“I’ve listened to a dozen episodes or and just finished the latest on private equity and index funds. I found myself repeatedly frustrated by the lack of both knowledge of and perspective on private markets. I am a full time private markets investor- but not one of the “big guys”. There is so much nuance that was missing here and the arguments from the guest, Luigi and Bethany were simplistic and belied a lack of understanding of how private market investing works in practice. The show could use a third host who has practical experience in the business world - experience that would complement the journalistic and academic experience of the other two hosts. Some of the issues raised on the episode are real- but the simplistic call for more disclosure (and thus more regulation) would not solve the problem and arguably hurt our economy. There are better, market-driven solutions available.
One more thing: it is not the “Stee-gler” Center. I studied under Prof Stigler in the 80s. He pronounced his name “Stih-gler””
91Dawgs! via Apple Podcasts ·
United States of America ·
03/13/24