Ted Seides on the World’s Elite Money Managers
Masters in Business
00:00
The Importance of Diversifying Away From Fraud
In 1998, you asked fame value investor Michael Price what he learned from investing in Sunbeam Corporation. He responds absolutely nothing with an expletive in the middle. How could you learn nothing from that experience? The challenge with that is that fraud is fraud. You're underwriting risks when you invest.
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