Those who invest now—before a recession—could reap the benefits of huge profits after the recession, if they can brave the storm. Historically, the highest internal returns on investment for private equity (PE) come a few years following a recession: up to 47% three years after the dot-com bubble burst in 2000! But PE investors must invest wisely. Recessions are rough, even for PE firms. Would-be investors should invest in companies that are thoroughly prepared, such as those that can pass on their rising costs to their customers. Read full article here
Societal Issues
To curb drug deaths, communities turn to Reddit, texts and wastewater
With drug overdose deaths on the rise, authorities are attempting to curb the epidemic by tracking and sharing information in real time. In one unique effort, a nonprofit in New York City is using drug-testing equipment and stamping or marking habits of dealers to identify drug batches that may endanger users. Other approaches are also being used, such as monitoring drug-related chatter on Reddit and analyzing local wastewater for opioid and other drug levels. With the combination of these efforts, researchers hope to put a dent in the opioid crisis and reduce overdose deaths. Read full article here
Merv
June 1, 2023
