When limited partners with specialized investment funds take an interest in target companies, they get a say in the management of these companies.
Just released in 2023, the book Plunder: Private Equity’s Plan to Pillage by Brendan Ballou dives into this world of private investors.
From Amazon: In Plunder, Brendan Ballou explains how private equity has reshaped American business by raising prices, reducing quality, cutting jobs, and shifting resources from productive to unproductive parts of the economy. Ballou vividly illustrates how many private equity firms buy up retailers, medical practices, prison services, nursing-home chains, and mobile-home parks, among other businesses, using little of their own money to do it and avoiding debt and liability for their actions.
So how do we fight back against private equity and put money back into our own pockets? You vote with your dollar! Spend money with small companies you feel good about supporting, rather than large corporations. Then teach your children to do the same.
If you have school-aged children at home, we’ve created an entire course on E.S.G. This course teaches how large investment companies use Environmental Social Governance to push their agendas because, let’s face it, money talks! This unique course and many others are available to all members of our private online community.
Brett Pike is the Author of the Cubs to Bears book series.
He is also the creator of Classical Learner’s Homeschools Connected community & curriculum – bringing together thousands of like minded people and providing them the resources to give their kids an education worthy of freedom. You can learn more about Homeschools Connected here.