Joel-Oskar

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“Well, there’s the set of numbers for the bank, there’s the set of numbers for taxes, there’s the set for when you’re raising equity. Then there are the numbers you believe.” I looked at the guy. “You’ve got four sets of numbers? You would actually tell somebody something you don’t believe? At Blackstone, we have one set of numbers. For the banks, for the limited partners, for taxes. They’re what we believe. We tell them what we believe. We’re not in the con job business. We do the right thing.
What It Takes: Lessons in the Pursuit of Excellence
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