Mauro

[Mauro @brazmass13]

@gnoble79 If you were Peter Lynch’s assistant , you should be analyzing non accruals , defaults , distributions for the bdcs to give an analytical view rather than just spit media narrative without fundamentals

[Mauro @brazmass13]

@cate_long @SecScottBessent Yet JP Morgan is starting a new private credit fund lol

[Mauro @brazmass13]

@gnoble79 George - didn’t people read the sub docs .. it’s an illiquid product .. can’t make 8-10% a year and have liquidity when liquid bonds pay 5% .. never heard of a liquidity premium ?

[Mauro @brazmass13]

@OfcMarshmallow @CorneliaLake But also like kkr, bx , apo equities here .. own all of them . This will be the same easy money that was made 3 years ago if you bought the blue chip office managers when Silicon Valley bank went under and everyone said office was going to zero lol

[Mauro @brazmass13]

@OfcMarshmallow @CorneliaLake Alt value - thanks for your insights .. have the same views , good to have facts instead of unfounded panic comments just for clicks .. have a big position in owl for the 10% div and 70-80% upside from my 9.10 avg price

[Mauro @brazmass13]

@BobEUnlimited Bob - seem confused .. 5% quarterly liquidity is on page 1 of sub docs .. nobody gets 10% yield when liquid bonds pay 4-5 and you give up nothing .. no free lunch

[Mauro @brazmass13]

@CorneliaLake In 2023 when a few banks went under .. markets panicked saying office managers were going to zero , global financial crisis .. bought slg/vno during the panic , 3x investment 16 months later .. same situation here regarding alts .. could be wrong but i doubt it

[Mauro @brazmass13]

@CorneliaLake Like the entire industry at these multiples .. 3-5 years all the big boys including owl will be significant higher .. alts aren’t going away .. like I said I own all 3 and also some kkr another recent buy

[Mauro @brazmass13]

@CorneliaLake Just bought owl and apo and bx . Owl is yielding 10% yield and and I can see it going back to 15-16 a share , almost 100% upside plus 8-10% div while you wait .. Apollo is great , safer investment so is ares , but way less upside .. maybe 30-50%

[Mauro @brazmass13]

@CorneliaLake Otf is 8 billion .. not big , 1/4 of Ocic ..where do you see owl is fcf negative ? It’s an asset light business .. thy did 1.3b fcf Ltm and management guides similar fcf for 2026

[Mauro @brazmass13]

@CorneliaLake Also as long as owl and the owl and the other big players don’t have Credit issues which so far none have .. and distributions remain at 8-9% people will forget this and go back to PC

[Mauro @brazmass13]

@CorneliaLake Again Ocic goes away 10% of the assets , let’s day they have to cut the 10% yield by 10-15% even 20% .. at this price stock would go up 20-30-40%

[Mauro @brazmass13]

@CorneliaLake Simple .. Ocic is 10% of blue owl assets biggest retail product by far for owl.. assume that went away .. the stock is Down 60-70% from its highs .. well priced in .. really think the founders are getting margin called ? Come on ..

[Mauro @brazmass13]

@CorneliaLake Blue owl posted that information. .. lol .. not my research ..

[Mauro @brazmass13]

@TrumpDailyPosts Could be this a ceasefire hint

[Mauro @brazmass13]

@elerianm Why is it trapped ..investors knew of the 5% limit ..funny that JP Morgan , db, BofA are all starting private credit funds now .. that must love cockroaches

[Mauro @brazmass13]

@LanceRoberts Want full liquidity buy a 6% b-ccc hy bond

[Mauro @brazmass13]

@LanceRoberts Agree 100% .. you get a diversified book of loans 400-800 positions , riskier names but again yin are getting paid 8-10% of course some will have issues , the other 95% will be fine and the interest earned makes up for some bad loans .. again this is a long term investment

[Mauro @brazmass13]

@Trade_Guardians @Barchart If you remember 2023 Blackstone gated their real estate fund .. nothing happened ..