Is Private Equity the Holy Grail of Investing?

On What’d You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley spoke with Daniel Rasmussen, Founder and Portfolio Manager at Verdad Advisers, who has a piece out in American Affairs Magazine titled "Private Equity: Overvalued and Overrated?" about whether private equity really is the holy grail of investing. They also spoke with Larry Haverty, Gabelli Multimedia Trust Associate Portfolio Manager about the ongoing media M&A war for Sky and who the three dark horses are in the race. Then Bill Lee, Milken Institute Chief Economist joined to discuss Jay Powell's first trip to Capitol Hill as Federal Reserve Chairman, what’s next for rate hikes and Powell's personal touch.See omnystudio.com/listener for privacy information.