bad credit

1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jul 24, 2023 by Kipp deVeer · across every show →

Everything said about bad credit, oldest first

Jul 24, 2023 negative
Insight
Lenders Cannot Effectively Price Bad Credit Due to Asymmetric Downside Risk
“You can't price bad credit. You can try, but you probably won't be right. The thing that's tricky about credit is has a totally asymmetric risk profile. You get paid fees and you get paid a coupon and hopefully you get paid back. If you're wrong, you lose all …”
Kipp deVeer Jul 24, 2023 ▶ 40:17 Kipp deVeer – The World of Private Credit at Ares (EP.329)
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