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Podcast: The Meb Faber Show - Better Investing
Episode: Apollo's Alex Wright on The Role of Private Markets in Modern Portfolios | #583
Description: Today’s guest is Alex Wright, Global Wealth Strategist at Apollo.
In today’s episode, Alex discusses the fragility of public markets, citing high valuations, rising correlations, and limited diversification opportunities, which prompt a need to reassess traditional 60/40 portfolios. Then he walks through the opportunity in private markets, including private equity, private credit and infrastructure.
Alex explains why private assets can offer a potential pathway to enhanced diversification and capture opportunities in an expanding and evolving investment universe.
(0:00) Starts
(1:58) Alex's market overview and economic outlook
(4:08) Public market valuation
(1...