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Reference no. 107-036-1
Urbi Garay (IESA); Jaime Sabal (FundaciĆ³n ESADE)
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10 pages
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Generalised experience
In 1960, just after graduating as an Industrial Engineer, Joan Roig migrated to Venezuela when hired by a construction material distributor. In 1975 he started 'Ferreterias El Clavo', a successful hardware store. Joan amassed substantial savings and in January 2006 he reached an agreement to sell the company to a fast growing Chinese firm and decided to make all the necessary arrangements to retire in his native Catalonia. Joan wished to invest his portfolio wisely in order to finance his expenses during retirement and to bequeath at least $8 million to his wife and son in current US dollars. Joan had also to decide whether to buy or rent an apartment in Barcelona.
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