Private Persistence That Just Ain’t So?

Do some private investment presentations overstate the performance persistence of top funds?
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You Can Keep It Simple

Simple portfolios continue to consistently outperform top endowments.
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Where Are Fees and Expenses Not Costs?

Generally accepted or not - Fees and expenses are costs
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Private Presentations: Are Some Tall Tales?

Private equity internal rate of return (IRR) and volatility calculations can sometimes be misleading.
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Ignoring Fees Doesn’t Beat the Market

A large investment firm recently claimed its funds beat the market 93% of the time. They didn't.
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Can I Do Better?

Does “more institutional” with more “alternatives, ” such as hedge funds, mean better? I don’t think so.
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