The Ledger
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Fallows: Historical private equity returns average 10% to 12% versus 8% to 10% for public equities
“I think it's fair to say that on average, historically, the returns of private equity have been somewhat higher than public equity. Not three or four times as high, but if public equity is delivering eight to 10%, maybe private equity is delivering 10 to 12%.”
Fallows: Alternative asset allocations rise in direct correlation with investor net worth
“If you start to get into a seven or an eight-figure portfolio, people, we, you do find that their so-called alternative asset or their private market exposure goes up in correlation with their net worth. So whereas your average person with a million dollars ma…”
Fallows: High-net-worth insurance costs roughly double mainline carriers
“And this insurance is a bit more expensive, but we're not talking 10 times more expensive. You're maybe gonna spend twice as much as going with a mainline carrier like an Allstate or a State Farm.”
Fallows: Umbrella insurance offers $5M to $10M liability coverage for $1K to $2K yearly
“It kicks in for literally another five or ten million dollars of liability above that, and it's shockingly cheap. We're talking maybe a thousand dollars a year, 2000 dollars a year to get five or ten million dollars of extra coverage.”