Aug. 18 at 10:41 AM
$PGY - woke up early this morning and did a little dd on Pagaya and their shifting asset management strategy.
In the recent conference, there was some discussion of the “bonds” they are holding. I wanted to learn more about the balance sheet and what was changing.
What I found out was a very important, impactful and value-driving strategy change that wasn’t clear to me before.
I hope this is helpful to you….
See the following 5 screenshots:
Part 1:
