We interview and study famous financial billionaires, including Warren Buffett, Ray Dalio, and Howard Marks, and teach you what we learn and how you can apply their investment strategies in the stock market. We Study Billionaires is the largest stock investing podcast show in the world with 150,000,000+ downloads and is hosted by Stig Brodersen, Preston Pysh, William Green, Clay Finck, and Kyle Grieve. This podcast also includes the Richer Wiser Happier series hosted by best-selling author William Green. William regularly interviews legendary investors such as Mohnish Pabrai and Guy Spier, exploring what they can teach us about how to succeed in markets and life. And finally, our Bitcoin Fundamentals series is hosted by Preston Pysh, where he interviews prominent figures in the Bitcoin and macroeconomic space. To learn more about TIP, you can visit theinvestorspodcast.com or subscribe to our free daily newsletter here. Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
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episode 805: TIP588: Lucrative Opportunities in Private Credit w/ Nelson Chu
On today’s episode, Clay is joined by Nelson Chu to do a deep dive on private credit.
Nelson Chu is an experienced serial entrepreneur and the Founder and CEO of Percent, the modern credit marketplace. After witnessing the inefficiencies in the private credit markets, Nelson was inspired to transform this industry for the better and founded Percent in 2018.
IN THIS EPISODE YOU’LL LEARN:
00:00 - Intro.
02:25 - Why we may continue to see a decline in the use of the 60/40 portfolio.
06:56 - The state of credit markets today.
12:38 - How private credit fits into the bigger credit market picture.
13:16 - What has led to the massive growth of private credit since the great financial crisis.
17:22 - How a typical private credit deal is structured.
22:50 - Why companies utilize private credit in their capital structure.
26:05 - Current interest rates in a private credit deal.
26:26 - Default rates in private credit.
38:40 - How Percent is helping satisfy high demand in the private credit market.
41:23 - How to get diversified in private credit.
52:02 - The most important things to understand prior to investing in private credit.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Check out our newly released TIP Mastermind Community.
- Learn more about Percent.
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- Related Episode: TIP559 Mastering the Market Cycle by Howard Marks or watch the video.
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