mark to make believe
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Mar 18, 2026 by Andrew Ross Sorkin · across every show →
Everything said about mark to make believe, oldest first
Mar 18, 2026 bearish
Sorkin: Private equity and credit both delay markdowns to preserve valuations
“There is a whole sort of universe that I'd put in the category of mark to make believe. And the incentive system is such that you want that mark to make believe to go on as long as possible, because if you are The equity owner, you don't want to mark your mark…”