This is trend following radio where great thinking comes alive.

Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.

I am your host, Michael Covel, not filtered, raw, honest.

That's my passion.

My guest today is a former partner at Apollo, one of the world's largest alternative investment

companies, founded by Leon Black, a quite famous name in the world of finance.

If you're not familiar with his story, go check it out. It traces back to Mike Milken,

another man that if you're not familiar with,

you should check out. My guest today, Sasha and Kajuria, uses his unique experience to share

with us how private equity works. I mean, you hear this phrase, 2 and 20, but do you really

know what's going on? I always enjoy these conversations

to get behind the scenes with somebody who has lived it and breathed it and Sashen has without any

further delay. Let's jump right into my conversation and get behind the scenes and have that

better understanding of that mysterious yet very profitable world of private equity.

I hope you enjoy this conversation.

Let's jump right into some basics.

Going through your world, I had to kind of rejog my memory, and you're going to

correct me where I'm wrong.

But I started going through your world, and I was like, oh, wow, this was the kind of stuff

before.

And when I was thinking about Wall Street back in the day, early

90s, I was reading Barbarians at the gate, Predators Ball, Merchants of Debt, a lot of the

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