The Ledger, every show

Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.

shows every show 44 of 44
every show
clear all ✕
CAPITAL ALLOCATORS Prediction Not checkable as stated
Lasry: Federal Reserve focus will shift from inflation to recession
“I will guarantee you the focus of the Fed is not inflation, but is the recession.”
Marc Lasry May 15, 2023 ▶ 48:25 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Prediction Held up
Lasry: Private equity will not return 15-20% over the next three years
“Today, you can make loans at 12 to 15%, because nobody else is making them, and you're senior and you're secured, but I don't think private equity over the next three years is gonna make you 15, 20%, and if it does, that's great,”
Marc Lasry May 15, 2023 ▶ 35:55 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Lasry: Mega-firms like Ares and Oaktree now rely on bank leverage
“What you're finding is the larger firms, whether it's Aries, Oaktree, will go out and end up doing these bilateral deals, and they'll end up using the leverage from a bank To generate the return. So I think, I would tell you, 10 years ago, people didn't really…”
Marc Lasry May 15, 2023 ▶ 41:00 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Prediction Held up
Lasry: Bank lending pullback will last 1 to 3 years
“However, the fact that they're not lending and banks aren't lending, that's going to be a year or two years, or maybe even three years.”
Marc Lasry May 15, 2023 ▶ 48:16 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Assertion Supported
Lasry: In 1988, $150M was the world's largest distressed fund
“In 1988, we were the largest distress fund in the world with one hundred and fifty million dollars.”
Marc Lasry May 15, 2023 ▶ 13:47 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Lasry: Sports franchise lending offers ~20% loan-to-value ratios
“I think you can lend at around a 20% loan to value, which you can't find anywhere.”
Marc Lasry May 15, 2023 ▶ 50:38 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Prediction Not checkable as stated
Lasry: Women's sports will grow exponentially
“And what I want to do is get involved in women's sports. I think that is going to grow exponentially.”
Marc Lasry May 15, 2023 ▶ 50:47 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Assertion Not publicly verifiable
Lasry: R.D. Smith bought Lionel claims at 20 cents before 80-cent payout
“They were paying 20 cents for claims, and under the plan of reorganization, we were paying them 60 cents for cash and 20 cents in stock.”
Marc Lasry May 15, 2023 ▶ 11:24 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Lasry: Cowen distressed group posted 70% and 60% consecutive annual returns
“I mean, we were up our first year 70%. So 70% on fifty million is Thirty-five million dollars on five hundred million, which is what they were doing. It was a lot of money. And the following year, we were up 60%.”
Marc Lasry May 15, 2023 ▶ 13:04 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Lasry: Doubled proprietary capital annually for five straight years starting in 1990
“It was about 5,000,010 million. But we doubled the money every year for about five years, and that's how we started Avenue.”
Marc Lasry May 15, 2023 ▶ 16:12 Marc Lasry – Avenues of Opportunity (Capital Allocators, EP.315)
Made with StarZero

Turn any episode into a week of clips.

This entire site, thousands of episodes across every show transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.