When chiropractors and attorneys find out my background is in investing, they always ask me my opinion of where they should invest their money hoping for a stock tip. My answer is always, always, always: invest your money inside your own firm.
When chiropractors and attorneys find out my background is in investing, they always ask me my opinion of where they should invest their money hoping for a stock tip. My answer is always, always, always: invest your money inside your own firm.
The above excerpt from Cable Cowboys discusses John Malone's experience as a consultant at McKinsey. Malone went on to become a billionaire deal maker in the cable industry, and his observations about what consulting entails are spot on....It's not rocket science.