The Seven Deadly Sins of Private Equity
Devin and Jim discuss the seven deadly sins of private equity -- sins that will turn a good deal into a bad deal.
Pride: Don't admit what you don't know.
Envy: Make a bad acquisition.
Lust: Overpaying for a deal.
Greed: Trying to do too much, too fast.
Wrath: Market turns on you.
Gluttony: Taking on too much debt.
Sloth: Failing to move fast enough on management problems.