It's me again. I'm the banker who has conversations with tax returns. Proud of that ability, by the way. And, I suspect I have multiple personalities - maybe not in a purely clinical sense, but, I often feel there is 'more than one of me' inside my head. Possibly scary for others, but interesting for me. I can summon these personalities at will; not burdened by an unexpected arrival. Oh, I'm also a rather successful banker.
For some time now, I've wondered about distributions - the ones my business customers get (or don't get) from their businesses. It's a casual wonderment; doesn't keep me awake at night, but, I just suspect there's more to them than I know. Right now, a distribution is like an acquaintance. I want something more.
Maybe I can have a conversation with a distribution just as I do with tax returns. It's worth a try.
It helps to have something physical in front of me to summon the conversation. What, I ask? Then it occurs to me - I usually see distributions when looking at my customer's Schedule K-1 issued by some pass through entity. I go to the credit file for one of customers and randomly select a K-1. I'm ready.
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