[LWJ]

Many of my clients got bought by PE. I think most of them run poorer after. My employer just got bought by PE. We will wait and see but I am not optimistic at all. I invested in a PE recently. Shocker. I made good money. BUT, I had zero control or liquidity. Not a fun experience.

I think that PE mostly a big fad and lots of it will fold up and go away. My buddy who made 10's of millions selling his profitable company offered to buy his company back from the PE people that turned it into a loser in a few short months. I think this is a somewhat typical experience.