Opinions
Paul Harris, CFA
Apollo Group Inc.
APOL-Q
WAIT
Sep 30, 2021
Asset managers tend to involve alternative assets, mostly private equity, and it's all debt-related. They have huge amounts of money to spend. When it's really great for them is a situation like March 2020. PEs are substantially higher today. Good to own at the right time, which is not now. Wait until the interest cycle changes.
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