Eric Peters, CIO of One River Asset Management, highlights private equity distribution challenges as evidence of rising liquidity risk in the financial system.
Prediction Not checkable as stated
Peters: Private equity is done and managers will emerge looking terrible
“This is the kind of thing that may make me look foolish. I think private equity is done. I think that it will always be an investment style like it has for over the course of my career. It was just LBO investing when I started, I guess now it's private equity,…”
Insight
Peters: Equities Drive 90% of Institutional Portfolio Risk
“If you look at the real risk in their portfolio, it's probably 90% driven by equities, and it comes in all sorts of different forms, private equity, public equity, credit. You end up with portfolios that there's just one risk factor, which is equities.”
Prediction Not checkable as stated
Peters: Blockchain Integration Will Put Digital Wallets on Every Phone
“This is where global financial markets get rewired onto blockchain based rails. And when that happens, it means that every single person in the world, when that's fully complete, will have a digital wallet on their phone.”
Prediction Not checkable as stated
Peters: Markets Face a 15-Year Breakdown of Historical Asset Correlations
“COVID, I believe, propelled us into this new regime. And whether most big investors believe that that's true or not, they have to at least acknowledge that it might be true, that nothing's permanent, but we might be in for a 10 or 15 year period where the reli…”
Insight
Peters: Digital Cash Enables Total State Financial Control and Surveillance
“Once you've moved people off paper money, there's no place to hide. And so that's how the government acquires power through that, because once they do that, well, think of all the things that you can do with that, right? One of the things you can do is you can…”
Opinion
Peters: Regulators Can No Longer Destroy Bitcoin
“And so, you know, a number of years ago, the regulators could have destroyed Bitcoin. They can no longer destroy it. They could do various things, but they can't destroy it.”