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...
