Sublime
An inspiration engine for ideas
Oaktree’s investment philosophy doesn’t prohibit having opinions, just acting as if they’re right.
Howard Marks • Sea Change
Private Equity Titan: Thoma Bravo
Thoma Bravo is one of the world’s leading private equity firms, with $138 billion under Management.
The Secret Sauce of Thoma Bravo: https://t.co/n3ZXtmN0CA
Embracing Paradox
Exploring the balance between opposing principles in investment, such as trust versus skepticism, patience versus urgency, and transparency versus confidentiality, emphasizing the importance of harmony in decision-making.
static1.squarespace.com
Each quarter we try to study an admirable company and discuss it with our Operating Group managers and board members. We focus on high performance conglomerates that have demonstrated at least a decade of superior shareholder returns.
Ryan • Mark Leonard Letters
Enjoyed the River Oaks Capital H2 2023 Letter:
h/t @Whit_Huguley
https://t.co/DP3n5jscjJ https://t.co/clRbWAgFgS
Just learned Akre Capital Management holds semi-annual investor calls where they answer questions about their current holdings & investment philosophy
Replays of the calls starting from 2021:
https://t.co/RBQ4GCtz9p
h/t @Anrosenblum @goodinvestingc https://t.co/bj59Po3DpJ
Talk about concentration
Bruce Berkowitz’s portfolio https://t.co/LJCbMtZbbr
“In the decade before 2022,” the Oaktree authors lead off, “many sponsor- backed companies financed leveraged buyouts by borrowing heavily in the broadly syndicated loan and private cred- it markets—and the majority of this debt had floating rates.” Naturally, the 500 basis-point jump in reference rates spells higher borrowing costs for the... See more