Mauboussin: Buyout fund performance persistence has melted away over 20 years
Michael Mauboussin · Michael Mauboussin: The Single Biggest Mistake Investors Make In Decision-Making | 20VC #945 · 20VC with Harry Stebbings · Nov 4, 2022 · at 7:18
Michael Mauboussin, Head of Consilient Research at Counterpoint Global, contrasts performance persistence in venture capital with buyout funds and public equity markets.
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“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.”
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