As we’ve now officially closed ’22, I get the luxury of reflecting on the year and sharing my thoughts for ’23. Now, it should be noted that these are my thoughts and they are through a very narrow lens. Our firm doesn’t invest in consumer-facing companies, technology, oil and gas and a whole host of other industries. We like to view ourselves as the meat and potato investors of private equity – specialty manufacturing, business services and value-added distribution. As a result, we don’t care what happens at Meta or Facebook since it’s not the world we invest in. But, in fairness, my views are not broad enough to capture the economy as a whole – so please take them as such.