private equity firms

“The private equity firms today actually do have a longer horizon than the ones did in the eighties, the seventies and eighties. And they're willing to stick with the business longer.”

“Most private equity firms now are targeting what they'd like is two to three years. So from the time we buy something till the time we sell it is two or three years. Again, maybe four or five. If you get past five, it's really distressed at that point.”

“You see a lot of these middle market private equity firms do that. They roll up these small companies. They're doing five, 10, twenty million dollars EBITDA each, and they bat, they just buy a bunch of them, and now they're up to a hundred million or two hundr…”

“For example, in the 19 eighties, there were, you know, 20, 25 private equity firms In 2020, we got close to 20,000 in the U.S.”

“If you see that my name as a key investor and a leader in this industry is making an investment in this company, well, then what does everybody else do? Warren Buffett tells you he's buying something. What does everybody do? They go buy it. Well, if NVIDIA is …”