Private Equity A Memoir Book Preview

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  • Опубликовано: 7 сен 2024
  • Description:
    Hello everyone! Today I am teaming up with Del Rey to bring you a book preview of Private Equity: A Memoir by Carrie Sun which comes out on February 13, 2024.
    My Thoughts:
    Book: Private Equity: A Memoir
    Author: Carrie Sun
    Rating: 4 Out of 5 Stars
    I would like to thank the publisher, Penguin Press, for sending me an ARC.
    In this one, we follow Carrie, who is the daughter of Chinese immigrants. She has just graduated from MIT and is making her way through the world of finance. She has a great job, a great boyfriend, and an amazing life. Yet, she is not happy and wants more. She ends her engagement, drops out of her MBA program, and starts a new job. It’s time for a change. The change turns out to be a good thing for her. She finds herself working at Carbon, a hedge fund. It turns out to be the right environment for her. Her boss is great, has high expectations, and the pace is what she wants. The new environment challenges her in ways that she wants. Her life becomes all about her job and she loves it.
    This book does deal a lot with wealth and privilege. We get to see just how much the rich waste and at what cost they will go to make sure that they stay in power. We see thousands of dollars thrown away, expensive gifts given, and everything is flaunted. The more you have to spend on someone, the better you are. I feel like this is where the book missed the mark. Carrie is the daughter of Chinese immigrants, who have given up a lot. At the end of the book, she goes into the struggles that they faced when they first moved to the United States. She sees how much Boone wastes and references it, but doesn’t go into depth on it. This could have been a great talking point for the book. she could have examined cooperate waste and greed, looked at how people are starving, and talked about how people are losing money, and suffering.
    This is one of those books that does make you think. Carrie’s life revolves around work and it is expected. She is expected to drop everything for her boss, keep up with the demands, and give up her own time all for the sake of the company. She is on call even on her days off. Even if you do not work in finance, this is something that many people can relate to. COVID-19 has changed the workplace, whether we want to admit it or not. While some changes have been good, others have not. For example, I work in education. We are expected to do the same thing that Carrie does. We cannot get help and any help we get is many times, not always, underqualified to perform their job. Therefore, we are stuck picking up the slack. Now, Carrie’s bosses are not underqualified. They do not realize how much work they are putting on someone. If they do, they shower them with gifts and false promises to make up for it. (Again, this goes on in other fields.) She thinks that her boss cares for her and he probably does. Yet, he keeps wearing her out, even when she asks for help. He also seems shocked that she is burned out, can’t do it all, and wants out. He then tells her that it’s just pretty much the way things are and it will get better.
    Not only that but she is trapped. There is no way for her and her fellow workers to better themselves. They are working themselves to death, but there are no gains. They have no hopes and no chance of moving up through the ranks. That is all held in the hands of a small group of people, who are greatly benefitting from them. They are sucking the lives out of their workers and they don’t care. Yet, if the workers make a mistake because they are too tired and doing the job of three people, it’s the worker's fault. When your workforce is spread too thin, mistakes happen and they can be costly. Showering people with gifts is not enough. People can only do so much.
    Overall, I did enjoy this title and I am glad that I got to read it.
    This book comes out on February 13, 2024.
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