Jeffrey C. Hooke, "The Myth of Private Equity: An Inside Look at Wall Street's Transformative Investments" (Columbia Business School, 2021)
New Books in Economics
00:00
How to Get Higher Returns With Private Equity Investments
Wells: Big institutions keen on higher returns and lower volatility. Why can't they figure out that the fees are high and the returns are low? He says if you're running a big state pension fund or university endowment, you probably have a big staff of people in that you tell what to do. Wells: The idea to get that high compensation is you'd tryng to make your job look complicated. Andi the situation has been allowed to fester.
Transcript
Play full episode
