We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great c...
I have either run private equity funded companies or been a partner in a private equity fund since 1982. I've had a front row view of the vital role private equity continues to play in building and keeping American businesses competitive in the globa...
I don't particularly like equities, but I think equities are a better space to be in than bonds.
Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don't do it.
When you look at dividend returns on equities versus bond yields, to me it's a pretty easy decision to be heavily in equities.
If we don't figure out a way to create equity, real equity, of opportunity and access, to good schools, housing, health care, and decent paying jobs, we're not going to survive as a productive and healthy society.
I've probably done more venture capital deals and expansion financings than I have done private equity deals. But both are the same. Private equity companies have also built jobs.
Private equity firms aren't necessarily evil by definition. There are many stories of successful turnarounds fueled by private equity, often involving multiple floundering businesses that are rolled into a single entity, eliminating duplicative overh...
In our equities business, 49 of the 50 most important Lehman clients are back doing business with us. The flows are 75 to 80 per cent of what they were prior to the bankruptcy. The issues which damaged Lehman were around commercial mortgages and illi...
Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the pe...
Christian equality can be described as equity, or even-handedness. Egalitarianism, in contrast, demands sameness, or equality of outcome. These two visions of equality are about as comparable as dry and wet. Think of it in terms of ten teenage boys t...
I went to Northwestern in Chicago, in Evanston, and then I ended up trickling down in Chicago theater. I did a bunch of plays, but I was non-equity. For a lot of people, non-equity means you're not yet professional. But for me, if you're in a mainstr...
I believe investors should invest for the long run, so I don't buy and sell. I usually maintain the classic index of global equities, diversified U.S. and global and emerging markets, and when the risk is larger, I diminish the amount in global equit...
Equities are boring; bonds are disgusting.
The essence of global health equity is the idea that something so precious as health might be viewed as a right.
Commodities tend to zig when the equity markets zag.
The rise in equities helped strengthen the economy.
Be incredibly, ruthlessly selfish with your equity.
The role of private equity as fiduciaries is certainly to make money.
With you it is always the law, never equity.
Ethics and equity and the principles of justice do not change with the calendar.
