Buffett's Private Equity Shot Amplified by Moody's Critique

The transcript discusses concerns raised by Moody's and Warren Buffett about private equity firms, particularly regarding weak investor protections in bonds. Moody's report highlights unprecedented leverage and flexibility in incurring debt without investor consent. The market backdrop shows high demand for high-yield bonds, leading to erosion of protections. Significant cash inflow into private equity is noted, with record amounts over recent years.

What impact does the current demand for high yield bonds have on investor protections?

How much cash flowed into the private equity sector in 2017 compared to the following years?