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Banker: “Now I’d like you to turn your attention to page 41, which are the 5 year projections. As you can see the business will expand profit margins, dramatically improve revenue growth, and earnings will explode.” Me:pic.twitter.com/Payk2ZS8pB
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Got this great question through DMs. My response: When was the last time something went materially wrong in the portfolio? When did you find out about it? Who told you and why? What was done? What was your involvement personally? How did your process change as a result?pic.twitter.com/lriEzPPZKe
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Google was originally called BackRub. Pepsi was called Brad’s Drink. Phil Knight’s shoe company was named Blue Ribbon Sports. DrivUrSelf became Hertz. http://Adventur.es is now
@PermanentEquity. Questions? BackRub it. https://www.permanentequity.com/writings/putting-the-permanent-in-pe …pic.twitter.com/fG7uN4KRLS
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Oh, I hadn't gone there with it. Delightful.pic.twitter.com/uWUr9o3iHA
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I like to think of myself as the short, fat Mahomes of micro-cap PE.pic.twitter.com/31JFgIpjbP
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Have some big news to share...adventur.es is now Permanent Equity. Same people. Same strategy. New name. Explainer: https://www.permanentequity.com/writings/putting-the-permanent-in-pe … Website: http://PermanentEquity.com Twitter:
@PermanentEquitypic.twitter.com/MC0VEcWPpO
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