Very interesting one. I’ve been looking into it, but not super clear. How does this work?
Btw for whiskey and art, check out Splint invest.
Have a decent art collection there 
Made some good pocket money with exited items
Can you get this started? I don’t know how to create new wiki articles hear inside 
Padawan, you are on the path to the dark side of over-diversifying. The remark on Whiskey was more a satirical one - diversification doesn’t work this way.
We need to remember that the Efficient Market Hypothesis aplies. UNLESS we can add alpha or move our investments outside of the Global Investable Universe, all this crazy diversification doesn’t add any value at all. In the contrary, such alternatives generally cost more (whether explicit or implicit) and therefore reduce overall return.
To underpin my point - please have a look at the below post. There, I essentially took a completely crazy approach to diversification - and then concluded that the resulting performance was can be explained with a combination of i) stocks, ii) bonds, iii) money market, iv) luck based, temporary over/underperformance and in some cases v) temporarily smoothened return reporting:
Picking up pennies in front of the steam roller - Investing / Portfolios - Mustachian Post Community
PV Backtest: Backtest Portfolio Asset Allocation (portfoliovisualizer.com)
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I will in the next few days, currently on vacation 
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Thanks, this is gold.
For Listed Private Equity, I got a lot of advertising on Linkedin from Moonshot.
Any opinion/experience with them or alikes?
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Stay away from everything that‘s agressively advertised. Especially something with a cringey name as this….
I too have seen tons of ads on many platforms I use as well…
Good products speak for themselves.
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Remember CR7’s “Join me on Binance”? Aged like milk.
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That’s a given.
Any first hand experience with any listed private equities?
I think before you test your skills with private listed equities , I recommend to first think about public listed equities. This will help you learn how to analyze companies and give some confidence over time.
Stock picking for Publicly listed equities is already very difficult with all the data available. For private companies, it’s tougher to analyze business and prospects. They are not regulated as well as public companies. Choice is also very limited. For example , let’s pretend you can invest in OpenAI , do you feel you have enough skills to define fair value of the company?
If you are in school of thought that stock picking is not very productive in long run, then private equity is same with even more risk and less transparency
Furthermore, I would argue that the needed capital for “good” businesses would be much higher. In general, PE is held by a few players and want to remain like that so they can maintain control. Also, they prefer someone who is able to bring some added value, not just a money giver (be it networking, specific knowledge, etc.).
There is a big difference between listed Private Equity and unlisted one. Unless you pass a few billions, you should in my view not buy Private Equity. The logic is quite simple: Always buy either at a (Long and Short secured) market price, or when you have a competitive edge/insight into the pricing. Rule of thumb: the seller sets the price and has a salesman or anyone beyond ordinary investor comms - you don‘t buy at market price.
Taking about Listed Private Equity - you could have a look at Private Equity Holding (tax efficient as a Swiss Investor) or an ETF e.g. from iShares.
Just remember that EMH applies for Listed PE. Meaning you don‘t get a better return, but you get a comparable return to shares but can diversify a bit from MegaCaps.
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You are also welcome to use “my” Financial Services Lemma:
- The heavier a financial service / product / something else is advertised, the more fees it incurs.
Sounds obvious if you think about it.
For comparison, here is an example from the other pole:
Index funds (both the traditional mutual fund version and the exchange traded fund (ETF) version) are profitable, but only for those who own them. Not necessarily for those who sell them or provide them. The largest traditional index mutual fund provider, Vanguard, is run at cost. Schwab and Fidelity compete with them, but many suspect these two companies use their index funds as loss leaders for other products. State Street (SPDRs) and BlackRock (iShares), along with Vanguard and Schwab, lead this space for the ETF versions. Although these funds are often monstrous and profits “can be made up on volume,” I’m skeptical that there is much profit there given that the expense ratios are so similar to what Vanguard is charging.
The bottom line is that there is very little incentive to do a lot of advertising and other marketing for these products. Vanguard advertises, but it’s usually portfolio management services—not the index funds themselves—that are being marketed.
This lack of marketing can sometimes cause investors to not be as aware as they should be of the benefits of index fund investing.
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