I’ll generally defend PE. But when it comes to healthcare, private ownership and leverage are just a bad mix.

People created limited liability and private equity. Fiction is not something you get rid off. Its something you live with. It is a permanent side effect of how the over rated Humam Brain works. The brain makes predictions over multiple time horizons. When there are contradictions between these predictions how is the 3 inch chimp brain supposed to handle it while not splitting? Make up a story for the sake of coherence. Everyone is doing it everyday. They are all making up fictions to handle unpredictability.

The intentions may be good but that's unlikely to happen in our lifetime.

What might be a more feasible solution?