The Limited Owner Almost Doubles Investment

[jgmiller]

14. This is what most PE firms do these days

They come in purchase an asset maximize the profits at the expense of the business and then sell it to another PE firm or shut it down once they've gotten everything out of it they can. From a pure profit standpoint I can't really say I blame them, it's what they do. Unfortunately this is the modern business world, very few large companies care about running a good business these days. There is no long term thinking in what they do.