People are looking at private equity partners in a very different way. They're saying yes to them because they understand they need the expertise and help. Being public is less attractive yet, but it's still easier for you to have access to capital. The industry is really like we're just the same as franklin templeton: We just managed private companies.
Steven Begleiter is a Managing Director of Flexpoint Ford. Prior to joining Flexpoint Ford in 2008, Steve was a Senior Managing Director at Bear Stearns & Co. He is also a professional Poker player who claimed the 6th place in World Series of Poker 2009, winning $1.59M Show Notes:
- Culture at Bear Stearns
- The liquidity crisis that ended Bear Stearns
- Evolution of Financial Services
- Importance of having a ‘thesis’ for your investments
- The Rise of Private Equity
- Where is PE headed to?
- Investing lessons from a Poker career
- Role of luck in life and Poker
- Psychology at the poker table
- How micro-expressions can give your game away
- Historical perspective to the Russia-Ukraine crisis
- Importance of reading military history