That's the thing, from the article it appears that absolutely nothing of value is created by these portfolio companies. Instead, ESW is buying companies who ha

That's the thing, from the article it appears that absolutely nothing of value is created by these portfolio companies. Instead, ESW is buying companies who have done all the hard work a long time ago (using highly-paid creative employees) and feasting on whatever revenue they still produce while cutting costs and paying contractors just enough to keep things operational. I've seen my fair share of guys like him. They get rich by buying the crap that people don't want and doing the crap that people don't want to do. You hated them because you felt like it went against the laws of the universe for these sorts to be so successful. You never envied them though, because you realized that these people had miserable lives despite being rich. As long as these people are looked down on more than they're looked up to, I think we're fine.