"Don't Even Bring Me the Deal" - The Red Flags That KILL an Investment

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.