I don’t want to stand up for PE too much but if their whole thing is explicitly targeting weak or underperforming businesses, they’re just another symptom. It’s

I don’t want to stand up for PE too much but if their whole thing is explicitly targeting weak or underperforming businesses, they’re just another symptom. It’s like saying “people who recently spoke to a doctor are more likely to die” (without mentioning that sick people tend to go to hospitals and talk to doctors).