Matt and Katie talked in March to Boaz Weinstein of Saba Capital Management about his tenders for OBDC II and SREIT, semi-liquid fund liquidity, reflexivity, the lure of permanent capital, private credit NAVs, public vs. private BDC discounts, preserving brand value, volatility laundering, howling at the moon, bowling and, why not, DATs.<br>You can also watch this episode on YouTube.<br>See omnystudio.com/listener for privacy information.

Re-Run: Boaz Weinstein

Money Stuff: The Podcast

[SPEAKER_15] Amazon Health AI presents Painful Thoughts.

[SPEAKER_12] I, um, I can't stop scratching my downtown. Mm-hmm. Yeah, but I'm not itching to go downtown and tell a receptionist I'm here to talk about my downtown. Some things you'd rather type than say out loud.

[SPEAKER_15] There's no question too embarrassing for Amazon Health AI. Chat your symptoms and get virtual care 24-7. Healthcare just got less painful.

[SPEAKER_09] Thinking about selling your car? Get a real offer worth real money from CarMax. Then take seven days to think it over. That's it. No haggling, no hassles, no pressure. Get all the details and a real offer today at CarMax.com. Want to drive? CarMax. Wait!

[SPEAKER_14] I came in for two things. How is this $47? All right. We're gonna need a plan here. Just start simple with Bank of America Advantage Safe Balance Banking. No overdraft item fees, no monthly maintenance fee if you're under 25. Plus, as a new checking customer, you can earn $100 when you open an account and make qualifying Zelle or debit transactions.

[SPEAKER_16] Oh, that's actually really simple.

[SPEAKER_14] Safe Balance Banking. One less thing to figure out. Learn more at bofa.com slash earn 100. Terms and conditions apply. Bank of America and a member FDIC.

[SPEAKER_00] Bloomberg Audio Studios. Podcasts. Radio. News.

[SPEAKER_17] Hi. We're rerunning our interview with Boaz Weinstein, which was recorded in March. This is about his tender offer for some blue-eyed old BDCs. Since then, the tender offer has expired. He didn't get a lot of take-up. But he and others are still out there trying to buy BDCs at a discount. So a lot of the lessons are still relevant. Enjoy the show. Hello, and welcome to the Money Stuff Podcast. I'm Matt Levine.

Re-Run: Boaz Weinstein

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Re-Run: Boaz Weinstein

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.