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I have a lifelong friend who is a very successful investor and who has been habitually reading obits since his high school days. I recall his explaining that ob
by Wistar 1y ago
I have a lifelong friend who is a very successful investor and who has been habitually reading obits since his high school days. I recall his explaining that obits served as an opportunity radar.
- djeastm 1y agoCan you elaborate on how? Besides the obvious of seeking out a bereaved family member and purchasing their home/belongings on the cheap, of course
- eru 1y agoYou can also look for companies with leadership transition.
- deleted 1y ago[deleted]
- Applejinx 1y agoI don't do it, but consider this: obituaries are clearly capsules of what people consider valuable and worthy about a person. This has nothing to do with whether they're true, or plausible: they're little windows into what one would consider surpassingly important. It's like the saying about the Velvet Underground: 'very few people came to their concerts but everyone who did, started a band'.
- Wistar 1y agoI can't remember exactly what he said but it was something along the lines of staying aware of the changes in the community.