The Seven Deadly Sins of Private Equity

Devin and Jim discuss the seven deadly sins of private equity -- sins that will turn a good deal into a bad deal.

-- Pride: Don't admit what you don't know. -- Envy: Make a bad acquisition. -- Lust: Overpaying for a deal. -- Greed: Trying to do too much, too fast. -- Wrath: Market turns on you. -- Gluttony: Taking on too much debt. -- Sloth: Failing to move fast enough on management problems.