
Cliff Asness: The Cliff Factor
The Phil Bak Podcast
Navigating the Private Equity Landscape
This chapter explores the complexities of private equity, focusing on the illiquidity premium and its evolving perception among investors. It examines the interplay of volatility and risk, discussing concepts like 'volatility laundering' and its misleading effects on investment decisions. Through personal anecdotes, the chapter highlights the importance of honest communication in the investment industry and the dynamics between public and private markets.
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.