Hedge fund managers have faced a litany of unique challenges since the onset of COVID-19, and have learned a lot from those lessons. I recently sat in on a discussion hosted by BNY where top managers shared their veiws about what they learned. Transparent communication is key: Given the continuing and all-permeating air of uncertainty, […]
All four publicly traded private equity firms just reported unprecedented financial results for the quarter just ended. They also reported huge inflows of assets from their limited partners. Check out the numbers: KKR, private equity portfolio climbs 9% in the quarter, posts $1.1 billion in net income. Distributable earnings of $925 million, a 104% yoy. […]
I read Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future over the summer. It’s a fantastic read and a detailed account of the ups and downs of one of the biggest visionaries of our time. It also gives you a sneak peek into Musk’s work ethic and productivity secrets he uses to […]
Apparently, this podcasting thing has really caught on. All kidding aside, there are now more than 750,000 podcasts on the market and podcast fans populate about half of the households in America. And podcasting is even more popular in Australia, Sweden, Spain, and South Korea. It is a global phenomenon driven by smartphones and a […]
Content Summary Private equity could grow by five times over the next decade. Big firms will get bigger and smaller firms will specialize. Firms will need to align with environment, social and governance expectations. ________________________________________________________ The modern private equity (PE) industry has come a long way from the junk bond and leveraged buyout days […]
__________________________________________________________________________________________________________ In May of 2019, I was accepted to the Eli Whitney student program at Yale University. At 52, I am the oldest freshman in the class of 2023. Before I was accepted, I didn’t really know what to expect. I had seen the infamous YouTube video of students screaming at a faculty member. I […]
If you have a job, that means you’re just over broke. You’re trading time for money. You’re working for the man. You read blog posts telling you to quit your job. You’re told entrepreneurship is the wave of the future. Society has turned the job into an enemy. We complain about our jobs, blame our jobs for […]
After graduating from Carnegie Mellon Univ., Nat Eliason takes a marketing job at a list-topping remote tech company, Zapier. He’s employed there for a few short months before he gets hired away by Noah Kagan to work at his marketing SaaS powerhouse company, AppSumo, in Austin, Texas. Eliason soon realizes he doesn’t need to work […]
As the frequency and sophistication of cyberattacks continue to rise, the need for skilled security professionals and talented Chief Information Security Officers (CISO) becomes more clear. Today, 60.8% of enterprises have a CISO, and this role has become so strategic to organizational success that the CISO reports directly to the CEO at 32% of companies. […]
In the 1990s, a trio of psychologists from the Universität der Künst in Berlin embarked on a quest to answer the question: What separates elite achievers from average performers? Their resulting research became the basis of the so-called “10,000 hour rule,” popularized by psychology writer Malcolm Gladwell in his book Outliers — the idea that […]
