I was reviewing some old material today and I came across an insight that I want to share. Andy Kessler, an ex-hedge fund manager, identified three key items that he looks for in any business; they are: Big market Unfair competitive advantage Ability to leverage that advantage through their business model While you may or may not be looking for outside investment, these are three important items to keep in mind. Here's my take: Big market - Are there enough potential buyers who are suffering...
