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The Risk Reward of Investing in SMEs
We were in an aviation training company, a new car license plate company and a food retail company that had 85% of its sales in store. So if any one of those went down, we could have been in big trouble. But thankfully, they didn't. And I'd say that like the risk, it's not like in the sense we're getting into good businesses with proven cash flows. We're kind of, and we're working to the Jim Collins model. It's preserve the core and simulate progress.