Interviewing people about Due Diligence for articles or radio show #psbyjd


“Keep it simple is key to your success! Otherwise, you better have a lot of money to hire lots of lawyers, accountants, and other sage advisors.” – J20.01.25.0700E


  1. Always make deals simple and transparent
  2. Know who are your investor(s)
  3. Try to know about the source of the money
  4. More to come from interviewing people

Most importantly hire experts such as lawyers, accountants, etc. to make sure you know what you are doing as double-checking is good, but triple-checking is better.


1) Michael Robert Milken is an American financier and philanthropist. He is noted for his role in the development of the market for high-yield bonds (“junk bonds”), and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws.  Since his release from prison, he has also become known for his charitable giving.(finding best case study) Source Wiki:

2) Bernard Lawrence Madoff is an American former market maker, investment advisor, and financier who is currently serving a federal prison sentence for offenses related to a massive Ponzi scheme. Source Wiki:

3) Martha Helen Stewart is an American retail businesswoman, writer, television personality, former model, and convicted felon. As the founder of Martha Stewart Living Omnimedia, she gained success through a variety of business ventures, encompassing publishing, broadcasting, merchandising, and e-commerce. She has written numerous bestselling books, is the publisher of Martha Stewart Living magazine, and hosted two syndicated television programs, Martha, which ran from 2005 to 2012, and Martha Stewart Living, which ran from 1993 to 2004. Source Wiki:

In 2004, Stewart was convicted of charges related to the ImClone stock trading case. There was speculation that the incident would effectively end her media empire,[2][3][4] but in 2005 Stewart began a comeback campaign[5] and her company returned to profitability in 2006.[6] Stewart rejoined the board of directors of Martha Stewart Living Omnimedia in 2011[7] and became chairwoman of her namesake company again in 2012.[8] The company was acquired by Sequential Brands in 2015.[9]

4) Bernard John “Bernie” Ebbers (born August 27, 1941) is a Canadian businessman who was convicted of fraud and conspiracy as a result of WorldCom’s false financial reporting.[2] He co-founded WorldCom and served as chief executive officer.

The WorldCom scandal was, until the Madoff schemes came to light in 2008, the largest accounting scandal in United States history.


5.1 Venture Capital Firm Liable For “Aiding And Abetting” Breach Of Fiduciary Duty.

5.1.1 You will be painted as a monster always = a venture capital firm bankrolled by the Bass family, described by the Court with considerable understatement as a “wealthy Texas family engaged in the oil business”

5.1.2 Simple and transparent or it could cost you a lot of money =  after five years of litigation, the jury returned a verdict finding the defendants liable for over $7 million in restitution.

6.2 Other Cases Study (Times List Top 10 Bad CEOs)

7) More soon!





Author: JDM

Simi Private

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