E263: The Importance of a Sponsor Going Through a Recession - Steven Pesavento

Have you been through a recession or unpredictable market change and economic environment?  In this episode, Steven talks about the importance of understanding the past, understanding the experiences of some of the operators that you're investing with, and why having a track record for 20 years isn't always necessary.

Key Takeaways:

1. Look for an operator and for a team that has been through market changes and navigated them well
2. Steven shares a partner story that led to some strategies that have been used in Von Finch to be in a phenomenal position to preserve capital
3. There is importance in reconnecting to those past experiences and studying the history in order to move forward when it happens again
4. Ensure you have preservation of capital and then create a phenomenal return in the long run

Resources Mentioned

Interested in connecting with other like-minded individuals? Then join our VonFinch Private Capital Network.  Learn more at http://www.vonfinch.com/network