Perverse Incentives In Distribution
11:22–12:05 · 43s
Antoine notes you can get "fabulously rich" selling semi-liquid private credit to wealthy clients, highlighting fee incentives that conflict with investor liquidity needs.
11:22–12:05 · 43s
Antoine notes you can get "fabulously rich" selling semi-liquid private credit to wealthy clients, highlighting fee incentives that conflict with investor liquidity needs.
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