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Author Lawrence McDonald Chats With "Motley Fool Money"

The Motley Fool

In other words, there's not a lot of homework and there's not a lot of due diligence, there's not a lot of questions being asked of senior management and that's one of the points in the book. I think it's really important for our watchers and readers and listeners right now. Deidre Woollard: I think that's really true.

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Private Credit, Meet “Higher for Longer”

Blackstone

From March 2009 when the S&P 500 traded at 13x earnings to August 2020 when it peaked at 23x, a passive investor in the market earned 16% per annum. During the QE era, market multiples worked in tandem with earnings growth to produce historic returns. 12 Of course, not all private credit is created equal, as Jon discusses below.