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Podcast: My Worst Investment Ever Podcast
Episode: Bogumil Baranowski â Be Careful With Businesses in Secular Decline
Description: BIO: Bogumil Baranowski is a founding partner of Sicart Associates, LLC, a New York City investment firm. He has almost two decades of investment experience.STORY: Bogumil invested a lot of time and money in two companies that were drowning in debt, had poor management, and had a secular decline.LEARNING: Just because itâs cheap, donât compromise on debt, management, and secular decline. Debt is the number one risk for an existing company. âYes, you can make money, but keeping it is equally as important.âBogumil Baranowski Guest prof...