Ep4 "Making Bad Investments Profitable" with Pete Briger
All Else Equal: Making Better Decisions
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Investing at a Slower Pace
When investors don't perceive a lot of risk, ah, you generally get over funded and the opportunity set is dwindling. Jewels was in a sort as we got into a the bad news associated with the pandemic, the markets fell out of bed. And so then you have to really slow down your investment process. You know, at fortress, we don't charge a fees on uncalled capital. So there is a theoretical cost to holding somebody's capital, but it's not in an actual way.
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