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The Importance of Private Equity in Investing
Peloton was worth $90 billion at one point, but now it's a bubble. If you're the Peloton CEO, you can't say we're not going to lean into this and get fired. This is where I think your investor stack really matters. And in America, we just don't have that with a lot of these companies. Well, also, I think we're just pretty short, short on intelligence.
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