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Monday, March 23, 2009

The Ralph Esmerian Story

Diamonds are a banker's worst friend
http://money.cnn.com/2009/03/18/magazines/fortune/kapner_jewelry.fortune/index.htm?postversion=2009031812

Merrill Lynch didn't understand what they were getting into. But I didn't understand what I was getting into either. In my business, if you're late making a payment it's no big deal.
- Ralph Esmerian

Useful link:
www.fredleighton.com

Risk comes from not knowing what you're doing. It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently (Warren Buffett).

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