Dan Rasmussen of Verdad Capital talked about private equity and private equity-like public market strategies on another podcast. This time he was on Patrick O’Shaughnessy's Invest Like the Best podcast. As always, a very thoughtful conversation, highly recommended.
"Dan identified several key drivers of private equity’s outsized returns: size, value, and leverage. His firm uses these factors as a starting point to build a portfolio of public equities that behave like their private brethren.
We cover a ton of ground, discussing the prospective returns for equities, forecasting, and tons of investing strategies."
Dan's recent article on the state of private equity: Private Equity: Overvalued and Overrated?