The Minutes of Marc Rowan on public markets https://minutesof.com/marc-rowan/on/public-markets/ Everything Marc Rowan has said on public markets: 3 verbatim quotes between May 2023 and April 2026, each with a timestamp and a link to the recording it… en Sun, 30 Aug 2026 16:22:32 +0000 Rowan argues equity prices are not low, with average PE in mid-twenties versus historical 16. https://minutesof.com/q/32559c3c-51fa-4cb5-9eb9-31949c173a13/ https://minutesof.com/q/32559c3c-51fa-4cb5-9eb9-31949c173a13/ “I do not believe prices are low. They are lower, but we're still talking about an average PE as a reference in the mid twenties versus 16 over time.” — Bloomberg Podcasts Mon, 05 May 2025 14:48:44 +0000 public markets Rowan says 100% of S&P returns this year came from 10 stocks at 50 PE, constituting 35% of the index. https://minutesof.com/q/44792d43-c148-4c74-bbdb-1095c0017913/ https://minutesof.com/q/44792d43-c148-4c74-bbdb-1095c0017913/ “A 100% of our returns this year are from 10 stocks which constitute 35% of the S and P that traded an average PE of 50.” — Bloomberg Television Tue, 05 Dec 2023 15:03:34 +0000 public markets 2022 was a good opportunity for us to realize that public can be both safe and risky, and private can be both https://minutesof.com/q/9b9b57ae-8a78-4042-b399-df74d123e28e/ https://minutesof.com/q/9b9b57ae-8a78-4042-b399-df74d123e28e/ “2022 was a good opportunity for us to realize that public can be both safe and risky, and private can be both safe and risky. The only difference is a degree of liquidity.” — Barron's Thu, 11 May 2023 15:16:29 +0000 public markets