Leveraged PE vulnerable to market dislocation
The discussion raised the risk that highly leveraged private equity portfolios are vulnerable to a financial market dislocation that could cause an EBITDA-driven margin call on debt.
Keep reading this one
You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.
The story so far
CONTESTED · 159 MENTIONS · 95 EPISODES · 34 SHOWS
24 JUL 2025 — 26 AUG 2026 · YESTERDAY
89 SUPPORT · 34 CHALLENGE · 2 REPEAT · 34 MENTIONED
- THE ACQUIRERS PODCAST
53 EPISODES BETWEEN · 84 MENTIONS · 35 NOT KEPT
- 35 EPISODES NOT SHOWN
- ANIMAL SPIRITS
- THE ALPHA EXCHANGE
- FORWARD GUIDANCE
- THE COMPOUND AND FRIENDS · 2 MENTIONS
- THE POMP PODCAST
- THE JULIA LA ROCHE SHOW
- ANIMAL SPIRITS · 4 MENTIONS
- REAL VISION DAILY BRIEFING
- THE KNOWLEDGE PROJECT
- THE COMPOUND AND FRIENDS · 3 MENTIONS
- THE POMP PODCAST
- THE ACQUIRERS PODCAST
- EXCESS RETURNS · 2 MENTIONS
- MACROVOICES
- BUSINESS BREAKDOWNS · 3 MENTIONS
- THE COMPOUND AND FRIENDS
- GOLDMAN SACHS EXCHANGES · 6 MENTIONS
- Private credit's illiquidity premium
- Private credit's software exposure: insulated by credit structure
- Retail private credit outflows: contained, not systemic
- Caution on software ARR loans
- Institutional private credit: opportunity as spreads widen
- Junior capital strategies to benefit from refinancing needs
- THE MEMO BY HOWARD MARKS · 2 MENTIONS
- ANIMAL SPIRITS
- THE RATIONAL REMINDER PODCAST · 3 MENTIONS
- EXCESS RETURNS · 3 MENTIONS
- MONETARY MATTERS WITH JACK FARLEY · 2 MENTIONS
- CAPITAL ALLOCATORS · 4 MENTIONS
- THE JULIA LA ROCHE SHOW
- GOLDMAN SACHS EXCHANGES
- THE ALPHA EXCHANGE
- ANIMAL SPIRITS
- FORWARD GUIDANCE
- ANIMAL SPIRITS
- THE COMPOUND AND FRIENDS · 3 MENTIONS
- ANIMAL SPIRITS
- MONETARY MATTERS WITH JACK FARLEY · 3 MENTIONS
- THE MEMO BY HOWARD MARKS
- FINTECH INSIDER PODCAST BY 11:FS
- MONETARY MATTERS WITH JACK FARLEY
- THE JULIA LA ROCHE SHOW
- THOUGHTFUL MONEY
- GOLDMAN SACHS EXCHANGES
- THE BUSINESS BREW
- EURODOLLAR UNIVERSITY
- THE JULIA LA ROCHE SHOW
- THOUGHTFUL MONEY
- MOTLEY FOOL MONEY
- ODD LOTS
- CAPITAL ALLOCATORS
- GOLDMAN SACHS EXCHANGES
- EURODOLLAR UNIVERSITY · 2 MENTIONS
- EURODOLLAR UNIVERSITY
- THE COMPOUND AND FRIENDS
- THE BEST EVER CRE SHOW
- EURODOLLAR UNIVERSITY
- THE JULIA LA ROCHE SHOW · 2 MENTIONS
- MONETARY MATTERS WITH JACK FARLEY · 3 MENTIONS
- COMMODITY CULTURE
- EXCESS RETURNS
- EURODOLLAR UNIVERSITY
- THE TWENTY MINUTE VC
- Leveraged PE vulnerable to market dislocation · THIS IDEA
- MONETARY MATTERS WITH JACK FARLEY · 3 MENTIONS
- ANIMAL SPIRITS
HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD