Recently, there's an increased popularity in private equity "opportunities." The usual sales pitch is that you can buy funds with controlling interests in private companies or real estate. Warren Buffett and Charlie Munger say you should avoid these like the plague. I tend to agree and explain why, here.
Click to read the rest of my article at AES International
Warning: Avoid these investments like the plague, says Buffett and Munger
On an equal risk-adjusted basis, private equity and hedge funds don’t beat the long-term performance of a diversified portfolio of index funds…
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