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by stephen_cagle
57 days ago
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I believe private equity ownership represents this in an aggressive form. The 2 and 20 percent takes that PE usually mandates as part of their purchase agreement means that they are highly highly incentivized to maximize short term "wins" over long term survival. I think Chesterton and Taleb also had pretty reasonable things to say about understanding a system before you make changes and fragile/anti-fragile systems as well. |
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