# Ep. 362: Dan Rasmussen on Private Equity's Stranded Assets, Private Credit, and the AI Bubble

Page: https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900/ep-362-dan-rasmussen-on-private-equity-s-stranded-assets-private-credit-and-the-ai-bubble
Text version: https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900/ep-362-dan-rasmussen-on-private-equity-s-stranded-assets-private-credit-and-the-ai-bubble.md
Podcast: [Macro Hive Conversations With Bilal Hafeez](https://stenobird.com/podcast/macro-hive-conversations-with-bilal-hafeez-524900)
Published: 2026-06-12T08:43:00+00:00
Episode link: https://macrohive.libsyn.com/ep-362-dan-rasmussen-on-private-equitys-stranded-assets-private-credit-and-the-ai-bubble
Audio file: https://traffic.libsyn.com/secure/macrohive/MH_w_RASMUSSEN_.mp3?dest-id=1929056
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Duration seconds: 2128

## Resource

Daniel Rasmussen is the founder and managing partner of Verdad Advisers, an investment firm with over $1 billion in assets under management across multiple asset classes. He is the author of The Humble Investor (2025) and American Uprising (2011) . Prior to founding Verdad, he worked at Bain Capital Private Equity and Bridgewater Associates. In this podcast, we discuss: Investing as Meta-analysis The Evolution of Private Equity Stranded Software Assets The Private Credit Mirage The "Adjusted EBITDA" Trap Small-Cap Growth Dangers The AI Capex Cycle AI Productivity Mindset

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## Transcript

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