Diameter Capital

“We think that the non-discretionary moves are about three million of the four million. Which means we only have a million homes per year where people are saying, hey, I got a better job in Cincinnati. I'm taking it.”

“Direct lending, which is a big part of what we do now, got very hyped up. Everyone's saying, oh, you have to do it, whether it's allocators, investors, GPs. And now has gone all the way to the point that people are so afraid of it. They miss what's great about…”