Warren Buffett: Why Private Equity Is Bad For Investors

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Warren Buffett is known for his very negative views on private equity investors, and in this video, he explores in further detail his thoughts on private equity, with the help of his partner Charlie Munger.
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We need to learn more about how Private Equity AND Hedge Funds are adversely affecting the general population and the economy of non-investors too.
The price gouging, the sky-high rents, the tax breaks...etc. etc.
I'm not finding much information on this.

michaellombard
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It’s their office called Blackstone square or something? Ironic

sirus
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He talks about private equity being dishonest, then tells the audience that he and Charlie own what they buy "forever" which is not true. They vacate positions all the time.

JoeDoe
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You know Private Equity is fucked because they set their own value for what they are worth lol... Definitely no inherent bias in that system right?

JohnSmith-rrjt
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Berkshire is a private equity fund that became public.

Gabriel.o