Subject: Re: “Big Short” bet against BRK
oaktree's outsized rep is via deploying committed capital at market bottoms.
other regimes have long been poor, especially their public vehicles.
if brookfield does face any insurance distress, they may be relying on oaktree to hit 'less-than-guaranteed' homeruns.

via several podcasts, i infer that the soft market is due to relatively recent, subscale, insurance floaties incorporating in bermuda\bahama.
this is a more likely vulnerable space.
sounds like ackman.