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I wanna go do what Bain Capital, and KKR, and Blackstone did 20 years ago. Not what they're doing now, I don't like what they're doing now. I want to do what they used to do, and just copy it, because it worked.
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What private equity is doing today is buying small, expensive companies with a lot of debt.
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During crises, markets panic, and investor forecasts become too correlated in predicting worse to come. But the humble investor knows that these dire predictions are unlikely to come to pass, as unlikely as the fever dreams that characterize stock manias.