@ThierryBorgeat No need to draw the wrong conclusion. No institution is borrowing against risky "carried interest". In my experience, before you get a "carry loan" the fund must have returned at least 50% of the money. The problem here is that funds ususally pay carry once 80%+ are liquidated.
@tombuduk Ich habe Fragen... Wir haben während Covid 3 Monate in den Alhaurin Bergen gelebt und überlegen wieder von Madrid Richtung Andalusien zu ziehen.
Darf ich Dich mal eine PM senden?
@Secrets4stocks 1) The market wants a dividend from those companies - OKEA is stuck for another 12-18 months without dividend = huge discount
2) I would consider the "asset retirement obligations" in the EV calc as well. In the end it is a future liability.