Apollo's CEO on Real Estate, Banks, Markets

[@LionMentality1982]

Marc Rowan: "Alternatives are Not an ATM" That's a classic line! lol

[@clifftanch]

His central thesis is the regional banking model may be broken. That's a pitch for private credit from a shop like his. Whether he is right or not deserves more probing questions. A guest like this needs to be pushed further, someone with more Markets experience and occasional flashes of skepticism. Someone like the late Mark Haynes.

[@CyberLA_Rudy]

Sharp guy 👍

[@vikingspud]

Take a shot every time he says "at the end of the day"

[@cmejia305]

Where can I apply for a job, seems like a great boss!

[@Shoeless_DA]

There are some smart people out there.

[@travioshamilton96]

Most people are taught that "you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.

[@beastplug4346]

It’s very fascinating how the language and understanding of money & labor can be made so complex that only a small few can grasp and truly benefit from the way it works

[@Stoneface_]

Well Marc was working in high finance for years before eventually founding his own company and that's Apollo Global Management. We can do the same. Work in a high paying job and after few years, when you finally amassed some wealth, leave and found your own company. There's no guarantee that your company gonna succeed but that's what many rich people have done...

[@clifftanch]

To say HNW investors will be 50% in alternatives in five years is clearly self-serving for Apollo.

[@JG-re2bb]

aint gonna happen ... keep dreaming Rowan

[@smeff099]

Socialization of risk, but you want to keep most of the profits.

[@bradleyhasse5220]

"I would love to be a fly on your wall this weekend." She thirsty af 😂

[@user-wt6zf4ek9k]

Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.

[@oliviaHill-w4e]

Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

[@laszlolee]

Market uncertainties have taught me the importance of avoiding making judgments and decisions based on rumors and hearsay. In 2020, my reliance on such information led to me holding onto positions in real estates, housings that proved to be worthless, necessitating a complete overhaul of my portfolio with the guidance of a licensed consultant. It was only after this intervention that I began to see significant results in my portfolio. I have continued to work with the same advisor and have achieved an 850k scaling within a two-year period, irrespective of whether the market is bullish or down. The key to profitability lies in knowing where to focus one's attention.

[@laszlolee]

@Mark Lofgren My Financial adviser is ‘’Susan Bauer Normansell’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@danielmarquardt4341]

15:43 the background laugh: the sound I make when reflecting on the loss realized by the counterparty to my profitable closing trade

[@KombatFlix]

Sonali 🔥

[@rhmcvay]

Given the shortage of affordable housing, why not convert commercial real estate to mixed-use residential properties?

[@FezTheBlockchainDev]

zoning

[@BK-ce3yg]

There are a few reasons. One reason, that has not been mentioned yet, is the floor plan of high rise office buildings. From the core of each floor to the window, tend to be much farther than a normal apartment building. You need AT LEAST one window per unit. It would be vary hard to do that in an office building. The unit would have to be very narrow and long, and most of the rooms would have to be windowless. There are some office buildings that would be suitable for a conversion but not really any high rise you see downtown. Hope that made sense!

[@JG-re2bb]

its often impractical to try to do given build out costs. You are better off razing the building and starting from scratch

[@adoyle3]

It'll happen. It'll be a necessity.

[@scottpetty4568]

Any bets that we are about to spend 2-3 years listening to a drum beat of very scary things coming out of private credit?

[@justin3168]

Didn’t they buy some credit suisse?

[@1981Frederick]

When he say usa is the best place and the envy of the world for credit acces, that it's for business and tycoon, but for blue collar worker, usa is a aberation where poor can't acces bank account and have to deal with predatory institution like payday counter to deposit a paycheck with high fee. In Canada, it s not uncommon for a 12 years old to have his own bank account.

[@in4mationplug]

Just found out about HELOC and for some reason i ended up here trying to research the housing market lol

[@ginorusselwilliams9461]

This man ran around the questions.

[@hamm24]

The media is targeted at Low IQ Audiences, if you don't like the news go read a book😂😂😂

[@JG-re2bb]

wish the interviewer had asked better follow up questions

[@ginorusselwilliams9461]

@@JG-re2bb agreed.

[@ginorusselwilliams9461]

@Chad Abercrombie True.

[@GeneralHensaleey]

The banking system is too busy 😆

[@ESGisascam]

wow - what a guy. he would love to support the banking system by buying assets. so, like, apollo is now a charity?

[@bmwlane8834]

Blackstone is walking away from loans on Real estate......as in defaulting. The world would be a better place if private equity went away.

[@BK-ce3yg]

The world would not exist as we now know it, if private equity was not around. However, I do agree that big/powerful funds like a Blackstone can do significant harm. They’re too big to fail and we know how that ends (07-08)😅

[@adoyle3]

That's what you're supposed to do. Don't throw good money after bad.

[@nikgarcia2823]

Comercial Real Estate vacancy is a blessing in disguise, we have according to most experts a 6 Million home shortage add the 5+ Million Undocumented from Democrats open border plus another 5+ Million over the last 2 years of Biden, means we can convert to apt, loft etc, as no one likes to go into the office, it terrible for the environment, bad for children & parents relationship. The modifications can be done quickly with the right tax incentives & if local government building code regulations are reformed quickly. Before the next Trump Boom 💥 ✨⭐🌟💫🌞 May The Force be with US

[@janosik150]

wow legs!

[@capitocapital]

The first part of the banking crisis is over? That was a quick one... then we just need all the bad CRE loans to be redeemed at par and move on. Easy-peasy...

[@raheelakhtar7]

Is this guy AI-generated? No soul, no emotion, just words coming out.

[@laozi3413]

One of these big private equity groups is gonna go bankrupt. What are LPs gonna do when Apollo can’t keep marking up their private assets? The risk is not in public market assets already marked down. It’s in these opaque private funds.

[@wanderingquestions7501]

The USA isn’t the envy of the World anymore. If so, the World would not be de-dollarizing. The Saudis would not be abandoning the Petra-dollar. The BRICS gdp has now passed the G7 w/ 12 countries queued to join

[@ginorusselwilliams9461]

@Wandering Questions Exactly. Well stated.

[@SpaceTravel1776]

You’re conflating two very different things. You’re suggesting that Saudi Arabia wouldn’t want the US economy because Russia can’t trade in dollars? What are you smoking? Try reading a book or something.

[@ssuwandi3240]

My money will be on BRICS and maybe one of G7 with the least exposure of Industry 4.0 / Stagflation.

[@Bigchuckers]

Using Dollars was never about envy.

[@Kurplode]

Lol, the only country with decent GDP in BRICS is China. Everyone else is terrible. Hell, even Texas has higher GDP than India. If anything, all of those countries will bow down to China and India will not like that.

[@iTour6]

The way this guy is SELLING his firm is LAUGHABLE!!! When you think about it, a Billionaire CEO that is trying to lure in high net worth investors saying things like "The return is just so high" or "I would rather play our hand" is a joke! It's never enough for him to make the Billions he's made instead he wants to grow even bigger! LOL Greed is part of human nature i guess! He's also a bit fake! I definitely wouldn't trust him with my own money!

[@iTour6]

"The reason for no new toys is the UPSIDE from simply Executing the business plan that's infront of us is so HIGH that the price of distraction is just very hard to contemplate" LOL!!!! He's singing music to my ears!!! HAHAHAHA!!!

[@iTour6]

“Forunately there’s plenty for us to do” 8:11 with a smirk on his face! 😂

[@americandosx1815]

U LIE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! This CEO is dropping Gems💎💎💎💎💎💎💎💎💎

[@georgekazanchyan4976]

These people talk like interest rates are going to stay at the current level permanently or a long time. In a year or two interest rates will fall and banks and real estate will be fine, or maybe a little problems but not to a degree of second phase problems.

[@JG-re2bb]

this guy is smug asf

[@509travel8]

Dimon is lying and he knows it.