Public Investors vs. Private Investors -- Who is Smarter?
Private Equity Funcast
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The Importance of Conviction in Valuation
Ryan: Who's really arguing for real valuation? I'm saying that pricing and investment is a vote. And in the public markets, there are five votes a millisecond. So I think the public markets actually get it right. Look at Facebook. The private guys were right. It was worth a lot. In fact, it was worth more than they even thought it was.
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