Dan Rasmussen At Grant’s Conference: Private Equity Has A Leverage ProblemRupert Hargreaves
"We know from history," Dan Rasmussen, the founder, and portfolio manager of Verdad Advisers told the Grant's conference earlier this month, "that the greater the consensus, the greater the chance of priced overshoots and crashes."
"The more popular than narrative, the greater the risk of a bubble," Rasmussen, an alum of Bain Capital and Bridgewater Associates, went on to say.
Rasmussen wasn't referring to the market's high-flying tech stocks in these opening remarks or bond prices. Instead, he was referring to the private equity market.
If you’re looking for our indepth profile of Dan and more exclusive access to value-focused hedge fund managers, check out Hidden Value Stocks.
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