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Antti Ilmanen on Expected Returns

Masters in Business

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Market Disparities and Investment Strategies

This chapter explores performance disparities in illiquid markets, emphasizing the consistent underperformance of the bottom third compared to top performers. It discusses historical private equity performance, the implications of ESG investing, and the balancing act investors face between ethical goals and financial returns. Additionally, the chapter features light-hearted moments sharing favorite shows and the influential mentors shaping the speakers' careers.

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