← Invest Like the BestTrade on Robinhood →Trade on Robinhood →
28:15SHORT
“These things for our industry started, you know, traded between, in let's say early 2010s, call it 10 to 15 times FRE. In 2018, when all this started, it…”
@Invest Like the Best
Factory-model private credit firms face redemptions and reckoning as wealth-channel mismatches surface, hitting their stocks.
BXSHORT@ $114.47
$127.52-11.40%
since call Apr 8
37:01LONG
“I don't think this is a systemic issue yet for two reasons. One, we're only 5 years into this, so it's early. And the secondly second thing, at least for now,…”
@Invest Like the Best
Private credit dislocation stays contained, not systemic, because the economy is strong and the channel is only 5 years old.
BXLONG@ $114.47
$127.52+11.40%
since call Apr 8
peak +18.8%
TIMESTAMPS
28:15
37:01