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[Rask Media contribution] Aussie Private Equity: Not Everything It’s Cracked Up To Be?

Private equity (PE) as an asset class has boomed globally. Demand for ownership of businesses which are not listed on stock exchanges (making them ‘private’ companies) has been a boon for investors.

As the Australian Financial Review (AFR) reported last week, at the end of 2017, the global PE industry was, “sitting on a record level of dry powder of $US633 billion.” This was a direct result of fundraising activity of global PE firms. Data from industry tracker Preqin showed that global PE firms raised a huge $US453billion in 2017.

But in the face of the demand for these investments, Daniel Rasmussen of Verdad Advisers has a sceptical opinion on the state of the current PE environment….

To read the rest of my post: 

Go to Rask Media https://www.raskmedia.com.au/2018/03/04/aussie-private-equity-not-everything-cracked/

[Rask Media contribution] The Best Quotes From Warren Buffett’s Latest Berkshire Hathaway Letter

Berkshire Hathaway’s latest chairman letter was released late Saturday night. The annual letter by Warren Buffett has been a great source of wisdom for aspiring investors globally. While this letter was one of his shorter ones in recent times, it still is a very worthwhile read for investors…

To read the rest of my post: 

Go to Rask Media https://www.raskmedia.com.au/2018/02/25/best-quotes-warren-buffetts-latest-berkshire-hathaway-letter/ 

20 Ticket Punch Card investing and why it is so important for me in micro-cap investing

“An investor should act as though he had a lifetime decision card with just twenty punches on it.” Warren Buffett.

“The success of Berkshire [Hathaway] came from two decisions a year over 50 years.” Charlie Munger.

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