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Neither of them seem to realize or explain why flipping has actually become so common despite its questionable track record on actual value creation.
by johnnybgoode 17y ago
Neither of them seem to realize or explain why flipping has actually become so common despite its questionable track record on actual value creation.
- davemc500hats 17y agoactually, the latter 1/3 of my post was about exactly that point. sorry if you missed it. and while likely more than half of all acquisitions don't actually "work", enough do to make it worth doing.
- johnnybgoode 17y agoNo, please read my comment again. The point is that your explanation is not complete or correct.