Will the flow of money from public markets to PE and passive continue?
When I talk to friends, they just seem dejected. They are working their backs off, but the career opportunity looks far bleaker than even 3-4 years ago.
What do you guys think? Is the shift to passive and private going to stay, or will it turn eventually?
We might see a turnaround in passive equities during our next recession, but don't take my word for it, I'm just an undergrad hardo
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