The Big Picture

OCTOBER 21, 2024

Brian Higgins has put together a amazing track record handling distressed and stressed debts, as well as other forms of credit real estate collateralized obligations. So for example, if things go quite wide and spreads where they can trade 10 bond points wide, being able to buy on the bid side versus the as side. It was formed in 1995.

Hedge Funds 59

Hedge Funds Banks Finance Financing 59

The Big Picture

SEPTEMBER 26, 2023

Not, not terribly busy in 2007 to be honest, but in 2008, 2009, 10, it was by far the busiest time in my career in investing. There would’ve been no bid. But for you guys, there’s no bid. 00:06:15 And I was fortunate to find a seat in that group and invested, you know, very steadily in, in 2007.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

The Big Picture

SEPTEMBER 5, 2023

MILLER: The collateral won’t be adequate in our view. And then he left in 2009. Leading indicators would be contract activity and listing inventory, sort of transaction-based rather than price-based. Or could, would, or wouldn’t be. And that doesn’t happen when mortgage rates double, right? ” MILLER: Yeah.

Taxes 52

Taxes Banks Resale Accounting 52

The Motley Fool

MARCH 25, 2025

The more investors that buy the stock, the higher its price gets bid up, enabling even more purchases in a self-sustaining cycle. Because the company finances some of its purchases with debt, there is a price of Bitcoin beneath which the company's assets will be insufficient collateral from the perspective of those who loaned money to it.

Investing 130

Investing Collateral Debt Finance 130

The Motley Fool

FEBRUARY 12, 2025

And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, youd have $344,352 !* As our efforts to reduce servicing costs improved our bids, we shifted energy to a series of enhancements to our platform. Apple: if you invested $1,000 when we doubled down in 2008, youd have $44,103 !*

Leveraging 130

Leveraging Assets Portfolios Banks 130

The Big Picture

NOVEMBER 25, 2024

And so graduating right into 2009, right out of the financial crisis, I said, I don’t think I’m gonna get a job. It just seemed to be, oh, there someone got liquidated and had to sell immediately, sell down a large levered position, and oh, there’s someone who couldn’t meet a collateral call.

Returns 59

Returns Mutual Funds Hedge Funds Leveraging 59