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BONUS: Private Equity Targets The "Dumbest" Investors In the Room (With Ted Siedle)
Yesterday, President Donald Trump signed an executive order allowing 401(k) plans to invest in alternative assets like real estate, cryptocurrencies, and private equity. The White House presented the change as a “democratization” of 401(k)s, helping Americans diversify their retirement savings and gain higher returns.
But earlier this week, we published an episode exposing how Trump’s new executive order likely benefits private equity firms far more than average Americans.
As a special bonus for you, our premium subscribers, today we’re sharing David Sirota’s full interview on the matter with former federal regulator Ted Siedle, which was recorded not long before Trump signed the executive order.
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