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Allison Schrager: Private Equity Won’t Diversify Your Portfolio

Investing in such funds makes sense if you want more risk and illiquidity — and are willing to pay for it. Low interest rates can lead people to rationalize all sorts of bad ideas: investing in companies that will never make a profit, financing share buybacks with debt, spending billions on terrible streaming content, to name a few. But maybe

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Posted: September 22, 2023 Friday 06:00 AM