Been looking at Blue Owl (OWL) recently after the selloff.
What caught my attention is the dividend yield getting close to 9%, which seems pretty attractive if it's sustainable. The business still appears to be growing assets under management and private credit remains a big market.
Does anyone here think the stock rebounds from current levels? Is the market overreacting, or are there real issues I'm missing?
For people who follow OWL, what's the main reason you're bullish or bearish on it?