Comments on Fund My Mutual Fund: Cramer Goes off on Private Equity

Yep! 15% tax rates - they deserve it! :)

2007-11-19T11:16:00.000-05:00

Yep! 15% tax rates - they deserve it! :)

Don't forget, you're a socialist if you want them ...

2007-11-19T10:54:00.000-05:00

Don't forget, you're a socialist if you want them - private equity et al - to pay a tax rate like everybody else.

The real suckers are the US taxpayer.

thanks rvb,Yes I am sure "some portion" of PE "out...

2007-11-18T20:09:00.000-05:00

thanks rvb,
Yes I am sure "some portion" of PE "output" is positive, but I don't think too much. I actually have looked at CE in the past as an investment when I was researching Lyondell last spring. Looks like a solid company that is sort of a back way into global growth story. Agree on J Crew too. As for 'getting it', probably just from years of experience in the markets along with a lot of interest and reading on the 'macro' 40K point of view so when you see things happening at that level its an interesting panorama.

I think you're dead right on BX. These guys are r...

2007-11-16T18:57:00.000-05:00

I think you're dead right on BX. These guys are ripping people off. I wouldn't touch this thing with a 10 foot pole.

But, sometimes good stocks DO come back out of private equity firms. J Crew did alright. Celanese (CE) has performed quite admirably. So, they aren't always junk, you just have to be careful.

BTW - enjoy reading your blog...you seem to "get it" (coming from someone in the biz)