Bloom: Market Growth Trumps Business Quality in Private Equity
Sahil Bloom · Sahil Bloom – Creativity, Investing, and Engineered Serendipity (Capital Allocators, EP.249) · May 9, 2022 · at 16:39
Sahil Bloom, creator and former private equity investor, reflects on the core investing lessons learned during his eight-year tenure in private equity.
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“From an investing standpoint, I would say one of the biggest realizations I had was that it is very, very difficult to fight a bad market. And what I mean by that is you can invest in the best business in a shitty declining market. And really have a tough time. And you can invest in an okay business in a great growing market and do much better with that, especially with the private equity model of like levering up cash flows.”
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