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pelespirit@sh.itjust.works

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Who's going to tell me how to eat though? (sh.itjust.works)

submitted 1 year ago by pelespirit@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works

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[–] sunzu2@thebrainbin.org 16 points 1 year ago

Private equity. These are funds admined by fund managers for a fee but the capital comes from high networth individuals.

You have to be a "qualified investor" to even access it.

They are used for risky plays but general play us buy up a market, consolidate it, then start extracting and then exiting for a fat profit. This will generally result in low quality services and business is unsustainable after the extraction.

You prolly participated in markets they ruined. For example the play for sears was about looting the pension fund of the employees. That one was extra nasty.