The tweet was deleted by the author.
But we saved everything 🙂.
Adam Butler challenges comparisons between current private equity strategies and those used by Warren Buffett. He explains that while Buffett effectively used insurance portfolio floats as a smart approach, current private equity firms are purchasing insurance vehicles specifically to fill their floats with investments that are technically compliant rather than following Buffett’s broader strategy.
View post on X Loading...
Butler has recently analyzed how looser securities regulations may signal fundraising challenges for issuers. In a separate note, he explained that Modern Monetary Theory uses taxes and investment to address inflation. These comments provide context for his views on current private equity and insurance investment approaches.