Welcome to another episode of the Rational Reminder Podcast. In today’s jam-packed episode, hear updates regarding our goals survey, the schedule for upcoming guests on the show, the latest news and highlights from the financial world, and some of the feedback we have received about the show. We also highlight interesting articles and papers regarding tech valuations, expected stock returns, the performance of venture capital funds, and a book recommendation that will help you understand the finance game. Tune in to learn about the results of the recent social survey in Canada, the basics of private equity funds, the challenges of calculating the Internal Rate of Returns for investors, some of the misconceptions surrounding private equity, and much more! Participate in our Community Discussion about this Episode: https://community.rationalreminder.ca/t/episode-205-tech-vs-value-and-private-equity-vs-public-equity-discussion-thread/17508 Book From Today’s Episode: Finite and Infinite Games — https://amzn.to/3mPsygx Links From Today’s Episode: Ben’s Financial Goals Survey — https://forms.office.com/pages/responsepage.aspx?id=xVA-B3TS3UeuUte5Yx-hRoqiaLMCtxVJgvfdz10GYTlUMUY4UlM1TkpJVUFLSlZaVFJNMlQzTDBBSy4u Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/ Shop Merch — https://shop.rationalreminder.ca/ Join the Community — https://community.rationalreminder.ca/ Follow us on Twitter — https://twitter.com/RationalRemind Follow us on Instagram — @rationalreminder Benjamin on Twitter — https://twitter.com/benjaminwfelix Cameron on Twitter — https://twitter.com/CameronPassmore 'Migration' — https://www.tandfonline.com/doi/abs/10.2469/faj.v63.n3.4690 'Value Investing Is Not All About Tech' — https://www.aqr.com/Insights/Perspectives/Value-Investing-Is-Not-All-About-Tech 'Expected Stock Returns When Interest Rates Are Low' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4045504 'The case for private equity at Vanguard' — https://institutional.vanguard.com/iam/pdf/UHNWPEBR_022021.pdf 'The Performance of Private Equity Funds' — https://doi.org/10.1093/rfs/hhn014 'Private Equity Performance: Returns, Persistence, and Capital Flows' — https://doi.org/10.1111/j.1540-6261.2005.00780.x 'Private Equity Performance: What Do We Know?' — https://onlinelibrary.wiley.com/doi/abs/10.1111/jofi.12154 'Has Persistence Persisted in Private Equity? Evidence from Buyout and Venture Capital Funds' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2304808 'Are Too Many Private Equity Funds Top Quartile?' — https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2193855 'An Inconvenient Fact: Private Equity Returns and the Billionaire Factory' — https://doi.org/10.3905/joi.2020.1.153 'Mutual Fund Flows and Performance in Rational Markets' — https://doi.org/10.1086/424739 'Demystifying Illiquid Assets: Expected Returns for Private Equity' — https://www.aqr.com/Insights/Research/White-Papers/Demystifying-Illiquid-Assets-Expected-Returns-for-Private-Equity 'Private Equity's Diversification Illusion: Economic Comovement and Fair Value Reporting' — https://www.hbs.edu/faculty/Pages/item.aspx?num=46095 'Replicating Private Equity with Value Investing, Homemade Leverage, and Hold-to-Maturity Accounting' — https://academic.oup.com/rfs/article-abstract/35/1/299/6136189?redirectedFrom=fulltext