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The Returns of Private Equity - Show 40-2
July 17, 2012
Mark and Tom turn to an article by Gerard O’Reilly in order to get to the bottom of Hedge Funds. They discuss the weaknesses of reported Hedge Fund returns, such as survivorship bias and no academic consensus as it pertains to their persistence in performance. And as Hedge Funds try to imitate the performance of the great Warren Buffet, Warren himself has bet against them (literally).
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