US public equities

2 statements across 2 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Dec 6, 2021 by Ian Charles · across every show →

Everything said about US public equities, oldest first

Dec 6, 2021 bullish
Assertion Supported
New York Yankees equity compounded at 9.7% annually over 115 years
“Over the last, I think it's 115 years, US inflation has run at an annualized rate of around, I think it's 3.1%. US public equities have compounded at around a 5.9%. And equity in the New York Yankees has compounded at 9.7% per year for a 115 years.”
Ian Charles Dec 6, 2021 ▶ 32:16 Ian Charles & Doc O'Connor – Investing in Sports Teams at Arctos Sports Partners (Capital Allocators, EP.225)
Feb 10, 2025 bearish
Assertion Partly supported
Charles: US public equities top 90th percentile, PE entry multiples hit record highs
“You're in the 90th percentile plus in every valuation metric that matters for US public equities, and entry multiples in private equity have never been this high, and holding multiples have rarely been this high.”
Ian Charles Feb 10, 2025 ▶ 32:14 Ian Charles - Private Equity's New Rules (EP.431)
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