The Chicago Teacher Pension Fund Trustees finally knocked down private equity by voting against a measure to invest another $10 million in the KKR Ascendant Fund. This was the first time since I’ve been covering the sad state of private equity that the trustees voted against the wishes of an industry that the Fund is heavily invested in despite its reputation for plundering the companies they buy up.
If you can do 20% gains consistently you are a Warren Buffet grade investor. Funny, there only seems to be one Warren Buffet and one Berkshire Hathaway.
If you can do 20% gains consistently you are a Warren Buffet grade investor. Funny, there only seems to be one Warren Buffet and one Berkshire Hathaway.
Thank you for keeping an eye on this and reporting!