Due Diligence

Unknown Unknowns.

There are known knowns.
There are things we know we know.

There are known unknowns.
That is to say, we know there are things we do not know.

There are also unknown unknowns.
The ones we don’t know we don’t know.

Kinda says it all.

We know a thing or two about these known and unknown things and how to know them.

I’ll share just one due-diligence illustration with you.

An investment group called on us to determine the viability of a medical device investment under consideration.

I’m really glad they did. So are they. That company eventually went bankrupt.