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> And the new phase will favour investors willing to roll up their sleeves and improve operations at the companies they have bought Sounds good. The investment
by ehnto 4y ago
> And the new phase will favour investors willing to roll up their sleeves and improve operations at the companies they have bought
Sounds good. The investment meta-game played atop of companies that do produce societal value, I feel has been a gross waste of focus. Money going every which way but nothing materially changing. Valuations skyrocketing net wealth yet no tangible value produced.
- SOLAR_FIELDS 4y agoIt does seem like things working slightly more like intended, according to the article at least. The whole cycle of PE firms coming in, gutting the companies for short term profits, claiming victory, and then auctioning off the shell is one of the many gross effects of the system we have today. I’m sure that aspect still lives on today, but to the article’s point, at least the PE firms will have to do a bit more legwork to get away with it.