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12.30.24 BEST OF: The Magic Number For Retirement / Investing: A Cautionary Tale

The Clark Howard Podcast

CHAPTER

The Risks of Private Investments: A Cautionary Tale

This chapter contrasts private placements with publicly traded investments, focusing on the risks and high return allure of private funds. It highlights the potential for scams, such as the Cheetah Fund and Bernie Madoff's scheme, while warning listeners about transparency issues and high fees in private equity investments.

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