You were in fine form today, Leyla. I laughed a lot. Thanks.
Can't resist taking a shot at that Hamilton Lane plot. A few years ago everybody was showing 10-year performance. Now it's 15 years. Why? Cherry picking. June 2008 was barely above the low and now we see all-time highs. Since the peak in 1999, the total return on the S&P 500 drops to 8%. No clue here about PE returns over time, though.
Would love a dive into using AI for analysis
You were in fine form today, Leyla. I laughed a lot. Thanks.
Can't resist taking a shot at that Hamilton Lane plot. A few years ago everybody was showing 10-year performance. Now it's 15 years. Why? Cherry picking. June 2008 was barely above the low and now we see all-time highs. Since the peak in 1999, the total return on the S&P 500 drops to 8%. No clue here about PE returns over time, though.
Thank you, Paul! I always worry my humor is too subtle 😂