Canyon’s Friedman Spots ‘Mistakes’ in Frothy Markets

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  • Опубликовано: 16 июл 2024
  • Jun.02 -- Hedge fund pioneer Josh Friedman has seen it all before, the breakdown of market discipline, and the inevitable bust that follows. Today, the co-founder and co-CEO of Canyon Partners sees “mistakes” being made in the aggressive bids by private-equity firms and SPACs. In this interview, he discusses the nature of distressed-debt investing, explains why Canyon focuses on higher-return strategies than many of its larger peers, reflects on the origins of the firm, shares his views on philanthropy, and reveals his rationale for moving to Dallas from Los Angeles. Friedman spoke exclusively to Erik Schatzker on Bloomberg’s “Front Row.”

Комментарии • 61

  • @ChristopherBrewer8
    @ChristopherBrewer8 3 года назад +1

    One of the best interviews yet. Thanks Erik

  • @bradleywubyrne
    @bradleywubyrne 3 года назад +1

    Very insightful interview!

  • @denton1972
    @denton1972 2 года назад

    One of the best interviews of Josh Friedman in cyberspace. It would be great to have a similar interview with Mitch Julis.

  • @amilton1015
    @amilton1015 3 года назад

    Great conversation. Thanks

  • @samsonhardy7635
    @samsonhardy7635 3 года назад

    Thank you for the video I watched it with joy. Release videos more frequently, I can watch new ones

  • @alexfreniere2306
    @alexfreniere2306 3 года назад

    Bravo. Great interviewer and interviewee.

  • @Renould2010
    @Renould2010 3 года назад

    Great interview, Great Dialogue., 👏👏👏👏👑💎💯

  • @eslerfinancialtechnologies5458
    @eslerfinancialtechnologies5458 2 года назад

    Brilliant guy

  • @gdc8403
    @gdc8403 3 года назад +1

    The economy was not strong b4 CV19 - FED had already cut interest rates 3x before that and the rest of the world was also in a global slowdown

  • @BradKaellner
    @BradKaellner 3 года назад +2

    Can you cultivate patience while everyone else seems to be making money hand over fist? Inaction may be the ultimate contrarian move right now

    • @networth8754
      @networth8754 3 года назад +2

      I am completely out of stocks moving both 401s in Money Market for capital preservation. At nearly 40 x earnings a correction will follow. No fixed income alternatives at this time just sitting on the sidelines. May CPI report may tell us something and I believe interest rates will have to follow.

    • @innocentiuslacrim2290
      @innocentiuslacrim2290 3 года назад

      I am moving assets towards more rational valuations. Something in China and something in Europe. Some short term bonds (basically low yield cash alternatives).

  • @networth8754
    @networth8754 3 года назад

    Another CA firm relocating to TX. Good decision.

  • @robinwhite-gough3331
    @robinwhite-gough3331 3 года назад +28

    Because of the economic crisis and the rate of unemployment now is the best time to invest and make money 💯

  • @henryclinton9317
    @henryclinton9317 3 года назад +10

    As much as I've invested into real estate, I love to diversify into other finance markets and profits have been steady. For a long while, I've made several successful trades through the services of my fund manager and gotten great directives from her as well.

    • @lucythompson5841
      @lucythompson5841 3 года назад

      An absolutely genius strategy... progress seems much more efficient while utilizing all resources at your disposal. Good one

    • @henryclinton9317
      @henryclinton9317 3 года назад

      I invest with Jessica Lee Aquiler , a professional equities trader I got referred to . Been in business with her for about 5 weeks now. In the entire time, I've made a total of $350,000 with an investment of $60,000 initial investment. Her experience at handling random market trends and making the best use of risky situations. An all round expert and highly recommended too.

    • @henryclinton9317
      @henryclinton9317 3 года назад

      search her name on web to reach her through her website

  • @williamkim5016
    @williamkim5016 3 года назад

    These times are just practice, preparation and orientation for Andrew Yang’s earth-shattering “Freedom Dividend” which will supercharge the economy, small business, entrepreneurship and the arts!

  • @bonaku20
    @bonaku20 3 года назад +4

    Vultures?

    • @erikig
      @erikig 3 года назад

      Cycle of life applied to commerce

    • @Stoneface_
      @Stoneface_ Год назад

      Yep. They're debt investors. They "invest" in companies that are about to die. And make huge returns

  • @PM_2066
    @PM_2066 3 года назад

    Buy Cisco

  • @mrpmj00
    @mrpmj00 3 года назад +1

    Stocks for the next 5 years: Amazon, Apple, Facebook, Twitter, Nvidia, Microsoft, Netflix. Disney and Wells Fargo for the recovery.

    • @imthebestdirector
      @imthebestdirector 3 года назад +3

      who pays you?

    • @Stoneface_
      @Stoneface_ 2 года назад

      How about now? NFLX down 75%, $AMZN, down over 30%, $NVDA as well lol 😆 🤣