Network-1 (NTIP) is a decidedly mixed investment opportunity, and one that I would personally refrain from, despite seeing much to like about it. In doing so, I defer to the wisdom of Warren Buffett's business partner and the vice-chairman of Berkshire Hathaway (BRK.A) (BRK.B), Charlie Munger.
In evaluating investment opportunities, Munger recommended separating such opportunities into three baskets:
"We have three baskets for investing: yes, no, and too tough to understand."
What Munger meant by this is that if an investment is simple to understand and is attractively priced,