The Invisible Hand
How Private Equity Actually Works: Fees, Returns, and Why Investors Keep Paying
21:26
Your pension fund just handed $50 billion to private equity firms last year, and they're probably losing money on it right now. In this episode, Emma Reid breaks down the shocking math behind why private equity consistently underperforms basic index funds while collecting fees that would make a mobster blush. 🎯 What You'll Learn: • Why PE firms collected $445 billion in fees between 2010-2020…