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	<title>Comments on: Ignoring Red Flags in Investing</title>
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	<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/</link>
	<description>Entrepreneurial Leadership and Management . . . and Other Stuff</description>
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	<item>
		<title>By: neatest little guide to stock </title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-103941</link>
		<dc:creator>neatest little guide to stock </dc:creator>
		<pubDate>Tue, 20 Jul 2010 03:38:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-103941</guid>
		<description>Never  fall in love  with any of  your  investments</description>
		<content:encoded><![CDATA[<p>Never  fall in love  with any of  your  investments</p>
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		<title>By: Will</title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-82025</link>
		<dc:creator>Will</dc:creator>
		<pubDate>Tue, 18 Aug 2009 23:56:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-82025</guid>
		<description>Lorne,

You&#039;re right.  If you&#039;re swinging for the bleachers, you often have to look past the blemishes.  In this case, though, I was only looking for a double or triple - I still looked past the blemishes.  Shame on me.

You&#039;re so right about the management stuff.  Even though I suspected a couple of issues, I discovered a different order of magnitude once I witnessed how tings were done.  Still, I should have asked more questions.

The best lessons are the most painful ones.  Right? . . . Right?! :-)</description>
		<content:encoded><![CDATA[<p>Lorne,</p>
<p>You&#8217;re right.  If you&#8217;re swinging for the bleachers, you often have to look past the blemishes.  In this case, though, I was only looking for a double or triple &#8211; I still looked past the blemishes.  Shame on me.</p>
<p>You&#8217;re so right about the management stuff.  Even though I suspected a couple of issues, I discovered a different order of magnitude once I witnessed how tings were done.  Still, I should have asked more questions.</p>
<p>The best lessons are the most painful ones.  Right? . . . Right?! <img src='http://www.2-speed.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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	</item>
	<item>
		<title>By: Will</title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-106711</link>
		<dc:creator>Will</dc:creator>
		<pubDate>Tue, 18 Aug 2009 23:56:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-106711</guid>
		<description>Lorne,

You&#039;re right.  If you&#039;re swinging for the bleachers, you often have to look past the blemishes.  In this case, though, I was only looking for a double or triple - I still looked past the blemishes.  Shame on me.

You&#039;re so right about the management stuff.  Even though I suspected a couple of issues, I discovered a different order of magnitude once I witnessed how tings were done.  Still, I should have asked more questions.

The best lessons are the most painful ones.  Right? . . . Right?! :-)</description>
		<content:encoded><![CDATA[<p>Lorne,</p>
<p>You&#8217;re right.  If you&#8217;re swinging for the bleachers, you often have to look past the blemishes.  In this case, though, I was only looking for a double or triple &#8211; I still looked past the blemishes.  Shame on me.</p>
<p>You&#8217;re so right about the management stuff.  Even though I suspected a couple of issues, I discovered a different order of magnitude once I witnessed how tings were done.  Still, I should have asked more questions.</p>
<p>The best lessons are the most painful ones.  Right? . . . Right?! <img src='http://www.2-speed.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Will</title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-82024</link>
		<dc:creator>Will</dc:creator>
		<pubDate>Tue, 18 Aug 2009 23:52:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-82024</guid>
		<description>John,

All so true.  The thing is, it&#039;s not like there was one or two, there were a dozen that I could see.  I looked at each one individually and chose to dismiss it without ever thinking about the flags as a group.  *That&#039;s* the stupid part.  AND, I should know better, it&#039;s not like the first time you ignorantly and stupidly take apart a Stromberg carb while ignoring the fact that there are 42,000 vacuum lines connected to it.  :-)</description>
		<content:encoded><![CDATA[<p>John,</p>
<p>All so true.  The thing is, it&#8217;s not like there was one or two, there were a dozen that I could see.  I looked at each one individually and chose to dismiss it without ever thinking about the flags as a group.  *That&#8217;s* the stupid part.  AND, I should know better, it&#8217;s not like the first time you ignorantly and stupidly take apart a Stromberg carb while ignoring the fact that there are 42,000 vacuum lines connected to it.  <img src='http://www.2-speed.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Will</title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-106710</link>
		<dc:creator>Will</dc:creator>
		<pubDate>Tue, 18 Aug 2009 23:52:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-106710</guid>
		<description>John,

All so true.  The thing is, it&#039;s not like there was one or two, there were a dozen that I could see.  I looked at each one individually and chose to dismiss it without ever thinking about the flags as a group.  *That&#039;s* the stupid part.  AND, I should know better, it&#039;s not like the first time you ignorantly and stupidly take apart a Stromberg carb while ignoring the fact that there are 42,000 vacuum lines connected to it.  :-)</description>
		<content:encoded><![CDATA[<p>John,</p>
<p>All so true.  The thing is, it&#8217;s not like there was one or two, there were a dozen that I could see.  I looked at each one individually and chose to dismiss it without ever thinking about the flags as a group.  *That&#8217;s* the stupid part.  AND, I should know better, it&#8217;s not like the first time you ignorantly and stupidly take apart a Stromberg carb while ignoring the fact that there are 42,000 vacuum lines connected to it.  <img src='http://www.2-speed.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Lorne</title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-82018</link>
		<dc:creator>Lorne</dc:creator>
		<pubDate>Tue, 18 Aug 2009 21:40:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-82018</guid>
		<description>The really great startups, the life changing, gazillion X return, investments, usually look terrible - that&#039;s why you&#039;re able to get the good price in them. How many people turned down eBay?

And markets are either very competitive, very small, or non-existent.  Free enterprise feels about big, empty, fast-growing markets the same way nature feels about a vacuum.

But the mentality of the management team is important: I don&#039;t want to invest my money in something where the people involved don&#039;t consider the success of the venture the most important thing in their lives.  Unfortunately, it&#039;s hard to find that out before you write the cheque.</description>
		<content:encoded><![CDATA[<p>The really great startups, the life changing, gazillion X return, investments, usually look terrible &#8211; that&#8217;s why you&#8217;re able to get the good price in them. How many people turned down eBay?</p>
<p>And markets are either very competitive, very small, or non-existent.  Free enterprise feels about big, empty, fast-growing markets the same way nature feels about a vacuum.</p>
<p>But the mentality of the management team is important: I don&#8217;t want to invest my money in something where the people involved don&#8217;t consider the success of the venture the most important thing in their lives.  Unfortunately, it&#8217;s hard to find that out before you write the cheque.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Lorne</title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-106709</link>
		<dc:creator>Lorne</dc:creator>
		<pubDate>Tue, 18 Aug 2009 21:40:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-106709</guid>
		<description>The really great startups, the life changing, gazillion X return, investments, usually look terrible - that&#039;s why you&#039;re able to get the good price in them. How many people turned down eBay?

And markets are either very competitive, very small, or non-existent.  Free enterprise feels about big, empty, fast-growing markets the same way nature feels about a vacuum.

But the mentality of the management team is important: I don&#039;t want to invest my money in something where the people involved don&#039;t consider the success of the venture the most important thing in their lives.  Unfortunately, it&#039;s hard to find that out before you write the cheque.</description>
		<content:encoded><![CDATA[<p>The really great startups, the life changing, gazillion X return, investments, usually look terrible &#8211; that&#8217;s why you&#8217;re able to get the good price in them. How many people turned down eBay?</p>
<p>And markets are either very competitive, very small, or non-existent.  Free enterprise feels about big, empty, fast-growing markets the same way nature feels about a vacuum.</p>
<p>But the mentality of the management team is important: I don&#8217;t want to invest my money in something where the people involved don&#8217;t consider the success of the venture the most important thing in their lives.  Unfortunately, it&#8217;s hard to find that out before you write the cheque.</p>
]]></content:encoded>
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	<item>
		<title>By: john bower</title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-81894</link>
		<dc:creator>john bower</dc:creator>
		<pubDate>Mon, 17 Aug 2009 17:56:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-81894</guid>
		<description>If it were only that easy, carefully look for the red flags, hold steady to your convictions and analysis, then miss the 1 in 1,0000 superstar. The problem is there are always the examples of exceptions to the rules. Let&#039;s face it red flag numero uno is: &quot;it&#039;s a startup&quot;. So once you make the leap of faith past that red flag, the rest probably become even easier to overlook, cause, well, this one is going to be the exception to the rule.

We are not wired all that logically. As a kid I remember the arguement that people made for NOT wearing seatbelts, everyone seemed to know someone who &quot;was miraculously throw from the vehicle to safety&quot;, this completely overlooks the unlikely occurance of highly unlikely impact vectors, a windshield or side window that was suddenly no longer there, no objects to hit once you are flying from the vehicle, and somehow landing such that you don&#039;t snap bones, your spine or skull. Hey while we&#039;re at it, let&#039;s jump out of a plane without a parachute, a few people have done this and survived...</description>
		<content:encoded><![CDATA[<p>If it were only that easy, carefully look for the red flags, hold steady to your convictions and analysis, then miss the 1 in 1,0000 superstar. The problem is there are always the examples of exceptions to the rules. Let&#8217;s face it red flag numero uno is: &#8220;it&#8217;s a startup&#8221;. So once you make the leap of faith past that red flag, the rest probably become even easier to overlook, cause, well, this one is going to be the exception to the rule.</p>
<p>We are not wired all that logically. As a kid I remember the arguement that people made for NOT wearing seatbelts, everyone seemed to know someone who &#8220;was miraculously throw from the vehicle to safety&#8221;, this completely overlooks the unlikely occurance of highly unlikely impact vectors, a windshield or side window that was suddenly no longer there, no objects to hit once you are flying from the vehicle, and somehow landing such that you don&#8217;t snap bones, your spine or skull. Hey while we&#8217;re at it, let&#8217;s jump out of a plane without a parachute, a few people have done this and survived&#8230;</p>
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	</item>
	<item>
		<title>By: john bower</title>
		<link>http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-106708</link>
		<dc:creator>john bower</dc:creator>
		<pubDate>Mon, 17 Aug 2009 17:56:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.2-speed.com/2009/08/ignoring-red-flags-in-investing/#comment-106708</guid>
		<description>If it were only that easy, carefully look for the red flags, hold steady to your convictions and analysis, then miss the 1 in 1,0000 superstar. The problem is there are always the examples of exceptions to the rules. Let&#039;s face it red flag numero uno is: &quot;it&#039;s a startup&quot;. So once you make the leap of faith past that red flag, the rest probably become even easier to overlook, cause, well, this one is going to be the exception to the rule.

We are not wired all that logically. As a kid I remember the arguement that people made for NOT wearing seatbelts, everyone seemed to know someone who &quot;was miraculously throw from the vehicle to safety&quot;, this completely overlooks the unlikely occurance of highly unlikely impact vectors, a windshield or side window that was suddenly no longer there, no objects to hit once you are flying from the vehicle, and somehow landing such that you don&#039;t snap bones, your spine or skull. Hey while we&#039;re at it, let&#039;s jump out of a plane without a parachute, a few people have done this and survived...</description>
		<content:encoded><![CDATA[<p>If it were only that easy, carefully look for the red flags, hold steady to your convictions and analysis, then miss the 1 in 1,0000 superstar. The problem is there are always the examples of exceptions to the rules. Let&#8217;s face it red flag numero uno is: &#8220;it&#8217;s a startup&#8221;. So once you make the leap of faith past that red flag, the rest probably become even easier to overlook, cause, well, this one is going to be the exception to the rule.</p>
<p>We are not wired all that logically. As a kid I remember the arguement that people made for NOT wearing seatbelts, everyone seemed to know someone who &#8220;was miraculously throw from the vehicle to safety&#8221;, this completely overlooks the unlikely occurance of highly unlikely impact vectors, a windshield or side window that was suddenly no longer there, no objects to hit once you are flying from the vehicle, and somehow landing such that you don&#8217;t snap bones, your spine or skull. Hey while we&#8217;re at it, let&#8217;s jump out of a plane without a parachute, a few people have done this and survived&#8230;</p>
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