The Myth of Private Equity
An Inside Look at Wall Street’s Transformative Investments

Jeffrey Hooke has previously written two books: M&A: A Practical Guide to Doing the Deal and Security Analysis and Business Valuation on Wall Street. I was surprised to see his latest book, titled The Myth of Private Equity. One of these things is not like the other. When it comes to the machination......more

The book provides an insight into the world of private equity (PE), exposing its self-serving interests and high fees (even when it is not performing). It is written in a bit more advanced language. For me it is lacking a bit of numbers, backed by research, for its claims. Also I wish it provided le......more

Private Equity, the world of investments, startups and its subsequent impact on the world is not hidden. While one tends to agree with its appeal, caution and due diligence in many cases seem to be taking a back seat. The Myth of Private Equity: An Inside Look at Wall Street’s Transformative Investme......more

I enjoyed the book. While not unexpected, I was still surprised how poor PE returns are and how high the fees are. There's no reason, except for cronyism, for institutional investors to use private equity in their portfolios. What I was also hoping to see from this book was a study of the damage PE......more

An insight into the world of private equity that is at best self serving, opaque and less prone to oversight or investigation considering their heft & reach. The book shares objective queries as to why investors should loose their hard-earned money in management fees, etc. when stock market listed i......more