Why I kill 98% of deals I look at. FU 104
Financial Underdogs - Un pódcast de Damion Lupo
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A professional investor kills almost all deals he sees. Why? Because most deals are terrible before they even start. Inexperience, cons, dumb ideas, lack of a professional team etc. etc. Today I talk about a deal I saw this week that I killed for all sorts of reasons, 30% returns in 6 months, going global, secret broker sauce, basic Ponzi mumbo jumbo. Everyone's chasing yield in this stagflation environment. Remember, it's never about return on your capital, it's about return OF capital.
