Subject: Blueowl - OWL
Currently a Falling Knife, monitoring Blue Owl for a potential bottom and reversal as an entry point in the coming year. >$300bil AUM and large book of business, there is value in the platform if they can turn shake the negative perception and keep growing. In the interim I have to think they consider cutting the dividend which would likely result in further decline in price.

https://www.wsj.com/finance/in...