Private Equity Pay Shows Improvement, But Lacks Big Gains

The video discusses a new report on pay and investing, highlighting stagnant pay expectations last year and a slight increase in bonus and base pay. It examines pay trends in private equity compared to banking, noting that only a few in private equity become very wealthy. The discussion critiques the financial industry's ostentatious pay and contrasts it with the wealth of top billionaires, highlighting that not many are financial professionals. The video concludes by exploring the mix of wealth in private equity and financial industries, noting they earn more than banking but not as much as big tech.

What was the main highlight of the new report on pay expectations?

• A significant increase in both bonus and base pay

• A slight increase in both bonus and base pay

• A decrease in bonus expectations

• A decrease in base pay

How does the pay in private equity compare to that in banking?

• Private equity professionals earn significantly less than bankers

• Private equity professionals earn less than bankers

• Private equity professionals earn the same as bankers

• Private equity professionals earn more than bankers

What is a common criticism of the financial industry regarding pay?

• The pay is too low compared to other industries

• The pay is not transparent

• The pay is too ostentatious

• The pay is not competitive enough

What does the report suggest about the wealth of top billionaires?

• Top billionaires are evenly distributed across industries

• All top billionaires are from the tech industry

• Few top billionaires are financial professionals

• Most top billionaires are financial professionals

How does the financial industry's earnings compare to big tech?

• Financial industry earnings are the same as big tech

• Financial industry earnings are lower than big tech

• Financial industry earnings are higher than big tech

• Financial industry earnings are not comparable to big tech