Pitfall Vision-How to Grow a Business & Stock Investment Mind-The Productive Week-End Series
There is more money in endorsing stocks than in criticizing them. Similarly, most of us prefer unabashed flattery to ruthless appraisals of our selves and our work. However, business is not about popularity or being liked. It is useful to have an advocate of the Devil in any office. This applies in equal measures to business management and to stock investing. Improbable but grave risks threaten business and stock values most. Any corporation will eventually recover from the disruptions of a hurricane. However, what if customers gradually change preferences? Could deadly new competition lurk in an unseen corner? Finally, there…