The Myth of Private Equity

The myth of private i read the book that you've written that's largely about the leverage byout the byout stage s. It does seem that the promise is that the we can buy these s more cheaply, we can sell them for a at the best time to sell them,. We'll put some leverage on tend we'll also have an operational improvement. That sounds to me like that's a pretty good recipe for generating returns. Where is the where is the problem with that approach? The approach that was te factor when the business really got out of the blocks, 30, 35 years ago, and it worked well.

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