Sign in with Facebook
Scott Fearon’s Followers (12)
Scott Fearon
* Note: these are all the books on Goodreads for this author. To add more, click here.
“As the manager of my hedge fund, I’ve shorted the stocks of over two hundred companies that have eventually gone bankrupt. Many of these businesses started out with promising, even inspired ideas: natural cures for common diseases, for example, or a cool new kind of sporting goods product. Others were once-thriving organizations trying to rebound from hard times. Despite their differences, they all failed because their leaders made one or more of six common mistakes that I look for: They learned from only the recent past. They relied too heavily on a formula for success. They misread or alienated their customers. They fell victim to a mania. They failed to adapt to tectonic shifts in their industries. They were physically or emotionally removed from their companies’ operations.”
― Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places
― Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places
“Lynch called these two mistakes, which often go together, “watering the weeds and cutting out the flowers.”
― Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places
― Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places
“Things go wrong more often than they go right. Failure is actually a natural—even crucial—element of a healthy economy. And the people who are willing to acknowledge that fact can make a hell of a lot of money.”
― Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places
― Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places
Is this you? Let us know. If not, help out and invite Scott to Goodreads.
