Tagged: jason zweig

Money advice

The Journal’s Jason Zweig has a new column I plan to study carefully.

Over the ten years through March, private-equity funds returned an average of 9.9% annually, net of all fees, according to the American Investment Council, a trade group for the industry. That’s well above the 7.5% return on U.S. stocks, including dividends.

Skeptics have long argued that you could come close to the performance of private-equity funds by using borrowed money to buy an index fund that invests in stocks that are cheaper and smaller than average.

Source: Private Equity for Cheapskates Like You – MoneyBeat – WSJ