Provide a Solution (1st principles of investing)
To provide value (and generate income as an individual or a business), you need to solve a problem for someone. It’s actually why we get out of bed every day and go to work. If a company you’re looking to invest in doesn’t do the same, it’s likely that company...
Debt Security Basics
Some investors react with concern when a company pledges its assets as collateral. If the company can’t rely on its cash flow to get bank financing, they think the company must be in danger. ”Asset-based” financing (or ABL) to these folks suggests a company is...
Defaults: being reasonable can be rational
It may seem clear at first – your tenant (Jeff) signed an iron-clad lease. Now, he hasn’t paid rent for 2 months. So, do you go through the time-consuming (and, oftentimes, expensive) process of an eviction, hoping you land a new (paying) tenant quickly, or is it...
