David Sirota (@davidsirota.com)

Wonder why the worst things come from private equity? It’s not because private equity moguls are so much greedier than other greedheads. It’s because their tax-preferred business model promises investors market-beating returns — and such outsized returns can only be reaped by predation.

loading . . .

The Reason Private Equity Ruins Everything It's not that private equity moguls are more greedy than other greedheads - it's that their tax-preferred business model promises investors outsized returns that can only be reaped by predation. https://sirota.substack.com/p/the-reason-why-private-equity-ruins

5 days ago