I have a Dust Bin watchlist.  It’s a hodgepodge of companies I have looked at and passed on for one reason or the other.  Mainly, I didn’t like the business model, the people running it or the competitive environment.  I maintain it because I want to see where I am wrong, understand why I was wrong and see if I can figure out how to fix it when I look at companies in the future. 

My first lesso...

 

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