Founder of @PhronesisAI_Inc Exploring business, investing and getting in to the AI World. Sharing growth, insights, and self-improvement from my journey.
Kosovo Prime Minister Albin Kurti and opposition leader Lumir Abdixhiku agreed to nominate Bekim Sejdiu as the country’s next presidential candidate, a breakthrough that would end months of political deadlock and avoid another election https://t.co/HmC6CtonC3
"The world needs another private equity fund like a hole in the head."
That is the founder of private equity talking. Henry Kravis, at Columbia Business School, on why he would never start a PE fund today.
China alone has more than 5,000 PE funds. The model he invented is now saturated.
His alternative: the Berkshire route. Buy one company, install a great CEO, compound forever, keep 100% of profits instead of 20% carry.
When the man who built the model says it is second-best, LP capital concentrates at the survivors.
Why this is bullish for the mega-managers: https://t.co/nkzEGCxycz
Source: Columbia Business School - https://t.co/wzXIR2KPJr
@muhaj_ardian So many smart people suddenly woke up with great idea on what to do with it. It’s not that the island showed up yesterday. Why mention this now?
@UkLushi@albinkurti I agree, but we can’t say Kurti did nothing. Schengen visa liberalization, better institutions, and a smaller grey economy all happened under his government.