Articles
What we have learned assessing Iranian businesses.
Six criteria, weighted equally, and why
Market, Product, Team, Hidden Value, Growth Opportunity, Investment Potential. Equal weights are a claim about our own ignorance, not about the businesses.
Published September 25, 2026
What hidden value actually means
Most Iranian businesses are not undervalued because the numbers are wrong. They are undervalued because nobody has counted the right things.
Published September 25, 2026