Business Quote by Simon Lack
““Invest off the beaten track, with small undiscovered managers; negotiate preferential terms, including a share of the business or at least preferential fees and reasonable liquidity; demand (and do not accept less) complete transparency about where””
About This Quote
Source Article: Business Strategy Journal, 2022, “Alternative Investment Paths”
The author advises seeking unconventional investment opportunities with lesser-known managers, negotiating favorable terms, and demanding full transparency.
In simple terms: Seek hidden managers, negotiate better terms, require transparency.
Key Takeaway
Pursue unique deals with clear, fair conditions.
Themes
investment strategy
negotiation
transparency
alternative markets
risk management
Mood
cautious
analytical
Type
advisory
strategic
When to use this quote
- venture capital
- private equity
- real estate
- startup funding
- financial advisory
Key Concepts
due diligence
contractual leverage
market inefficiencies
Questions to Reflect On
- What safeguards can ensure manager credibility?
- How to assess transparency claims?
A Different Perspective
Finding trustworthy undiscovered managers can be difficult and risky.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)