The 2025 Private-Markets Playbook: Why the Easy-Money Era Is Over (and That’s Good)

Twenty years ago, in an "Entrepreneurship through Acquisition" class, the professor urged us: "This is your best time to take risk. Your opportunity cost will never be this low again." …

Marius A. Holzer, CFA, CAIA, CIPM July 16, 2025

Cost & Fee Management

The Invisible Tax Stealing Your Retirement

(What I wish my 25-year-old self had known) Last week, I was cleaning out old files when I found my first retirement plan statement from 1998. Twenty-five-year-old me had just…

Marius A. Holzer, CFA, CAIA, CIPM July 1, 2025