Investors have been selling the rumors lately, inverting the old adage. Rumors of a Greek default and a Fed rate hike have sent investors panicking for the nearest exits. But, will they buy the news? Who knows, but they should.

In his latest piece, Robert Kleinschmidt, CEO and CIO of Tocqueville Asset Management, looks at how private equity has gained cachet among investors over the last few decades. He discusses the tendency of the investing public to view it as a "new" asset class, but notes many of its limitations can be seen as reasons the public equity markets were created.

In his latest piece, Robert Kleinschmidt, President, Chief Executive Officer and Chief Investment Officer of Tocqueville Asset Management, looks back at the last year and the "remarkable" lack of impact that many economic and political events had on the markets, despite the "dire rhetoric" surrounding many of them.