Sunday, September 21, 2008

If It Looks Too Good to Be True.....

MTB and I went to Costa Rica this week. This was not a vacation. I had been invited there by a business associate. He knows that the company I work for in Mexico is for sale. He operates a similar company in Costa Rica, and wants to begin operating in Mexico. I thought he was interested in buying the company. He probably thought I was worried about losing my job.

He is a very bright person, and he really picks up on what is important to the people he wants to influence. So as the conversation progresses, I begin to think he and I share many of the same personal values. But when he offered me a lot of money to leave the company in Mexico and help him start a new business in Mexico, I became a bit suspicious that maybe we didn't share the same values. By the time we finished the two days with him, MTB and I concluded that what is true with investing is also true with humans: If it looks too good to be true, it probably is...........