Comment by CodingJeebus
1 day ago
It's absolutely true. Just look at how private equity is now getting access to public markets and retirement accounts[0]. You think PE is letting the little guys in out of the goodness of their hearts? No, they've extracted as much as they can and the market is starting to question the absurd valuation of private assets.
A wise man once said: "if you're given an opportunity to cut an amazing deal and you can't tell who's getting screwed, then it's probably you"
0: https://pestakeholder.org/news/trump-admin-bails-out-private...
> It's absolutely true.
What is absolutely true? I'm not sure specifically what you are referring to.
> Just look at how private equity is now getting access to public markets and retirement accounts[0].
Nobody forces you to reallocate your Vanguard Total Stock Market Index Fund or wherever you have your retirement assets into a new Apollo fund.
Secondarily, we should treat people like adults and allow them to make their own investment decisions.