“In the last six months, almost every institutional quality investor we talk to is reducing their PE allocation,” Rasmussen said. “It’s like a total sea change.” wapo.st/4gOdgnD

Flipping firms isn’t what it used to be. On this week’s “Money Talks”, why private equity is suffering from buyout burnout economist.com/podcasts/2025/…

All is not well in private-equity land. On this week’s “Money Talks”, why corporate raiders have been taking more flak than usual economist.com/podcasts/2025/…

I'm looking forward to joining Charles V Payne today to talk about small-cap stocks!

“I wouldn't choose a random investment banker to run my family business.” On this week’s “Money Talks” Dan Rasmussen explains the problems with private equity economist.com/podcasts/2025/…

One of the worst kept secrets in NYC finance scenery is how indebted and illiquid many of these PE professionals and PE GPs are underneath the hood.

“The pitch is that private equity can outperform public markets with less volatility.” Article just says that and leaves it unaddressed. No no no no. They may or may not outperform (it will be harder now that illiquidity is a feature not a bug: aqr.com/Insights/Persp…) They

End of Private Equity? Funds are choking on unsold assets. LPs are waiting nearly a decade for cash back. GPs cling to marks that no buyer pays Thread

Dan Rasmussen

"AI bubble" is still an open question. Bubble here refers to ROI on ~1% of US GDP currently invested in AI infrastrucure! When will revenues/profits emerge to justify this investment? I work with AI models (some proprietary) on frontier research in physics and other fields. I

I debate @JasonFurman—Pres. Obama’s Chair of the Council of Economic Advisors—at Harvard over the effect of tax increases on the expected value of innovative risk-taking and the magnitude of changes needed to equilibrate America’s fiscal policy. edwardconard.com/macro-roundup/…

Great article in Financial Times today TL;DR: private credit touts a very low (~1%) default rate, but this might be the result of private equity not exiting portfolio companies (the borrowers) historically, 10-20% of PE-backed companies fail (the light blue on the chart below) But in

How bad could private credit default rates get? via Financial Times on.ft.com/4mtOJVO

bloomberg.com/news/articles/…

Foreign investors now have a record allocation to U.S. equities Ned Davis Research

finally got around to reading this and wow is it good joincolossus.com/article/ai-wil…

Composition of household wealth by country

Dan Rasmussen this week. Dan is his usual provocative/thought provoking self. Recommend checking out his book: The Humble Investor. It’s much more than a compilation of his research. Enjoy!