It's one of the most important things at the end of the day, being able to say no to an investment.

It's one of the most important things at the end of the day, being able to say no to an investment.

In the large buy out space, which is where we (Kohlberg Kravis Roberts) focus our efforts, there are relatively few firms with the capital, experience, infrastructure and networks to compete effectively with the large complex companies that we seek to acquire.

A real entrepreneur is somebody who has no safety net underneath them.

Our industry expertise (at KKR) enables the firm not only to make better investment choices but also to win the confidence of senior management and sellers, which has enabled us to purchase many companies on an exclusive basis.

I love the ability to work with very good managers, and to provide the right incentives for them, and truly become a partner with that management, and make that management take a long view.

Whales who come up and spout off get harpooned.