The fight is won or lost far away from witnesses - behind the lines, in the gym, and out there on the road, long before I dance under those lights.
Muhammad Ali
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El Bulli on NPR
El Bulli, consistently rated as the best restaurant in the world, was recently featured on NPR.
As a former roommate of foodie and aspiring gourmet chef Emerson Taymor (www.twitter.com/etaymor), I caught the gastronomy bug my senior year of college. It was interesting to hear the <5 Minute feature on NPR on the world’s best restaurant.
El Bulli, which is located in Spain, typically has a 1-year wait. The 30-course tasting menu costs 250 Euros per person.
Find it here: http://www.npr.org/templates/story/story.php?storyId=96044667&ps=bb4
Now back to my search for the perfect Malbec (which unlike Bordeauxs and Burgundies, you can still find great values)
several key trends that will affect the PE industry according to Dave Rubenstein’s Super Return Presentation in Dubai
- Fewer lenders will provide debt to fund acquisitions
- Private equity firms will face less competition from investment & commercial banks
- Distributions to limited partners will fall in the mediumterm
- Decreased global liquidity will result in reduced commitments to new private equity funds
- There will be more co-investment opportunities
- There will be fewer PE commitments from high net worth
- individuals
- The terms of private equity partnerships may change
- Public perceptions of the PE industry will improve
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Thoughts?
Normal is getting dressed in clothes that you buy for work and driving through traffic in a car that you are still paying for - in order to get to the job you need to pay for the clothes and the car, and the house you leave vacant all day so you can afford to live in it.
Ellen Goodman
The darkest hour is–in fact–right before the dawn.
This is for those that are feeling down about the downturn.
Enjoy.
The Rich Support McCain, the Super-Rich Support Obama
“More than three quarters of those worth $1 million to $10 million plan to vote for Sen. McCain. Only 15% plan to vote for Sen. Obama (the rest are undecided). Of those worth more than $30 million, two-thirds support Sen. Obama, while one third support Sen. McCain.”
i-banking: an apple ipod accessory or an industry?
“No one in the investment banking industry calls it i–banking,” says Joe, another Columbia grad turned banker. “I mean, it’s not a f***ing Apple accessory .”
- from a BusinessWeek article.
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Just an fyi that no one in the industry generally refers to the industry as i-banking. It’s either “investment banking” or just “banking.” This is just a reminder for all those starting the senior year recruiting dance.
Sarah Palin does not believe in evolution. I take this as a metaphor. In her world and the world of Fundamentalists nothing changes or gets better or evolves. She does not believe in global warming. The melting of the arctic, the storms that are destroying our cities, the pollution and rise of cancers, are all part of God’s plan. She is fighting to take the polar bears off the endangered species list. The earth, in Palin’s view, is here to be taken and plundered. The wolves and the bears are here to be shot and plundered. The oil is here to be taken and plundered. Iraq is here to be taken and plundered. As she said herself of the Iraqi war, “It was a task from God.
