This podcast episode features Ted Seides discussing the transformative journey and robust growth of private equity, revealing its impressive compounded annual return of 14.6% as compared to the S&P 500's 9.8%. Seides elaborates on how private equity, often seen as a "superior form of capitalism," utilizes operational control to generate profits, particularly emphasized during the 2008 financial crisis that catalyzed its expansion. The conversation spans critical topics such as geographical influences on private equity's success, important pricing factors in deal-making, and insightful case studies from leading firms like KKR and Apollo. Seides also weighs in on the challenges for individual investors and offers career advice for those entering the finance sector, underscoring the role of technology in future developments.
