October 1, 2018· 36 min

What David Barse Learned From Watching A Credit Fund Blow Up

Orality
Model
77%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(1,092 words)
M:29%
HostTracy Alloway(1,178 words)
M:29%
GuestDavid Barse(3,552 words)
M:28%

Oral Indicators

Agonistic28%
basically, clearly, certainly
Engagement72%
you, our, your
Memory Aids100%
listen, like, so
Repetition100%
about (64x), what (52x), fund (41x)
Parallelism100%
And I'm Joe Wasenthal...., But, no, not only do I not per..., So, no, I'm I'm I'm drawing a ...
Sound Patterns75%
47 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases13%
at the end of the day, you know what, i mean

Literate Indicators

Hedging11%
probably, could, relatively
Passive Voice10%
were wrapped, are concerned, be involved
Abstract Nouns18%
investment, edition, recollection
Subordination16%
because, while, until
Sentence Length43%
Avg: 15.7 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style28%
450 personal pronouns found
Descriptive Style100%
internationally, apply, personally

Description

David Barse was the CEO of Third Avenue Management when one of its credit funds melted down in late 2015. The collapse of the fund touched off a significant debate about market structure, and the appropriate way to invest in illiquid, distressed securities. On this week's episode, we talk to Barse about what he learned from the experience, and how he's investing today. See omnystudio.com/listener for privacy information.