Billionaire PE Manager Setting out His Trough

Discussion in 'Politics' started by Taco Gratis, Apr 4, 2020.

  1. Taco Gratis

    Taco Gratis Clear eyes. Full hearts.

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  2. Swamp Donkey

    Swamp Donkey Bring Back Squash
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    Shambles?

    Who knew shutting the economy down for a few months would be detrimental?
     
    • alcoholica

      alcoholica I'm what Willis was talking about

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      No one
       
    • Bammer

      Bammer Serving up sh*t sandwiches
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      Just came out of nowhere. V-Shaped recovery coming to a neighborhood near you!
       
      • Taco Gratis

        Taco Gratis Clear eyes. Full hearts.

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        • rogdochar

          rogdochar Senior Member
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          Fauci's 20 million US deaths got shot down, so he's switched to most everbody's gonna succumb to a second more virulent round of virus.
           
        • FireFoley

          FireFoley Senior Member
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          In fairness, I am currently invested in a few Private Equity firms in some form, yet I have to find this guy's views from Apollo as almost lunacy. These guys at Apollo, Blackstone, KKR, Carlyle, Warburg Pincus, Bain, et al. should be licking their chops at what is going on. They are sitting on a shytton of cash waiting to buy up many of these companies they are going to fail. Perhaps the guy at Apollo is pissed b/c they have overspent in the past 2-6 years buying companies up at high valuations b/c there was so much competition. If there was inflation it was in the PE market with so many firms chasing the same deals. Hell it is all these PE guys who have had Warren Buffett and Berkshire sitting on the sideline for so long b/c Buffett kept saying all these deals he has looked at were just way too expensive. So now the guy sitting on a shyton of cash actually wants the FED to give him a shytton of more money at 0% interest to buy up bankrupt companies, get them back on their feet and if not then the PE firms will bear no risk. Yeah sounds like a plan to me.
           
          #7 FireFoley, Apr 4, 2020
          Last edited: Apr 4, 2020
          • AugustaGator

            AugustaGator Junior Member
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            Since when has anyone taken a haircut?
             

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