Going one Better

Jon Moulton of Better Capital is one of the best-known figures in the world of private equity, and he doesn’t pull his punches on any subject, including the bailout for Ireland

27th November, 2010

When veteran investor Jon Moulton was asked earlier this year to list his three strongest character traits, he replied ‘‘determination, curiosity and insensitivity’’.

It’s no surprise then that the insensitive Moulton describes the proposed Irish bailout ‘‘like treating heroin addiction with heroin’’, says he expects at least a partial break-up of the euro and suggests there maybe an investment opportunity in ‘‘warehousing dried rice’’ for the worst case scenario....

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