Dear Pensions: If you won't listen to me on fees and costs... will you at least listen to WARREN BUFFET!? Remember: The only thing guaranteed by high fee managers is... high fees.

Reading teaching evaluations at the semester's end is important but hard.

Even when 99% of my students' comments are positive, it's the one harsh comment that sticks with me.

This is not helpful. So I've developed a system to deal with this. Here it is:

Always difficult to boil down a complex message in a few minutes, but key message was clear (hopefully). Below is link to podcast and then in comments, the link to my latest paper on carried interest (just completed first draft, comments very welcome)

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