Tyler Crowe
๐ค SpeakerAppearances Over Time
Podcast Appearances
You can see the marketing, it writes itself.
Individual investors like us who put the time and effort into finding individual stocks to buy and hold over the long-term,
I don't know if we'll see as many benefits from this because we want to do our due diligence.
We'll see how this shakes out, but I think that's where I'm going to end up landing, unless somebody really blows me away with a really interesting offer in private capital.
After that, we'll do stocks on our radar.
Guys, unfortunately, none of us were the recipients of that $300 trillion stablecoin fat finger that happened at PayPal either yesterday or today.
I think we're just going to have to keep on building wealth the old-fashioned way with some buy and hold stocks.
With that in mind, what's actually on your radar this week?
John, we're going to start with you.
On the deregulatory thing, there's been another story about the Trump administration looking to privatize its portfolio of student loans.
I don't know if it's going to happen or not, but it gives me a pretty lame excuse to talk about SLM Corp.
People might also know it as Sallie Mae, which is basically the bank similar to Fannie Mae, Freddie Mac, but it's focused on student loans.
It is actually a publicly traded company.
One of the things that makes it so appealing to me is if you actually look at the credit quality that it has, you think of student loans, they tend to be a relatively secure sort of loan in the sense of paybacks.
Our default rates are relatively low.
They actually can't even be discharged in bankruptcy.
They also get things like high rates of co-signed with parents and things like that.
A lot of what they actually have on their books is for masters in business or pre-med or law or something like that.
It tends to have very high amounts with also good credit quality for future payments.