Tips by Jeffrey Tannenbaum

One of the first questions we ask about a possible investment is “Why is it mispriced?” If you don’t have a reason, there’s a good chance it...
If something is cheap but the business dynamics aren’t great, time can be your enemy unless you see a clear catalyst for value to be recognized.
The biggest mistakes we ever made involved a few investments in highly acquisitive companies that had balance sheet leverage. The big lesson is that...
We have become very leery, based on experience, of companies that need to raise capital in order to survive and pros per. It’s not a good thing to...
There’s a real premium in this business on innovation. That doesn’t mean chasing the latest fad, but it does mean recognizing new opportunities...