corp finance poetry
"equity is soft; debt hard.
equity is forgiving; debt insistent.
equity is a pillow; debt a sword."
i quote this from my finance II lecture notes* it is claimed that this is the only known example of corporate finance poetry.. i didn't know such kind of poetry exists till today, hehe. but it really helped me loosen up a bit while intensely going through all the materials.. man, it is tough! anyways, from the poem, sounds like equity is the good guy here huh.. but debt can be good too - the tax shield and all.. gosh i can't write about this! here's my thought (i decided to play with it a bit):
"love is soft, yet hard.
love is forgiving, yet insistent.
love is a pillow, yet can become a sword."
no one's the good/bad guy here.. you can never tell when it will hurt or heal.. try it, and you will see both sides of the coin.. learn it, and you will understand the balance in life.. at the end of the day, you will realise the bad exists so you can fully appreciate the good :)
ps. i think finance made me gone crazy! hehe..
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(*)Stewart, G Bennett III, and David M Glassman, "the motives and methods of corporate restructuring: part II," 1988









