Comments by "Kevin Street" (@Kevin_Street) on "Blackstone’s Investors Want Their Money Back!" video.

  1. But there's a difference between limiting your own information and having someone limit your information for you. At least you know that when you check the information you're getting is accurate.
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  2. Thanks for another fascinating video! The idea of an "illiquidity premium" sounds crazy (and from your video it seems the name was proposed as a joke), but it looks like there may be something to it. It kind of makes sense as a way for the fund managers to buy themselves time to make a long term profit without having to deal with panicked investors. But it goes against the principle that more information and greater accuracy in pricing is always better. By allowing inaccuracy (or even borderline fraud) in their reports, the investors are giving the fund managers much more leeway than a public fund will get. That means the managers have a greater opportunity to screw up. I don't think I'd put my money in a fund that works that way.
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