industry

also referred to as: the industry

7 statements across 5 episodes · 0 bullish · 5 bearish · 6 people on the record · first statement Apr 13, 2017 by Steve Galbraith · across every show →

Everything said about industry, oldest first

Apr 13, 2017 bearish

Assertion Not checkable as stated

Active asset management is doomed in aggregate to underperform by its fees

“In aggregate, the industry is doomed to underperform by the extent of its fees.”

Steve Galbraith Apr 13, 2017 ▶ 40:52 Steven Galbraith – Five Tool Player (Capital Allocators, EP.01)

Apr 23, 2018

Assertion Contradicted

Cembalest: Electricity is only 10% to 15% of industrial energy use

“I think electricity is maybe 10 or 15% of overall energy consumption by industry.”

Michael Cembalest Apr 23, 2018 ▶ 54:16 Michael Cembalest – Eye on the Market (Capital Allocators, EP.49)

Nov 11, 2021 negative

Opinion

Bergstrom: Allocators lazily use total position count as a proxy for risk

“I think there's a fair amount of laziness in the industry in using number of positions as a proxy for risk and concentration, just because it's easier when really it needs to be about sort of the sizing of those positions and the upside downside potential in t…”

Craig Bergstrom Nov 11, 2021 ▶ 26:13 Himanshu Gulati – Antara Capital (Manager Meetings, EP.19)

Dec 9, 2021 neutral

Assertion Not checkable as stated

Venture capitalists share an unspoken rule against scooping reference-call deals

“Typically in the industry, there's an unspoken rule that you don't scoop other people's deals if you learn about it from them.”

Bill Trenchard Dec 9, 2021 ▶ 47:26 Bill Trenchard - First Round Capital (Manager Meetings, EP.23)

Apr 17, 2023 bearish

Prediction Not checkable as stated

Giannini: LP Capital Crunch Will Pressure Private Equity for Years

“So I think this is really where the industry is going to have a pressure point over the next two, three, four years. This is not a, oh, the market goes up 20% and everything's magically solved.”

Mario Giannini Apr 17, 2023 ▶ 29:18 Mario Giannini & John Toomey – Private Equity Panel (Capital Allocators EP.309)

Apr 17, 2023 bearish

Prediction Not checkable as stated

Toomey: Private Equity Use of Lines of Credit Will Pull Back

“What I think we're more likely to see is I think the industry by and large did use lines of credit much more liberally than they ever have, and I do think that's going to pull back.”

John Toomey Apr 17, 2023 ▶ 12:17 Mario Giannini & John Toomey – Private Equity Panel (Capital Allocators EP.309)

Apr 17, 2023 bearish

Insight

Giannini: Private Equity Has Outgrown LP Capacity to Fund GP Ambitions

“The industry has simply outgrown both in terms of its size and its desire for more size. Has outgrown the limited partner capacity to fund it for a period of time. There's just not enough money in the world to give GPs everything that they want, whether it's a…”

Mario Giannini Apr 17, 2023 ▶ 28:39 Mario Giannini & John Toomey – Private Equity Panel (Capital Allocators EP.309)

industry

Everything said about industry, oldest first

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