I work for a hedge fund where all of the founding partners are billionaires. One of them said "Private equity is the best business in the world to be in." Trans

I work for a hedge fund where all of the founding partners are billionaires. One of them said "Private equity is the best business in the world to be in." Translation: If you are rich, it's the easiest way to get even richer. PE seems like another example where the rich get to play the game "Heads I win, tails you lose".