Asset allocation specialists are the new snake oil salesmen
Asset allocation specialists are the new snake oil salesmen – https://on.ft.com/2K9qT2q via @FT
Beware the private equity echo chamber
This article raises 3 key issues related to private equity – 1) when there is a failed IPO do the PEs mark down the private valuation on the assumption that failed IPO implies that private value is too high?, 2) what is the process to ensure private sales and/or swaps are properly valued and arm’s …
Private equity returns are not all they seem
Private equity returns are not all they seem – https://on.ft.com/2MbmtJN via @FT
Endowments Shift from Hedge Funds to Private Equity – The Big Picture
On the false promise of private equity. https://ritholtz.com/2019/10/endowments-shift-from-hedge-funds-to-private-equity/
84% of care home beds in England owned by private firms
84% of care home beds in England owned by private firms https://www.theguardian.com/society/2019/sep/19/84-of-care-home-beds-in-england-owned-by-private-firms?CMP=Share_AndroidApp_WordPress
This explosive discovery about stock and bond returns will shake your views on investing – MarketWatch
https://www.marketwatch.com/story/this-explosive-discovery-about-stock-and-bond-returns-will-shake-your-views-on-investing-2019-09-27
Goldman Sachs Tries Banking for the Masses. It’s Been a Struggle. – The Wall Street Journal.
Goldman Sachs Tries Banking for the Masses. It’s Been a Struggle. https://www.wsj.com/articles/goldman-sachs-tries-banking-for-the-masses-its-been-a-struggle-11569643252
Chasing wealth managers is a risky business
Chasing wealth managers is a risky business – https://on.ft.com/2nXUQdu via @FT
Is multi-asset a mug’s game? | Portfolio Adviser
https://portfolio-adviser.com/is-multi-asset-a-mugs-game/
Index Fund Investment Strategy: Michael Burry Warns of Bubble – Bloomberg
https://www.bloomberg.com/news/articles/2019-09-04/michael-burry-explains-why-index-funds-are-like-subprime-cdos