Well, you can achieve the same performance in the last 3 years with a broad etf portfolio.
"They lend money to high-growth companies"
Well, ask yourself why the company collects more than any major bank and why these companies are happy to pay more than the prime rate...
What's more:
If interest rates fall -> good night.
"They lend money to high-growth companies"
Well, ask yourself why the company collects more than any major bank and why these companies are happy to pay more than the prime rate...
What's more:
If interest rates fall -> good night.
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@DonaldTruck High interest rates are also double-edged for BDCs. More interest income but the debtors come under stress 🤷🏻
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