bad vintages
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 20, 2023 by Dan Ivascyn · across every show →
Everything said about bad vintages, oldest first
Feb 20, 2023 neutral
Ivascyn: Allocators tend to pull back right when opportunities peak
“You're going to have bad vintages. When the bad vintages occur, it's like cat risk. You get the best opportunities on a go-forward basis, but allocators tend to get scared away, or boards tend to get scared away at precisely the wrong time.”