How High Are Private Equity Returns?

FlexiSpot’s Fall Sale is here, up to 50% OFF! Don’t miss your last chance to save big this season! Use my exclusive code "YTE7P50” to get an extra $50 off on E7 pro, E7 plus, and E7L. FlexiSpot also have ""100% Free Orders"" on Sep 29th, 9:00 PM PST!!! FlexiSpot E7L Standing Desk:https://bit.ly/3Zvw58p (US)https://bit.ly/3BeQa8S (CA)In a recent CNBC interview Tony Robbins extolled the virtues of investing in private equity, arguing that private equity provided high returns – with low risk. Is he right? Should everyone invest in Private Equity?Here is a link to the full CNBC video: https://www.youtube.com/watch?v=DWZ67Cx1zm8Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvC Ways To Support The ChannelPatreon: https://www.patreon.com/PatrickBoyleOnFinanceBuy Me a Coffee: https://www.buymeacoffee.com/patrickboyleFurther Reading:An Inconvenient Fact: Private Equity Returns & The Billionaire Factory: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3623820A Bottom-Up Approach to the Risk-Adjusted Performance of the Buyout Fund Market: https://www.tandfonline.com/doi/pdf/10.2469/faj.v72.n4.1#:Cliff Asness – Volatility Laundering: https://www.institutionalinvestor.com/article/2bstqfcskz9o72ospzlds/opinion/why-does-private-equity-get-to-play-make-believe-with-pricesMark Anson Paper: https://www.jstor.org/stable/43503783Aswath Damodaran Slides: https://pages.stern.nyu.edu/~adamodar/pdfiles/eqnotes/privateequity.pdfMSCI Leverage in Private Equity: https://www.msci.com/www/blog-posts/leverage-in-private-equity-what/04942552461#:~:text=Leverage%20can%20be%20a%20key,improvements%20rather%20than%20financial%20engineering.Visit our website: https://www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ [email protected] Boyle On Finance Podcast:Spotify: https://open.spotify.com/show/7uhrWlDvxzy9hLoW0EYf0bApple: https://podcasts.apple.com/us/podcast/patrick-boyle-on-finance/id1547740313Google Podcasts: https://tinyurl.com/62862nveJoin this channel to support making this content:https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join*For the FlexiSpot free orders promotion. Customers need to pay upfront for the products - and the first 10 orders after 9PM PST on September 29th will receive a reimbursement of up to $1000 (sorted by order time). If the customer spends more than $1000, the portion of the order amount exceeding $1000 will be excluded from the free order refund. Learn more about your ad choices. Visit megaphone.fm/adchoices