Episode 402: The Problem with Private Markets

This is the Rational Reminder Podcast, a weekly reality check on sensible investing and financial decision making from Three Canadians. We're hosted by me, Benjamin Felix, Chief Investment Officer, Dan Bordelotti, portfolio manager, and Ben Wilson, head of M<unk>A at PWL Capital. Good to be back. This is episode 402 where we're talking about the private markets or the problems with private markets, which is a pretty interesting topic and has been a hot topic in news headlines recently. Good to be back recording with you guys.

We haven't recorded an episode like this in quite a while. We had a a long string of guest episodes. Good to be back. Good to be here. Before we jump into the private markets content, I did want to just address something.

I've had a couple conversations recently where people had no idea what PWL does, which to us is a little bit concerning because we do expend a lot of energy. creating content and putting ourselves in the public eye so that people know who we are and know to reach out to us if they're looking for the services that we provide. So when people don't know what we do, it's kind of like, oh, we should probably make sure people know of what it is that we do. In both of these cases, these people thought that PWL only does asset management and they'd kind of written us off as an option for what they were looking for, which was more of a holistic wealth management type service, because they thought we only did asset management. I just wanted to mention up front here that PWL is a wealth management firm.

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