This podcast episode explores Oaktree Capital Management's experience during the 2008 financial crisis, highlighting their unique perspective as a distressed debt investor. The firm's disciplined approach allowed them to capitalize on opportunities while others were fleeing. The episode also discusses the current state of the private credit market, the importance of staying ahead in the business landscape, the rise and fall of collateralized loan obligations, the upcoming transition of leadership at Oaktree, the potential impact of a recession on private credit, the Federal Reserve's interest rate policy, the impact of high interest rates on the housing market, and the speaker's educational and professional journey. Valuable advice is also provided for recent college graduates interested in a career in finance or credit. The hosts introduce the show's focus on deal making across sports, media, and entertainment.
