Takeaway #87 leverage inspired by Rainman

To get credit, get debt – tell me who’s the Mack –

when you’re pimped by a system that’s high on crack

Rainman  f/ Raman, Robby Balboa, Samsonite Make It

Takeaway 87:  Is this an echo of subprime debacle in recent times or just a reality of leverage?  You want to have leverage, you have to pick up debt and build off that ability to repay.  It’s the proverbial absurdity: to make money,  you have to leverage what you have for something you don’t on occasion.  Just make sure you keep perspective on who has the leverage: bank, bond insurer, rating agency…you?  The “Trumpism” is as follows:   When you owe the bank a million it’s your problem.  When you owe the bank a billion it’s the bank’s problem.

Takeaway #100 on the leverage of understatement via #Too$hort

I know those who ain’t got it, feel like they want it

And those who got it ain’t really gotta flaunt it

Too $hort Playa

 Takeaway 100:  A great reminder for any negotiation – understatement reflects true leverage.  Just as it is easier to get a loan when you don’t need it, people want to work with the one that does not need them…they have got to have it.