Now, the PE boys claim ordinary investors like you would also get rich. But that's just not what the recent data show. Recent data shows that private equity doesn't make more money for their clients than plain old stocks and bonds. In fact, studies suggest that private market investments have consistently underperformed publicly traded companies. So to review high fees, low performance, less transparency, that's just a bad deal any way you slice it. (03:39–03:47)
CLAIM
Asserts that private equity investments do not outperform traditional stocks and bonds.
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