As investment firms raise more capital, they compete for larger, better-known assets and face more efficient markets.
As investment firms raise more capital, they compete for larger, better-known assets and face more efficient markets.
![Brent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]](https://megaphone.imgix.net/podcasts/44bb7a62-2be6-11f1-ba30-c3c2524a6ebc/image/6dfae5a6459a4831bf0b6a8430ce3a09.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress)
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