Private Equity Investors Should Prepare To Be Disappointed
Double-digit returns for PE are highly unlikely the next five to ten years while massive return dispersion means many LPs will see outright losses. Institutional
February 1, 2022
Featured Posts
China’s Economy: Still Unbalanced After All These Years – And Now Close To Recession
I don’t usually pay much attention to quarterly GDP releases but China’s Q3 report is interesting for two reasons. One, it’s completely consistent with an
October 19, 2021
Trump’s Pre-Covid Economic Miracle is a Myth
The Wall Street Journal Editorial Board’s Portrayal of Trump’s Economic Track Record before Covid-19 is Fake News All the opinion polls show the same thing:
October 13, 2020
Recent Posts
Institutional Investing
CALPERS Shows Fatal Flaw in Endowment Model
CALPERS Has Underperformed a 60/40 Index Fund by 50bps per annum – For the Last 40 Years Think about that. Nearly forty years of returns
November 21, 2023
Institutional Investing
My LinkedIn Posts – First Half November 2023
Headline/Summary: (In order of oldest to most recent) ELON IN LUDICROUS MODE ON TESLA’S Q3 CALL The Common Sense Sceptic rebuts Musk’s ridiculous and increasingly
November 16, 2023
China
You Can’t Understand the China Property Bust Without Knowing that the Official Data Is False
After rising strongly for many years, China’s residential property was among the most expensive in the world. After many years of rapid growth in new development,
November 16, 2023
WHAT I BLOG ABOUT
Blog Topics
Want to receive new posts?
Subscribe below to receive my new posts via email when they are posted.