3min chapter

In The Trenches cover image

When Search Funds Don’t Go As Planned (Part 2): With Jim Sharpe

In The Trenches

CHAPTER

How to Avoid Being Blinded by a Good Purchase

Sometimes there's a reason why a company trades at three times, which is to say it's got a lot of problems with it. So I don't know how does one avoid getting, you know, blinded by a good purchase. How much risk are you willing to take on and use in your negotiation to drop that multiple?

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