Will Thorndike - How Skilled Capital Allocators Compound Capital - [Invest Like the Best, EP.36]
Invest Like the Best with Patrick O'Shaughnessy
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The Most Memorable Day of Your Career
I think about just the US market, broadly speaking, that it has done so incredibly well relative to international indexes. I don't know if that's as true in the private side, but certainly in the public markets, S&P has trounced everything. It's amazing how expensive things have gotten and that if you're anti-performance chasing, you're actually inherently anti maybe a Vanguard S&P 500 fund. The early days at who's satanic similarly, we were sort of finding a niche that was differentiated in private equity along several dimensions.
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