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Big year for private equity stocks

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Carlyle's earnings miss aside, it's been quite a run for listed private equity firms.

FORTUNE -- Private equity firm shares have been on a year-long tear, even though yesterday's headlines were about declines caused by The Carlyle Group's (CG) earnings miss. Makes me feel much better about my advice last May, which was the only time I've even flirted with the hazardous world of stock-picking:

I think there's potential upside to private MORE


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