20/20 hindsight monday morning quarterbacking is a waste of time
Yet so many PE professionals do it to themselves and their peers.
We make the best decisions at the time,
with the limited information available to us.
New information which may have led us to make a different decision
does not mean our initial decision was a failure!
In reality, we make an investment, problems arise,
seasoned professionals respond with logic, teamwork and focus on how to get the best result given the circumstances.
PortCo's are never perfection.
If you live in fear of problems, you're likely paralyzed and kill deals.
Or maybe you'll put the risk on, but then live in fear of what may go wrong, and how people will pin it on you when they do.
Are you holding yourself to an unrealistic standard given the uncontrollable nature of your job?
#privateequity #growthequity #hedgefunds #mindset