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Question: Is it true that you can become extremely wealthy if you run a successful private equity firm?

(Posted by: nygiantsfan on 2009-10-06 22:16:46)

I'm thinking about going into this business and heard people usually become millionaires in it.

Posted by: Wavin Flag on 2009-10-06, 22:19:46

Ofcourse maybe. BTW: if you do something for the money your success rate goes down, Do something because yo love it. It be like becoming a doctor for the money, youll be shit at it.

Posted by: BuffettCapitalists.com on 2009-10-06, 23:04:56

This is true. Remember to invest in companies that you can get significant cash flow from.

Posted by: LouiKung on 2009-10-06, 23:07:52

Are you intending to cheat the investors' monies by applying the notoriously known Ponize-Scheme? All those hedge funds manager and equity fund managers were many times accused for doing nothing but took the investors monies and ran. search.yahoo.com/ search;_ylt= A0oGk9RQLcxKjIYAXAtXNyoA?p= Ponize+ scheme &fr2= sb-top &sao= 1 How about those evil bankers? Do you want to become one of them? search.yahoo.com/ search?p= The%20crime%20of%20Gramm-Bliley%20act%20in%20relation%20to%20the%20US%20deregulation%20for%20compensation%20structure%20in%20the%20US%20financial%20industry I think you better think about to get an U degree instead of the crime of how to get rich quick by committing a crime.