Eric Balchunas|Oct 01, 2025 20:18
TIL there's more private equity funds than McDonald's restaurants in the world.. total of 19k, which is double ETF+MFs combined. This helps explain why they suspiciously eager to "democratize" their holdings.  "paper gains only take you so far"  Good piece from @sridinats  (Eric Balchunas)
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