《Ranking our Portfolio Watchlist – Meta, CSU, Copart, Shopify (Tier List)》
MercadoLibre是首选，因其强大的商业模式和广告业务的显著增长。
我是 Mac Libra 的忠实粉丝，或者我们都是。以及它背后的商业模式。
Um, I'm a big fan of Mac Libra or we both are. Um, and the business model behind it.
当你看 Mac Libra 时，他们给了你想要的一切，关于他们的贷款账簿等等。
Um, when you look at Mac Libra, they give you everything that you can wish for um, regarding to their loan book and all of that stuff.
而 MacB 曾经也是如此，但后来他们推出了新贷款。这意味着贷款规模更大。贷款不仅针对接下来的 12 周，而是接下来的 12 个月。所有这些都从结构上增加了某些贷款违约的可能性。
whereas it used to be the same for MacB but then they push into new loans. Um that means the loans are are larger. The loans are not only for the next 12 weeks, but they're actually for the next 12 months. And all of that structurally increases the likelihood that some loans will fail.