Wednesday, February 13, 2008

What I learned from the Ateneo

The MBA program that I gone through at the Ateneo Rockwell demanded the best in me. The classrooms there are swanky, the equipment brand new, the technology updated and the professors rich in business experiences. But I learned a lot not because of them but because of the the sharing of my classmates in our case analysis and the rich collection of business and liberal arts books that shaped my thinking.
At the Ateneo, they are proud of their library and it is not a boast that in the country they have the most number of business books available.
In that library I am a constant visitor.
That is the place where I met colorful people who got great minds and best advice not found in the classrooms. Some of them are: Confucius who advised me to be humble in the face of business uncertainty, Freidrich von Schiller who pressured me to take calculated risks, Benjamin Franklin scolded me to have an emergency fund of 3 months living expenses, Miguel de Cervantes notified me not to put my money in one basket, Warren Buffet informed me that the best way to own stocks is through an index fund, Edwin Lefevre conveyed that I should be patient on my investment, Peter Lynch revealed to me that I don't need to time the market and John Kenneth Galbraith imparted that I should borrow only to buy assets that appreciate. These are some of the people who made my stay at the Ateneo worthwhile.
The cost of all the books I borrowed and read in the Ateneo Rockwell library may reached more than P200,000. More than half the fees I paid.
I already forgotten what my accounting professors taught us but I am forever grateful to the large collection of books I read and enjoyed.
The Jesuits are charmers and their snakes are libraries.

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