It’s an idea the richest and most powerful people in the world almost never say out loud. But takeover king Wilbur Ross knows it. So does Herb Allen, the most exclusive banker in the world. And you can bet your boots that billionaire Warren Buffett knows what I’m about to tell you. In fact, he’s often said these are the types of deals he wants to pursue… Here’s Wall Street’s dirty little secret: The best investments in the world — those with the biggest returns and some of the highest yields — are not listed on any stock… Read More
It’s an idea the richest and most powerful people in the world almost never say out loud. But takeover king Wilbur Ross knows it. So does Herb Allen, the most exclusive banker in the world. And you can bet your boots that billionaire Warren Buffett knows what I’m about to tell you. In fact, he’s often said these are the types of deals he wants to pursue… Here’s Wall Street’s dirty little secret: The best investments in the world — those with the biggest returns and some of the highest yields — are not listed on any stock market. #-ad_banner-#They’re privately held… According to a study by professors at Duke and Ohio State covering a period from 1984 through 2010, private market investors earned 18% more than the S&P 500. It’s proof that when it comes to investing, the rich really are different — they invest in better companies. But exactly how do they do this? Well, rather than buying shares on the stock exchange, savvy big hitters write a very large check to a very special kind of firm. To be eligible to invest like this, federal law stipulates that an investor needs to have at least… Read More