Be a Dispassionate Investor

Sometimes the worst thing you can do is “like” a deal. When you like it, it becomes difficult to let it go when, after further analysis, it starts looking like it’s not a deal. When you find yourself trying to “make it work,” do this instead: Let it go.

One way to get a little emotional distance is to ask yourself the question, “How could this come back to bite me in the fanny?” When you’ve answered that question you may discover a new perspective on the deal. Skepticism can be healthy. 

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