Buy OWL by Jan 4, 2027.

​ I've been looking at Blue Owl Capital (OWL) and I think the market may be misunderstanding the business. OWL manages $319B and roughly 90% of its revenue comes from permanent capital, meaning it doesn't constantly need to raise new funds just to replace expiring ones. Most of its revenue is management fees, which makes the cash flows much more predictable than the "private credit" label suggests. The other thing I like is the diversification. Private credit is 35% of …