adverse selection
2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Jul 26, 2021 by Doug Ostrover · across every show →
Everything said about adverse selection, oldest first
Jul 26, 2021 negative
Closed-End Credit Funds Suffer Adverse Selection From Early Refinancing
“The problem, if you think about it, think about the loans you make in years three and four. Usually they have a year or two years of call protection. A lot today have only a year. So what happens is if a company does well, they refinance you out. And so you ha…”
May 11, 2026 positive
The historical stigma of adverse selection in managed accounts has faded
“What's happening now is given how easy it is for both the manager and the source of capital to have a managed account relationship, the availability of talent that is participating in running managed accounts, this whole notion of adverse selection has been di…”