P: I think we as a society are massively misallocating resources in overpaying the top people. As comp goes up, i do think performance goes up. My favorite aspect of private equity which ties into why i'm optimistic about the asset class is the governint structure. Private equity is all about allining incentives and driving change. That's what the industry was founded on. And if we could put that to work on some key societle problems, which, by the way, will also deliver better returns, that would be my most optimistic about.

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