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the Magpie Chronicles · Nov 19, 2023

38/ ocular sunburns and jazz giants

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Mark Englehart Evans · the Magpie Chronicles

dall-e prompt “NFTs in a tanning booth in a dance club”

Record scratching sound

I was 1 week early on Private Equity taking over my personal zeitgeist - Freakonomics podcast released an episode about PE, featuring two books: Plunder and Two & Twenty. I also see good reviews of another plunder themed book about PE

Also I learned of the DoJ monopoly action against a PE firm that consolidated anesthesiology in Texas thanks to OddLot’s interview with Lina Khan.

I’ve skimmed 2 & 20, and it is 1/2 hagiography case studies of deals the “Masters of Private Equity” have done, and 1/2 skinny latté tell all, where even I can guess who he’s referencing even though ‘names have been changed’. The author is a PE veteran but as he tried to wrap up the book it started to feel like a love letter to an abusive ex.

Accepting suggestions for other books that defend PE or explain its vital importance to the global economy. I know they’re out there, or they will be soon.

Needle drop back into “beelzebub

Read the original on magpiechronicles.substack.com

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