Subject: Re: New rules, what would Buffett say?
Of course what is outrageous are the fees and the lack of disclosure in sharp contrast to stock ETFs and public stocks respectively.

So you turn from the public markets to the private markets because you sense that private markets are different from the public markets.

And then you are literally "outraged" that private markets are different from public markets!

That's like not marrying a girl because you know she is not a virgin. When you are in fact the one sleeping with her.

R: