2min snip

The Security Analysis Podcast cover image

Geoff Saab: Low Risk Investing

The Security Analysis Podcast

NOTE

The Pros and Cons of Private Equity Investments

Clicking a button and waiting for a company is way better than getting stuck in management disputes and tax issues. Valuations for private equity were cheap in the 80s, but now returns may be less. Good managers can still find opportunities, but bidding against other investors drives up prices. Instead of private equity, buying a slightly levered position in the S&P 500 offers similar returns.

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