SK

Steve Klinsky 5.0 2 ideas

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Per mention Per thesis
ⓘ First mention per (ticker, direction)
Layout Default A B C D
Total Picks
2
2 long
Avg YTD
equal-weighted
Best Performer
Worst Performer
Winrate 30d
Theme:
Stance:
#TickerNameStanceConvEntryP&L YTDThemeThesisFirst MentionedSrc
1 BIZD VanEck BDC Income ETF LONG HIGH $13.12 Fintech Private credit is an oversold asset class due to misplaced fears such as AI dest… Apr 22 YOUTUBE
2 PSP Invesco Global Listed Private Equity ETF LONG MED $62.71 Fintech Private equity is not going bust; exits have been slower due to uncertainty but … Apr 22 YOUTUBE
Positions
TickerDirEntryP&LDate
BIZD LONG $13.12 Apr 22
PSP LONG $62.71 Apr 22
Private credit is a buying opportunity.
Private credit is an oversold asset class due to misplaced fears such as AI destruction and cockroach loans (which were bank loans, not private credit), and default rates are low (1.5%) compared to the discounts priced in, making it a buying opportunity similar to post-Lehman opportunities.
BIZD HIGH CNBC Apr 22, 13:42
Private equity is a buying opportunity.
Private equity is not going bust; exits have been slower due to uncertainty but are poised to increase with a long lineup of companies ready to sell, and historical marks have been fair, making it a good time to invest.
PSP HIGH CNBC Apr 22, 13:42
Steve Klinsky | 2 trade ideas tracked | BIZD, PSP | YouTube | Buzzberg