He observes that Wall Street strategists generally do not like the practice of issuing price targets but feel compelled to do so by client expectations or internal requirements.

“No one really likes doing this. No one ever claims to be good at it. But it's either asked of them, or, you know, the director of research says you got to do it, or the clients ask for it”

Boaz Weinstein’s strategy of offering to buy shares of private credit vehicles at a discount is a logical trade that exploits the high value of liquidity for nervous investors.

“the value of liquidity in these vehicles has gone up enormously in the last month. People now want this liquidity. And if people really want liquidity, they should pay for liquidity and Boaz will be the one to get paid.”