227: What is Private Equity?
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 10 February 2017
⏱️ 22 minutes
🧾️ Download transcript
Summary
Learn what private equity is and the 2 types of private equity.
Interview with Doug McCormick from HCI Equity Partners.
What is an accredited investor?
What are the 2 types of private equity?
Why invest in private equity?
What famous endowment invests in private equity?
Why should every investor learn about private equity?
For more information, go to my website at www.lindapjones.com
Transcript
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| 0:00.0 | Be wealthy and smart, episode number 227. |
| 0:03.3 | I'm gonna live no rich life. |
| 0:07.3 | A rich life. |
| 0:08.3 | All the best life. |
| 0:09.5 | Yes, life. |
| 0:11.3 | So if y'all know what I mean, put your hands up and declare with me |
| 0:14.2 | Yeah, I'm full of pain |
| 0:16.6 | ech, I'm gonna live a good life |
| 0:21.0 | and a good life Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on, be wealthy and smart. And now here's your host |
| 0:36.1 | Linda P Jones. Welcome to be wealthy and smart. I'm Linda |
| 0:40.5 | P Jones America's wealth mentor. Empowering Women and Men Worldwide to Financial Freedom. |
| 0:47.0 | On today's show, I interview Doug McCormick, who was recently on another show. |
| 0:52.2 | And what's so interesting about Doug is he who was recently on another show. |
| 0:52.7 | And what's so interesting about Doug is he's written a book called Family Inc. |
| 0:57.2 | which is about being a CFO for your family, which is in the previous podcast, |
| 1:02.3 | but he also works in private equity and private equity is something |
| 1:06.4 | that isn't talked about a whole lot. |
| 1:09.2 | In fact, I didn't really run across it a lot in my career other than in the institutional marketplace. |
| 1:16.8 | So we're going to talk about it because it's important for you to know that it exists out |
| 1:20.9 | there. |
| 1:21.9 | It's a way that people make money. It's a way that endowments and |
| 1:25.5 | institutions pension funds make a lot of money. It's kind of like Shark Tank |
... |
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