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Some LPs are not afraid to speak the truth. Unfortunately, there are not many of them.
We documented this issue in a paper ten years ago (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2329202) problem has gotten a lot worse

It is two years since we launched PREDOC (https://predoc.org). With over 215,000 views and 4,000 new visitors/month, I am happy PREDOC has become a premier hub for predocs, reaching thousands of students of any background with events, workshops, courses, etc. Thank you all!

I like that last sentence: if you argue you are entitled to sweat equity, then you should also be held responsible when the sweat turns to tears:

Episode 210: @lphalippou81: Private Equity, Under the Hood
Picture credit: Fisher Studios

Felicitations Jean Noel (@jnbarrot) for making it to Minister!! What an achievement!!!

Jean-Noël Barrot, a great Financial Economist, known to many of us in the academic community has just been named Minister in France (ministre du numérique). Congrats to him!

Sometimes you need to work hard to write something funny. Sometimes, not. EY audit professionals mass-cheated on the CPA ETHICS exam by using answer keys and sharing them with their colleagues (49 people caught between 2017 and 2021). I just leave this here.

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