Buy APO by May 15, 2031.

I have been looking into the asset management industry for quite some time now, and the primary focus has been to answer the question: Why is Apollo Global Management ($APO) down 22% year-to-date despite posting record metrics? While doing research, I found an article on a Substack called Waver that describes a large gap in private credit currently occurring between firms like Apollo, Blackstone, and BlackRock. So one of these valuation figures is incorrect; I do not believe the problem …