dont you guys wanna do priavt e quity

I love the private equity model: Give me your money, don't ask questions, and I will give it back in ten years. (maybe with a profit but no warranty is offered) If things go badly, I just issue a binding capital call. Forget this mark-to-market crap and investor redemptions!

A lot of them have really generous tax breaks.

QuoteOriginally posted by: LTrainI love the private equity model: Give me your money, don't ask questions, and I will give it back in ten years. (maybe with a profit but no warranty is offered) If things go badly, I just issue a binding capital call. Forget this mark-to-market crap and investor redemptions!I have a friend in Moscow who does private equity and this is not quite the model that he describes. Of course, they do give money, but not without questions. On the contrary, they are later involved in the management of the companies they have invested into. They do constant oversight and sometimes involved in major decision making. Good money too.The downside is that it is not a finance job (in reality).