#16 The Podcast Host
Behind the Balance Sheet
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The Opportunity to Buy Distress Credit at a Once in a Lifetime Price
You've had Ray Dalio on twice. Michael Lewis on three times. Is that four times? Yeah. Well, three times plus I interviewed him at the Inside ETF conference in Florida. And we posted that as a as anETF. As he's incredibly modest when you think about what he's achieved is just extraordinary how humble he is. He reaches out to his limited partners and says, Hey, everything I look at in credit is going to hell. Send me a few billion dollars. The numbers from that fund were like 19%. And it's something insane for distressed fixed income. Again, life is about when opportunity presents itself rising to the challenge and taking advantage of that opportunity.
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