The Meb Faber Show – “Jeff Hooke, Johns Hopkins – The Myth of Private Equity”
Jeff Hooke, Johns Hopkins – The Myth of Private Equity
In episode 361, we welcome our guest, Jeff Hooke, Senior Lecturer at the Johns Hopkins Carey Business School and author of The Myth of Private Equity, which is what we focus on today.
In today’s episode, Jeff pulls no punches when sharing his thoughts on the private equity industry. He likens the belief that private equity has outperformed the market to believing the tooth fairy is real and compares their reporting process to an 8-year-old girl rating her own homework.
We dive deeper into the lack of transparency around fees and returns and then discuss the recent approval to allow 401(k) plans to include private equity investments and why that goes against what the great John Bogle believed.
Please enjoy this episode with John Hopkins’ Jeff Hooke.
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