AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Rise of the Professionalized Private Equity Firm
The rise of the professionalized private equity firm and all of the big brands that these private equity firms are buying. What does that have to do with the lower tax tier of capital gains that you have been telling us about? Well, the reason it's so important is because the private equity firms did something very clever in how they structured their own compensation. They collect 20% of the profits that they make investing other people's money.