While gross returns are interesting, they are quite deceiving as I pointed out last year as you have a lot of charge-offs with these consumer loans. The number that matters is what you get to keep after all the fees, charge-offs, etc. So lets take a look at our 2022 results below:...
My opinion is to look for "risk free" opportunities during the next months. Looking at liquidity in the world it seems as there's a problem with leveraging positions. Private equities (as KKR or Blackstone) have too much credit and this results in a debit/credit too risky in the long te...
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