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TIP563: Lightning in a Bottle & Microcap Investing w/ Ian Cassel
We Study Billionaires - The Investor’s Podcast Network
How to Sell a Company
I normally sell for kind of four main reasons. You know, first is I find something better than my seventh best idea. The second one is probably the most common occurrence: it stops tracking to thesis. And then a team just does something dumb, which happens too often. That's a great time to sell. But every time I waited on those, I wish I did because that 50% retrace always happens at some point.
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