Peter Troob
12 statements across 1 episodes · 1 bullish · 6 bearish · 1 people on the record · first statement Jul 2, 2018 by Peter Troob · across every show →
On the record as a speaker too: Peter Troob's record, appearances and statements → this page counts the times other people say the name.
Everything said about Peter Troob, oldest first
Jul 2, 2018 negative
Junior Investment Bankers Toil in Obscurity for $15 an Hour
“For a young investment banker, which I was at the time, it's really just about a coming of age of realizing that the emperor has no clothes, Realizing that you're toiling in obscurity, probably for less than 15 dollars an hour, even though you thought you were…”
Jul 2, 2018 neutral
Distressed Debt Investors Must Target Sub-$20M Deals for Deal Control
“The large guys have a big advantage right now. They really get the look at a better deals, and they get to structure them themselves. You have to go pretty far down the curve, maybe sub-twenty, sub-fifteen million dollar kind of investments where they don't ca…”
Jul 2, 2018
Jul 2, 2018 bearish
Mega Distressed Funds Outcompete Smaller Players via Capital Duration
“The very large players, I mean, the ones with north of 10, twenty billion, even bigger than that, they just have longer term assets, they can make structurally interesting decisions, and they can both wait you out and buy you out in, like, rights offerings whe…”
Jul 2, 2018 neutral
Troob Exits Credit Positions When Mega-Fund CDS Manipulation Battles Emerge
“I've smelled it in a couple things I've been in. I get out of the game. I will get run over. I can't play that game. It's, I'm not nearly big enough to deal with it, and so what I do is I just allow the big guys to beat each other up, which they're doing, and …”
Jul 2, 2018 negative
Passive Distressed Debt Investors Underperform Lead Investors by 500 Bps
“I think any one year can come out differently, but I think over time you're going to get high single, low double digit returns out of the control leader, and you're going to get 500 basis points worse out of the other guys over time, because what they'll get c…”
Jul 2, 2018 neutral
Banking Regulations Create a Void in Sub-$15M Growth Financing
“Because of regulation, and because of the way the regional banks and the community banks have to deal with regulation, there is a Real void of when companies, entities need money, again, in the sub-fifteen million dollar space, and nobody really cares. A compa…”
Jul 2, 2018 negative
In Brokered Investment Deals, Lacking the Last Look Means No Look
“Once you get into a brokered situation, it's not that it's bad, but if you don't get the last look, effectively in my world, I think of you get no look. It's like the Ricky Bobby quote, right? If you're not your first, you're last. Right. And the problem is th…”
Jul 2, 2018 negative
Jul 2, 2018 neutral
Jul 2, 2018 bullish
Revenue-Based Venture Lending Generates Nearly 30% IRR Over Two Years
“And what we're finding now out in the venture capital world is they will take a million dollars, let's call it 2,000,002 million dollars, and give you one and a half times your money, three million, back in two years, paying you monthly off of revenue stream. …”
Jul 2, 2018 negative
Paying Hedge Fund Fees for Mega-Cap Tech Stocks Is Not Valuable
“And I know this is not the greatest thing to say, but being in the hedge fund business for all these years, it's interesting how few hedge funds I give money to. And it's not because I don't want to. It's that the market's gotten more efficient. There's a lot …”