Everything I've ever learned about investing says avoid high-fee investment vehicles. > PE funds have a monetization model of fees (about 2%) and carried inter

Everything I've ever learned about investing says avoid high-fee investment vehicles. > PE funds have a monetization model of fees (about 2%) and carried interest (20%). To the average person who picks the "wrong" PE fund, not only will they get sub-par return, they'll also get high fees. Not how I'd want to set myself up for retirement.