The Real Lesson Behind Norada & Drive: Due Diligence is Not “One and Done”
If you’ve read the headlines lately, you’ve probably seen the news about Norada Capital and its former CEO being charged with fraud by the Department of Justice. It’s disturbing, yes. But more than anything, it’s a wake-up call—and a powerful reminder that no matter how experienced an investor or cautious you think you are, due diligence is not a “one-and-done” event. It’s ongoing. Because vendors can—and do—change. That’s what makes this lesson so important for every investor, especially those of us in the passive income world.
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