And I finished university and went into corporate finance . And corporate finance is probably about as far away from who I am as you possibly can get. And I used to cry on the train on the way to work.
Looking out on the trading floor of the equity sales team could have used some diversity shall we say. The corporate finance equity research departments could have used some diversity. So I approached the head of training and development said, hey, can we do this, this SEO thing?
They grew and as you put in, central banks would give them support against collateral. I teach corporate finance and we talk about why you might borrow more or less but we have theories about that.
They grew and as you put in, central banks would give them support against collateral. Well basic corporate finance says, just taking risk by itself, anybody can do, why would I pay you the big bucks just to do that?
But I didn't always follow those words. And I finished university and went into corporate finance . And corporate finance is probably about as far away from who I am as you possibly can get.
And here you guys are. And you should know in banking and corporate finance Wall Street terms, up and to the left is the premier spot where you could possibly be on any slide deck. So if I'm presenting to a corporate law firm, there may be some adjustment of slides and logos.
And the irony of this situation is that when I was falling to what should have been my certain death, I was more alive than I'd been those years before working in corporate finance . And right there and then, every piece of life-- I kind of drew a line.
And that's led me to look at things in various ways because I've been exposed to so many different transactions as well as different cultures-- how people in various countries and various institutions look at transactions in corporate finance . So I've had sort of an intellectual bent, which you don't see with a lot of Wall Street-type people.
It took a lot of hard work to get here. Same thing when I made that decision to transition from corporate finance to start training and join the Navy to become a SEAL. A total mindset transformation.
display the same behavior." And then we thought, "Well, wait a minute. We could also put flow over flow." So let's go back to corporate finance . Flow over flow would be something like the interest to earnings ratio, say." Astonishingly, that also has been basically flat.
You can't make interest payments with ideas. If you're an idea business, this is Corporate Finance 101. Don't go looking for trouble.
Well, it was December of 1999 when I first made my decision to be all in. As sometimes happens in a fit of youthful foolishness and indiscretion, I quit my corporate finance job and joined the United States Navy with the dream of becoming a SEAL, a decision, of course, that would forever change my life and set me on the path that I'm on today.
I used to work at an organization called Standard and Poor's. I used to work for a division of them that was like that little news division they had reporting on corporate finance . And I happened to work in securitization.
I forgot how to-- now, you can do it without any shame. But yeah, when I say that, I'm saying Capital Markets, Corporate Finance , Basic Accounting.