Steven Binetter
Steven Robert Binetter is a seasoned investment professional based in the New York area, with nearly two decades of experience spanning public markets and private investments.
Private vs. Public Market Investing: Key Differences Explained by Steven Binetter
By Steven Binetter
Private vs. Public Market Investing: Key Differences Explained by Steven Binetter
Private and public market investing differ in structure, access, risk, and return potential. Public markets, including stocks and bonds traded on exchanges, provide high liquidity, daily pricing, transparency, and lower investment minimums, making them suitable for investors who value flexibility, quick access to capital, and shorter investment horizons, though they are often more volatile and sensitive to economic news and market sentiment. Private markets, such as private equity, venture capital, private credit, and real assets, are typically illiquid, require longer holding periods, and involve higher minimum commitments, but may offer higher long-term return potential, lower correlation to public markets, and value creation driven by operational improvements rather than short-term price movements. Valuations in private markets occur less frequently, which can smooth reported performance but reduce transparency. Risk profiles also vary, as public investments expose investors to daily price fluctuations, while private investments depend heavily on manager expertise and execution. As highlighted by Steven Binetter, many investors blend both approaches to balance liquidity, growth opportunities, and risk when constructing diversified portfolios. Learn more: https://www.youtube.com/@stevenbinetter
