Christopher Zook reveals why owning a stake in private equity firms is one of the most profitable business models in finance, with 60% operating margins and contractually locked-in fees. He also breaks down what it takes to start a successful PE firm, why he values persistency over track record, and the three red flags that make him walk away from any deal, including the rule that helped him avoid Madoff.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. He currently resides in Ft. Lauderdale, Florida.
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