Enterprising Investor · 2026-04-10 · 36 min
What is really happening beneath the surface of private markets? In this episode of the Enterprising Investor, host Mike Wallberg, CFA, speaks with returning guest, Mark Higgins, CFA, author of Investing in US Financial History, and Leyla Kunimoto, founder of Accredited Investor Insights, about emerging stress in private credit and private equity. They explore investor outflows from semi-liquid funds, the mechanics and risks of NAV-based valuation, and the growing disconnect between market narratives and underlying realities. Drawing on both current market developments and historical cycles, Kunimoto and Higgins unpack what these trends could mean for liquidity, pricing, and investor outcomes. Whether you are an institutional allocator or an individual investor, this conversation offers a clear-eyed look at the risks and complexities shaping today's private markets. Listen now to gain timely insights and practical perspectives.
Kwame Christian: Finding Confidence in Conflict Through Better Negotiation63 / 100
Neeraj Khemlani and Matt Ankrum, CFA: The Hunt for 100-Bagger Stocks
Ben Carlson, CFA: Risk, Reward, and the Real Price of Long-Term Investing
Joachim Klement: Geopolitics, Inflation, and Portfolio Strategy
Raluca Filip, CFA: Helping Investors Navigate Risk, Volatility, and Second Thoughts