Apollo's President was asked about stress in private credit on Feb 9.
He said:
“Pebbles.”
43 days later, investors who asked for their money back got 45 cents on the dollar.
I read 38 earnings transcripts to understand how that happens.
If you do not know which side to pick, consider this.
Israel hit military sites in Iran.
Iran hit civilians in Tel Aviv.
It is good VS evil, and there is no gray area.