As a journalist, I have rewritten the article to make it unique. Here is my version:
Due diligence is an essential process that investors use to assess the potential of a company. However, most people believe that due diligence only involves analyzing financial statements and numbers. But there’s more to it than that. One crucial aspect of due diligence that is often overlooked is questioning and interrogating senior executives and employees to uncover the truth about a company’s business model. In this episode of Odd Lots, we had the opportunity to speak with Phil ‘Dick’ Houston, a seasoned CIA officer who specializes in detecting lies.
Phil has written a book on the subject and has worked closely with entrepreneur Brad Jacobs, helping with due diligence processes for senior hires and potential investments. During our conversation with Phil, he shared valuable insights into his approach for identifying deceptive behavior and how this methodology can be applied in the corporate world. With his extensive experience and unique perspective, Phil highlighted the importance of asking the right questions and challenging assumptions during due diligence. By learning how to spot lies and uncover hidden truths, investors and business leaders can make more informed decisions and avoid potential pitfalls.
To learn more about Phil Houston’s strategies for detecting deception and how they can be utilized in the world of business and finance, tune into this episode of Odd Lots on Apple Podcasts or Spotify. Be sure to subscribe to the Odd Lots newsletter for additional insights and updates on future episodes.