Comments on: It’s all about investing in the best management team… isn’t it? http://www.theprivateequiteer.com/its-all-about-investing-in-the-best-management-team-isnt-it/ A vignette into the aberrant thoughts of a private equiteer Sat, 28 Aug 2010 13:18:38 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: TonyM @ leavingfinance.com http://www.theprivateequiteer.com/its-all-about-investing-in-the-best-management-team-isnt-it/comment-page-1/#comment-7088 TonyM @ leavingfinance.com Mon, 11 Jan 2010 06:47:53 +0000 http://www.theprivateequiteer.com/?p=2051#comment-7088 Thanks - interesting post. As the Oracle of Omaha says: <br>"When a management with a reputation for brilliance tackles a business with a poor reputation for fundamental economics, it is the reputation of the <br>business that stays intact." Thanks – interesting post. As the Oracle of Omaha says:
“When a management with a reputation for brilliance tackles a business with a poor reputation for fundamental economics, it is the reputation of the
business that stays intact.”

]]> By: The Private Equiteer http://www.theprivateequiteer.com/its-all-about-investing-in-the-best-management-team-isnt-it/comment-page-1/#comment-3643 The Private Equiteer Thu, 23 Jul 2009 23:41:21 +0000 http://www.theprivateequiteer.com/?p=2051#comment-3643 @Tony - the Oracle is possibly the ultimate equiteer and potentially one of a few whose strategy really is investing in the best management. Of course he now has the luxury of being revered by even the greatest managers. Interesting blog by the way; have added it to my reader and sent to a bankers. @T.E.D - great points. And great blog too; not sure how I haven't come across it until now. @Tony – the Oracle is possibly the ultimate equiteer and potentially one of a few whose strategy really is investing in the best management. Of course he now has the luxury of being revered by even the greatest managers. Interesting blog by the way; have added it to my reader and sent to a bankers.

@T.E.D – great points. And great blog too; not sure how I haven’t come across it until now.

]]> By: The Epicurean Dealmaker http://www.theprivateequiteer.com/its-all-about-investing-in-the-best-management-team-isnt-it/comment-page-1/#comment-3640 The Epicurean Dealmaker Thu, 23 Jul 2009 22:21:00 +0000 http://www.theprivateequiteer.com/?p=2051#comment-3640 I tend to think there is a substantial portion of what the British like to call "oil" (or flattery) in the mix, too. After all, as you point out, sponsors have to buy existing companies which normally have existing management. Usually it is easier get existing management's cooperation in closing a transaction when they have bought the bullshit that you only partner with top-notch managers, among which, by implication, you appear to number them. Only after they work for you do you have to determine whether they really measure up. I tend to think there is a substantial portion of what the British like to call “oil” (or flattery) in the mix, too. After all, as you point out, sponsors have to buy existing companies which normally have existing management. Usually it is easier get existing management’s cooperation in closing a transaction when they have bought the bullshit that you only partner with top-notch managers, among which, by implication, you appear to number them. Only after they work for you do you have to determine whether they really measure up.

]]> By: TonyM @ leavingfinance.com http://www.theprivateequiteer.com/its-all-about-investing-in-the-best-management-team-isnt-it/comment-page-1/#comment-3636 TonyM @ leavingfinance.com Thu, 23 Jul 2009 14:25:24 +0000 http://www.theprivateequiteer.com/?p=2051#comment-3636 Thanks - interesting post. As the Oracle of Omaha says: "When a management with a reputation for brilliance tackles a business with a poor reputation for fundamental economics, it is the reputation of the business that stays intact." Thanks – interesting post. As the Oracle of Omaha says:
“When a management with a reputation for brilliance tackles a business with a poor reputation for fundamental economics, it is the reputation of the
business that stays intact.”

]]>