Jun 16, 2022
Welcome to another episode of the Rational Reminder Podcast. In
today’s jam-packed episode, hear updates regarding our goals
survey, the schedule for upcoming guests on the show, the latest
news and highlights from the financial world, and some of the
feedback we have received about the show. We also highlight
interesting articles and papers regarding tech valuations, expected
stock returns, the performance of venture capital funds, and a book
recommendation that will help you understand the finance game. Tune
in to learn about the results of the recent social survey in
Canada, the basics of private equity funds, the challenges of
calculating the Internal Rate of Returns for investors, some of the
misconceptions surrounding private equity, and much more! Don’t
miss out on this informative and well-rounded episode of the
Rational Reminder Podcast with your two favourite Canadians!
Key Points From This Episode:
- We start the show with an exciting announcement for our
- An update regarding the Goals Survey Project and what needs to
be done. [0:03:30]
- A rundown of the upcoming guests for the show.
- Outline of the reviews and criticisms received about the show.
- A breakdown of the book for today’s review, Finite and
Infinite Games. [0:10:07]
- Background about the author of the book, James P. Carse.
- The main point of the book: the differences between finite and
infinite games. [0:11:16]
- An interesting quote from the book regarding culture.
- Highlights of the recent news and updates in the financial
- Insights from an interesting article about tech valuations by
Cliff Asness. [0:19:47]
- Another interesting paper by David Blitz about expected stock
- A discussion regarding the recent social survey implemented in
- We discuss the basics of private equity as an investment
- Why the math used is problematic for calculating the Internal
Rate of Return. [0:32:35]
- The results of a paper which investigated the performance of
venture capital funds. [0:39:01]
- More insights from follow-up papers about private equity.
- Examples of the type of risk exposures that private equity
- The impacts associated with the preference for illiquid assets.
- Some of the misconceptions surrounding diversity in private
equity funds. [0:52:44]
- What are the best metrics to use to measure returns on private