Most would be happy with that as it would cost more in fees if you left it in the bank..

    * should read "€1393 approx after fees."


  • #33
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,830 Mod ✭✭✭✭Jim2007


    Gloomtastic! wrote: »
    Ok, let's presume I'm the client now. I actually care about Ireland's taxpayers and believe that they should be treated with respect and therefore I instruct the investment bankers - you - to show a return on the €14,000,000,000 that we have in the bank for 12/24 months.

    What would you do with it?

    Based on the client instructions, tell you to go find another AM, since you clearly have not got the foggiest idea what you are talking about.


  • #34
    Gloomtastic!
    Registered Users, Registered Users 2 Posts: 9,149 ✭✭✭Gloomtastic!


    Jim2007 wrote: »
    Based on the client instructions, tell you to go find another AM, since you clearly have not got the foggiest idea what you are talking about.

    Said no investment bank ever when faced with the prospect of €14billion coming into their claws! :)


  • #35
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,830 Mod ✭✭✭✭Jim2007


    Gloomtastic! wrote: »
    Said no investment bank ever when faced with the prospect of €14billion coming into their claws! :)

    You really have not got a clue about asset management, so yes I could see you jumping at the chance to make no money out of a client and cost you reputation as well.


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