Noted financial expert, Dr. David Phelps, says that as the overall economy weakens, businesses of all types weaken as well, exposing you to greater investing risk, so your underwriting needs to evolve to better protect you in today’s environment. He outlined a summary “checklist” he uses as the foundation of his own underwriting process, which his team recently updated to make a more comprehensive and accurate assessment of any assets he considers investing in.
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