Loans
topic on 3 shows · 5 statements across 5 episodes
My First Million 
Capital Allocators 
the a16z Podcast
5 statements about Loans, every show
MA Financial runs quarterly recession war games on all portfolio loans
“We do these things called war games now every quarter where we simulate recessionary scenarios, moderate, severe, and a crisis scenario on all our loans in our book.”
Majewski: 12% of loans paid off at par annually in 2008–2009
“And even in 2008 and nine, on average, 12% of loans paid off at par each year.”
Martin: Deteriorating corporate loans collapse suddenly rather than drifting down
“When loans fall, they don't drift down. Usually they just collapse. They go from a hundred to 80. And if you didn't see that coming, that's a problem. And it can go lower and lower from there.”
Parr: The ultra-wealthy avoid taxes by borrowing against assets indefinitely
“The expectation is that you actually live on those loans forever. Forever. And your estate pays it when you die.”
Consumers prefer taking loans over breaching psychological checking account balance thresholds
“A lot of people have this mental image of they don't want to see their bank account balance drop below a certain amount, and maybe it's irrational, maybe it's not, because they can always borrow money, or maybe they can't, but they'll say, okay, I always want …”