Seeking Risk: The Fab Rick Show cover image

Embracing Technology, Addressing Risk

Seeking Risk: The Fab Rick Show

00:00

The Tyranny of the Net Return

Rick Steves: If I were running a big hedge fund, you would think that there'd be a sense of, I'd better not be too showy in my wealth. He says the difference between gross and net returns was 5%, 5% at CalPERS. And this is actually something that a lot of private equity firms were really trying aggressively to prevent it from happening., he says.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app