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PE has been growing at a compound annual growth rate (i.e. exponential) and has just been gobbling even sectors they didn't traditionally get involved in, like

PE has been growing at a compound annual growth rate (i.e. exponential) and has just been gobbling even sectors they didn't traditionally get involved in, like healthcare. There's definitely potential for snowballing consequences. [0]John Coates: Most Americans aren’t aware of how concentrated the financial sector has gotten Harvard Business School https://www.youtube.com/watch?v=v1-uTIN8zUQ https://www.youtube.com/watch?v=v1-uTIN8zUQ

memhole 2y ago
It’s truly tragic what’s been going on with veterinarians. I just need care for my pets. Instead I get bombarded with what amounts to sales and insurance pitches. There has to be a more viable way for family or local businesses to cash out while still supporting the community.