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Re: bigperm99 post# 41030

Tuesday, 04/29/2014 4:27:52 PM

Tuesday, April 29, 2014 4:27:52 PM

Post# of 55250
D.D.: "Due diligence is a term used for a number of concepts, involving either an investigation of a business or person prior to signing a contract, or an act with a certain standard of care." - Wikipedia.org, (2014).

I usually will not ever quote Wikipedia on anything, but this is pretty much what DD is in a nutshell.

It's the research you put into something before pulling the trigger. It's your own personal findings on a company, which is why boards are dangerous if you don't do your own research. It's very easy to follow people to the bottom because of hype.

Good luck!
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