💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: https://www.theinvestorspodcast.com/subscribe-youtube/ 🥗 Feed your body the nutrients it craves with Ka’Chava, an all-in-one, plant-based superblend made up of superfoods, greens, plant proteins, antioxidants, adaptogens, and probiotics! Get 10% off on your first order today! https://kachava.com/wsb Clay is joined by Nelson Chu to do a deep dive on private credit.  Nelson Chu is an experienced serial entrepreneur and the Founder and CEO of Percent, the modern credit marketplace. After witnessing the inefficiencies in the private credit markets, Nelson was inspired to transform this industry for the better and founded Percent in 2018. ▶️ RELATED EPISODES: - How to Navigate Market Cycles | Insights from Howard Marks: https://youtu.be/GSdaNm-SyGU - The SECRET to Maximum Returns: Mastering the Market Cycle: https://youtu.be/yj7X4P9HOtI IN THIS EPISODE, YOU’LL LEARN: 0:00:00 - Intro 0:00:38 - Why we may continue to see a decline in the use of the 60/40 portfolio. 0:03:44 - The state of credit markets today. 0:09:44 - How private credit fits into the bigger credit market picture. 0:13:34 - What has led to the massive growth of private credit since the great financial crisis. 0:18:10 - How a typical private credit deal is structured. 0:19:16 - Why companies utilize private credit in their capital structure. 0:21:26 - Current interest rates in a private credit deal. 0:29:30 - Default rates in private credit. 0:34:13 - How Percent is helping satisfy high demand in the private credit market. 0:40:20 - How to get diversified in private credit. 0:47:42 - The most important things to understand prior to investing in private credit. 🎧 Listen to our episodes here: https://open.spotify.com/show/28RHOkXkuHuotUrkCdvlOP 🖊️ Access the transcript and learn more about the guest here: https://www.theinvestorspodcast.com/episodes/lucrative-opportunities-in-private-credit-w-nelson-chu/ 💡 OTHER RESOURCES - Learn more about Percent: https://www.percent.com/wsb - Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future — Use our link here for a 14-day free trial: https://www.sahg6dtr.com/59QC8Z/R74QP/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ABOUT OUR SHOW 🎙  On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market. 🌍 Website: https://www.theinvestorspodcast.com/we-study-billionaires/  📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! https://www.theinvestorspodcast.com/survey2023-youtube ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📚OUR FREE INVESTING COURSES/RESOURCES https://www.theinvestorspodcast.com/tip-academy/ 📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE https://www.theinvestorspodcast.com/tip-finance/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.