The title of this piece comes from a recent Josh Brown article titled, Delusions and Entitlement (he deserves full credit for this quip). In his post, Josh said the following: “There’s this idea floating around out in the ether that, for some reason, public equity markets are expensive but private market valuations will serve as an … More Stop It
Private Equity vs. Index Funds This past week, I posted a blog about how the presentation of private equity returns can sometimes be quite misleading. I will admit that the title was a little click baitish (Fake News), but the post was meant to draw attention to a practice that is worrying to many: The … More Betting Like Buffett
Are some investors placing votes in favor of private equity based on fake news? According to a recent McKinsey & Company Global Private Equity Review, in 2017 private investment managers raised a record sum of nearly $750 billion globally. A few factors are driving this, but one is the strong belief that private investments have … More Fake News?