Sublime

A presentation by Christopher H . Browne Value Investing and Behavioral Finance https://t.co/TMAdxrPrUB

Michael Mauboussin's writeup on the rise of Private Equity in the US since the 1980s, and the reduction of listed companies to 1/2, is basically explaining what will happen in 🇯🇵 starting in 2024. https://t.co/gSQMmVGK3o

Allocation to smaller funds has continued to shrink, which is going to be a drag on the aggregate returns for VC moving forward. This is not a new problem. The share of capital absorbed by 'venture banks' has risen constently since about 2008. In parallel, the performance of VC has broadly declined.... See more

As a strategist, if you want rare insight, you need to have access to rare perspectives and those come from people, not publications or posts on social media.