Is private equity the next market crisis? How we got here and what's next

Did you ever wonder what made you pass on what turned out to be a sure thing? What made you thumb your nose at something that now seems obvious to have had real value when you dissed it? Was it all that difficult to see the opportunity? Or did you remember what happened in 2007, when bad debt overwhelmed decent equity and the center almost failed to hold and you prudently decided it was too dangerous to invest? Or you got slaughtered like so many others. It depends. Let's examine the most salient stressor w ...