The Meb Faber Show - Better Investing cover image

Michael Mauboussin, Counterpoint Global – Everything Is a DCF Model (The Best Investment Writing Volume 6)

The Meb Faber Show - Better Investing

CHAPTER

The Value of Money

Private equity investments are generally riskier than those in public markets. Price discovery is weak in private markets because the optimists can buy, but the pessimists can't sell. Risk for venture capital comes from investing in new or young businesses that have yet to demonstrate their long term viability. From 19 85 to two thousand 19 nearly 25 % of public companies lost money over five years. But the losses were, on average, less severe than those in private equity.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner