💸 The Hidden Cost of Private Equity

Send us Fan Mail Please see the corresponding Substack episode. You probably don't know who owns your local hospital. You might not realize that the newspaper you grew up reading is now controlled by a firm that views journalism as a spreadsheet optimization problem. And when your rent suddenly jumps 30% or your neighborhood grocery store closes without warning, you probably blame "the economy" or "market forces"—abstract concepts that feel as inevitable as weather. But there's nothing inevit...