# Prof. Aswath Damodaran on direct investing vs. private-equity funds

1 Faculty News November 29, 2013 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://online.wsj.com/news/articles/SB10001424052702304281004579220293295297828) -- \[Speaking of direct investing\] "'You have to ask yourself, "Do I want to be a mini venture-capital firm?" and if the answer is no, then you're biting off more than you can chew,' says [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a finance professor at New York University."

[Read more](http://online.wsj.com/news/articles/SB10001424052702304281004579220293295297828)