Name

Main points

Niels G. Stolt-Nielsen

When an opportunity crosses your desk, ask: “Is this the long-term best thing for my company?”

Philippe Louis-Dreyfus

A good name goes together with respecting one’s commitments; cycles are faced by common sense; remember what it goes-up, it may go down in next months or years

John Fredriksen

Shipping business is simple: hard work; look at all information; deal -& find- fast, good values; go public, think private; back people by giving them some of the extra money one made; do deals that can be explained in 1/2 a page; think how much one is going to lose

Peter Evensen

A crisis = an opportunity

Charles Fabricant

Recognize a changing trend

James Tisch

Worry about downside

Dagfinn Lunde

Work hard; have alternatives

Roberto Giorgi

You need to move fast; keep things simple; human capital is the asset

Nicholas Pappadakis (Greek)

Decisions affect people - think them 10 times over; crew’s loyalty is important in ship owning

Andreas Sohmen-Pao

Merging & acquiring are constructive; a company bought can be in an interesting position if its abilities & cultures are complementary with those of the buyer; the resulting entity can be much stronger; be calm over cycles

Gerry Wang

Good credit borrows money; be conservative; have a leverage below 60%; buy low; look long-term

Tor Olav Troim

When one has a debt, he/she needs to service it

Morten Arntzen

Success comes when preparation meets an opportunity

Robert Yuksel Yildirim (Turk)

Money creates money

Kristin Holth

Know & trust management before lend money to it