The Power of Knowing When To Walk Away
Afford Anything
00:00
The Kill Criteria for Getting Off the Position
The kill criteria sounds to me very much like having an investor policy statement where you write out in advance, here's exactly what I'm going to invest in. And here's the criteria for walking away. It's interesting because I actually coach, I've coached quite a few PMs. What I find is that when I come in and I'm working with PMs, they do have their thesis written down pretty clearly. But it's that last piece that they're missing.
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