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Jeff Hooke, Johns Hopkins - The Buyout Business…Has Not Outperformed The Public Stock Markets For The Last 10 or 15 Years | #361

The Meb Faber Show - Better Investing

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How Does the Academic Literature Continue?

The odd part to me is that the careers and the incentives of the lps that are making these allocations, usually ten years, like, if they make a bad decision. And so what happens to these orphan companies? If a b firm buys a company and they can't sell it, does it eventually? What do the ps do? They're just stuck stranded?""There's going to be a buyer for almost anything at a price," he says. "They're waiting to get sold."

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