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Quite possibly: the business is called "private" equity for good reason.
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But after the company's stock encountered technical problems then sputtered for three days, he sold his few hundred shares for a $2,200 loss and vowed to end his equity gambles for good.
Those people were soured on equities, and for good reason.
He will look beyond equities for bargains a good example is Lehman Brothers, which at the end of last year was Baupost's largest distressed-debt position.
I'm willing to risk a little bit of relational equity for the greater good of speaking and hearing truth that yields growth.
And suppose that all private equity deals went away for good.
AUBURN HILLS, Mich., May 14 — Can private equity investors fix Chrysler for good, and can they avoid a confrontation with the United Automobile Workers union?
It has been hard to keep the American billionaire out of the news this year: one minute he is paying $1m to have Rod Stewart sing at his 60th birthday party, the next he is giving speeches claiming that private equity is a "force for good".
Together, they will go through a six-month "boot camp" in New York, learning how to route some of their wealth into angel deals, that will score them an equity stake in for-profit, for-good businesses.
A section in the recently vetoed tax-cut bill would have allowed the IRS to waive the 60-day requirement for reasons of "equity or good conscience," for example, in cases of "casualty, disaster, or other events beyond the reasonable control' of the taxpayer.
Listen to the political rhetoric out there and you'd either believe that private equity is either a force for good or a force for evil.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com