The investment chief at a $70 billion private-equity behemoth explains how the rise of Amazon and Uber forced him to make a 'scary' change to his strategy

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Jonathan Coslet, CIO of TPG Capital, explains how he changed his investing approach in response to the rise of Amazon and Uber.

Jonathan Coslet, chief investment officer of the $70 billion private-equity behemoth TPG Capital, has been at the firm since its founding in 1993.

It's a quandary that's faced many a successful investor as they try to stretch their outperformance across multiple decades. ."As good of investors as we may all be, there has never been a time when interest rates have gone from 12% to 2%.": "When we're in an environment like we're in today — where everyone is complacent, and everyone thinks the 10-year cycle will become a 15- to 20-year cycle — I'm trying to think about where I'm going to see inflections," he said."Today, the inflections are mostly driven by disruption, technology, demographic and social changes, and science and medical changes.

He continued:"But we have an example in Amazon, and we have an example, perhaps, in Uber. It will be a $100 billion company willing to lose more money than anyone else. That's really scary. We would've never done that 27 years ago."

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Opinion | Caution, Uber and Lyft, wrecking taxis may turn out to be a multi-company pileupBad enough when taxi medallions were a scarce and valuable commodity; ruinous now that ride-sharing services have cut into their profits. Ask Michael Cohen....... Filing this under N, for No Shit Sherlock. Lyft is more reliable than taxi's. I live outside the city core . Taxi drivers often dump their commitment to me for a fare closer by. So many times I've had to all dispatch a few times. Lyft always shows up. I bet I'm not the only one who never calls taxi any longer
Källa: washingtonpost - 🏆 95. / 72 Läs mer »

Uber to make its earnings debut, joining a passel of pot companies and retailers reporting quarterly resultsThis was expected to be a slow week for corporate earnings after a long holiday weekend. Then Uber decided to shake things up. Don’t understand how this company loses so much cash. $uber takes a large cut of revenue. The software is developed. Yes they need a team to maintain it and develop new features but the revenue can’t cover that
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Uber is a 'once in a generation company' but the stock is going nowhere, Susquehanna saysSusquehanna has a neutral rating on the stock and a price target of $42 per share. It was an opportunistic business that didn't try to solve a problem so much as it exploited a deficit. All businesses that do this will end in flames. Basic economic principles predicted this fate and I am dumbfounded why so much money was put into it. Stupid!!! Hey just like this generation!! Here's the simplest guide you'll ever read on how to buy stocks
Källa: CNBC - 🏆 12. / 72 Läs mer »