A buyer who cannot get credit is not a customer. Arranging the loan is what creates the market.
Startup · Topic
Henry Sy, John Gokongwei, Tony Tan Caktiong, the Zobel de Ayalas and Manny Villar.
A buyer who cannot get credit is not a customer. Arranging the loan is what creates the market.
Institutions outlast businesses — but only if the institution is not defined by any one activity.
Global standardization is a strength in operations and a weakness in taste. He exploited exactly that split.
The demand that appears when a price falls far enough is invisible to the incumbent who assumed it did not exist.
Counter-cyclical building is decided in the boom, by declining the leverage that would prevent it.
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