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Phil's avatar

You're apparently not familiar with the Austrian Business Cycle Theory. It is a full fledged (verbal) economical theory that explains exactly the phenomenon you are describing. It was developed by Ludwig von Mises, and the Mises Institute has excellent videos on YouTube.

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Jesse's avatar

KKR may be biased as they are a huge private equity company. It seems quite coincidental that private equity has the highest return on their chart... Their cost of equity must be really high since they are using a lot of debt. https://assetbrief.com/resources/wacc-calculator-9xr5y8r

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