Welcome to Ask A Billionaire # 49. This is the first non-live recorded webinar. Mr O and I took one question, that came in over the week and answered it in depth.
The question was as follows: 
I've heard you say before that buying a distressed business is like buying distressed real estate. Can you talk about that more? What do you look for through the bad to find the value? What red flags do you look for? How would you negotiate with that business owner?

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