Andrew Milgram
๐ค SpeakerAppearances Over Time
Podcast Appearances
And again, you got to be sensitive to that reality.
It goes to their decision making.
It goes to how they engage with you, how they engage with the business or the assets.
Each situation is difficult in its own way because that human drama tends to be the unknowable thing as you're walking into a situation.
We are the avatar of people's frustrations.
I don't love it.
That's not I don't wake up excited about this.
Yeah.
There's a saying that I repeat often, nobody finds distress, distress finds you.
And that's true in business.
It's true as an investor.
Nobody graduates from college and is like, you know, I'm going to go into companies and be reviled by management and argued with by sponsors and yelled at by banks.
It's not something that people go into.
It's not the ambition.
Yeah.
So it tends to find people and it self-selects people.
The way we deal with it is, again, back to first principles, deal with people with dignity, with respect, compassion for the reality that they exist in, compassion for the fact that this is the hardest thing they're ever going to go through.
And that they don't like this.
It's upsetting to them.
It's having an impact on their home life, on their kids, oftentimes destroyed their life savings.