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Deal Origination And Hollywood Misconceptions

Deal Origination And Hollywood Misconceptions
Many misconceptions about private equity persist. They stem from the industry's nascent years in the 1980s when firms would buy companies using a great deal of leverage, strip their assets, break them apart, add little (or no) value, and make over-sized returns.  Movies such as "Wall Street", "Other People's Money", and even "Pretty Woman" helped perpetuate this notion. One of… read more →

One Word…Plastics

One Word…Plastics
Mr. McGuire: I want to say one word to you. Just one word. Benjamin: Yes, sir. Mr. McGuire: Are you listening? Benjamin: Yes, I am. Mr. McGuire: Plastics. Benjamin: Exactly how do you mean? Mr. McGuire: There is a great future in plastics. Think about it. Will you think about it? The above lines were spoken in the classic coming… read more →

Thanksgiving, Pilgrims, And The State Of Our Economy

Thanksgiving, Pilgrims, And The State Of Our Economy
The Chinese proverb “may you live in interesting times” has been particularly true during the past few years. Harken back to November, 2007 and the DJIA (Dow Jones Industrial Average) which peaked the prior month began its precipitous 50% decline and by November 2008, the world economy was on the brink of collapse. This November as we prepare for the… read more →