buyouts

3 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Nov 4, 2022 by Michael Mauboussin · across every show →

Everything said about buyouts, oldest first

Nov 4, 2022
Assertion Supported
Mauboussin: Buyout funds consistently beat venture capital on a PME basis
“Buyouts, by the way, have consistently been a little bit better than private equity have been a little bit better than venture. They're much less episodic or dramatic, and they tend to chug along a little bit over one PME.”
Michael Mauboussin Nov 4, 2022 ▶ 29:08 Michael Mauboussin: The Single Biggest Mistake Investors Make In Decision-Making | 20VC #945 · 20VC with Harry Stebbings
Nov 4, 2022
Assertion Supported
Mauboussin: Buyout fund performance persistence has melted away over 20 years
“That persistence used to have to happen in buyouts. But that effect is mostly melted away in the last 20 years, and it's very difficult to find persistence in public markets at all.”
Michael Mauboussin Nov 4, 2022 ▶ 7:18 Michael Mauboussin: The Single Biggest Mistake Investors Make In Decision-Making | 20VC #945 · 20VC with Harry Stebbings
Dec 18, 2023 positive
Insight
Lacaillade: Venture Capital Displays Stronger Return Persistence Around Brand Than Buyouts
“Although that's probably more true in buyouts, I think, ah, where the track record piece, because in venture there is brand, right? And there is, I think, more persistence of returns around brand.”
Peter Lacaillade Dec 18, 2023 ▶ 1:18:20 Peter Lacaillade: Why Now is the Best Time to Invest in Emerging Managers | E1096 · 20VC with Harry Stebbings
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