Monday March 30 2015
Andy Kessler, who ought to know, says the easy money in Private Equity is over.
I take this as another sign of a coming market top. Easy money as he says allowed funds to buy a company on cheap money, strip it to the bone, make debt payments, and then hope to sell it. That is over.
A harbinger for the market as a whole?
Professor Elam 
Leave a comment