The worst feeling during March of 2020 was owning companies that were on their back foot versus on the offensive. I believe that I’ve rotated the portfolio so that is not the case anymore. A few quotes from the largest portfolio holdings:
And so yes, we will be prepared for those cycles. We hold excess capital for those cycles. We will make a lot more money than the case if we get those cycles…
I didn’t know that Enron was going to go bankrupt and we’ll be able to buy pipelines and things of that nature. But having the ability to be there to take advantage of it is what that plan is all about.
We’ve got $1.5 billion of liquidity, and this is pro forma for the 3 transactions that we announced this quarter. And this doesn’t include the $5.5 billion of liquidity that exists within our operations.
…you have heard us to talk a lot about the inherent resiliency of the business model, and how it allows us to thrive in times of volatility, especially investing in a region like Latin America.