Comments on: Larry Ellison – Oracle CEO http://www.everybodylovesyourmoney.com/2006/01/31/larry-ellison-oracle-ceo.html Living for today - Planning for Tomorrow Sun, 25 Jul 2010 21:20:26 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: trip http://www.everybodylovesyourmoney.com/2006/01/31/larry-ellison-oracle-ceo.html/comment-page-1#comment-324 trip Fri, 03 Feb 2006 00:28:03 +0000 http://www.everybodylovesyourmoney.com/?p=183#comment-324 I think it is interesting that advisers of the super-wealthy are dispensing the same familiar advice that I would give if I were an adviser. Quotes from Mr. Ellison's adviser: <blockquote>"I think it's imperative that we start to budget and plan." "We need to establish and execute on a diversification game plan, to eliminate (yes, eliminate) all debt and build up a significant, conservatively structured, liquid investment portfolio." "PE multiples are driven by market (or should I say, mob) psychology. There's no science or logic in the short or medium term."</blockquote> Oh so familiar and I am sure he knows more money than I ever will. I think it is interesting that advisers of the super-wealthy are dispensing the same familiar advice that I would give if I were an adviser. Quotes from Mr. Ellison’s adviser:

“I think it’s imperative that we start to budget and plan.”

“We need to establish and execute on a diversification game plan, to eliminate (yes, eliminate) all debt and build up a significant, conservatively structured, liquid investment portfolio.”

“PE multiples are driven by market (or should I say, mob) psychology. There’s no science or logic in the short or medium term.”

Oh so familiar and I am sure he knows more money than I ever will.

]]> By: samerwriter http://www.everybodylovesyourmoney.com/2006/01/31/larry-ellison-oracle-ceo.html/comment-page-1#comment-319 samerwriter Wed, 01 Feb 2006 05:22:06 +0000 http://www.everybodylovesyourmoney.com/?p=183#comment-319 Hah! Thanks for that. I'll never be worth $17B, but I think I can also safely say that I will never, ever, owe $1B to anyone. Hah! Thanks for that. I’ll never be worth $17B, but I think I can also safely say that I will never, ever, owe $1B to anyone.

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