Sheldon Stone

person on 1 show · 2 statements across 1 episodes · said 3 times in 1 episodes since 2025

Capital Allocators 3

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Capital Allocators 3

2025 3 mentions in 1 episode

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2 statements about Sheldon Stone, every show

Howard Marks: Oaktree records remedial debt exchanges as defaults
“When we do what Sheldon Stone called a remedial exchange, we mark that down as a default.”
Howard Marks Apr 7, 2025 ▶ 31:54 Howard Marks – Navigating Private Credit (EP.439)
Howard Marks: Private credit offers no liquidity once an investment is made
“If you buy a private credit and you change your mind, you shouldn't be able to expect to sell it. As my partner, Sheldon Stone, who's been with me for 42 years now, he was my first analyst at Citibank. He says there's no eraser on the pencil, which is, I think…”
Howard Marks Apr 7, 2025 ▶ 25:19 Howard Marks – Navigating Private Credit (EP.439)

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