When I conduct due diligence on a potential investment, one of my goals is to sketch out what I believe is the companies business model not to simply build a set of pro forma financial [...]
Having been an active investor for numerous years, I have accumulated many lessons from my investment losses and following the publicized losses of other investors. Many people want to run from [...]
Many of us in the turnaround world have been frequently repeating the same phrase day after day to describe the environment we are in, “Extend and Pretend”. Large and small lenders [...]