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Re: naterey post# 3268

Thursday, 07/19/2012 5:17:25 PM

Thursday, July 19, 2012 5:17:25 PM

Post# of 7602
When I wrote "If your first criteria in picking an investment isn't quality of mgmt, then this one is a real standout, " I meant first make sure the mgmt is good before even looking at the technology, then proceed to the only thing of value, the tech. It seems some people think this is a standout because mgmt will make things happen, but the world is full of failed mgmt so a good team is no guarantee of success.
Never think the competition has no capable mgmt.