KKR (KKR) Stock May Be Overvalued Following Its 55% Three Year Run

KKR & Co. has given long term holders a strong ride over the past few years, yet the recent pullback leaves a clear question for you as an investor. Is today’s price for KKR stock still in line with the returns the firm earns on the capital it puts to work across private markets, infrastructure and credit? Over the past 3 years KKR has delivered a total return of 54.7%. This puts real pressure on the idea that its share price accurately reflects the returns it earns on its capital. The...