Chemist29

How to Invest in Private Equity Through Public Markets

AINV and ARCC are best of breed for sure, as evidence by being able to raise funds near NAV, however ACAS and ALD are in much worse straights (still in technical default). Whether or not they survive is speculation, although might be speculative plays.

Financials Offer Patient Bulls Many Opportunities

This is a financial meltdown in magnitude just like the early 90s, and late 90s, right on schedule. No reason to believe they wont bounce back quickly just like they did back then. Maybe its not the bottom, maybe it is. I got bac at 42, wb at 33, and citi at 25. Citi's the riskiest probably, if it goes down more I'll just buy more. The economy will bounce back, too many doomsday armageddon predictions. Earnings will be fine once the major losses are done being written off, which is presumably already priced into the stock at this point, no?