In the 80’s you had corporate raiders disassembling companies when their hard assets were worth more at auction than the purchase price of the company. It was violent and people didn’t like it.
PE is a slower, less obvious strategy, working on a larger pool of companies.
But I strongly suspect the same kind of human worked for both company types.
PE is a slower, less obvious strategy, working on a larger pool of companies.
But I strongly suspect the same kind of human worked for both company types.