Spencer Jakab
speaker
157 appearances
1 recordings
1 series
first heard Jul 2026
last heard 26 Jul
Spencer Jakab’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
And so I wonder how good the returns will be in the next 15 years compared to the last 15 just because they got good deals.
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People didn't know the game yet.
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I also understand that one of the appeals of private equity, private credit, does not really matter to me or you, right?
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Which is that the values change very infrequently, right?
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And so, you know, it's kind of rudely been called volatility laundering, right?
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I mean, that...
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Basically, the CalPERS or whoever or some big pension fund is like, oh, look, this looks really good because we look at our risk-adjusted return.
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And since the price hardly ever moves or moves kind of by appointment –
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the return actually looks more attractive.
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But that doesn't really matter.
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It doesn't matter to me.
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What matters to me is how much I have when I am going to retire from the Wall Street Journal, not how much the thing moved around.
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As long as I can stomach that, hiding the volatility does not help me.
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I mean, maybe it'll keep me from panicking and selling or something because people do tend to
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On bad days for the stock market, you know, unwisely transact and sell where they should just kind of lose their password, right?
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But it's really helpful to people not like you, not individuals, right?
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Yeah.
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Showing 141–157 of 157 · page 8 of 8
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