Pagaya: Is It Safe To Get In This Water

Core Insights - Pagaya (NASDAQ: PGY) reported its Q4 operating results and provided an outlook for 2025, indicating that the results were decent depending on the definition used [1] Financial Performance - The article does not provide specific financial metrics or performance data for Pagaya's Q4 results or the outlook for 2025 [1] Analyst Background - Bert Hochfeld, a seasoned analyst with a degree in economics from the University of Pennsylvania and an MBA from Harvard, has a long career in the tech sector and has been recognized for his work as a sell-side analyst [1] - Hochfeld founded Hochfeld Independent Research Group, providing research services to major institutions and hedge funds, and operated the Hepplewhite Fund, which was rated as the best performing small-cap fund for five years ending in 2011 [1] - Despite his accolades, Hochfeld faced legal issues in 2012 for misappropriating funds from a hedge fund he managed [1] Analyst's Position - The article mentions that the analyst has a beneficial long position in the shares of PGY and AFRM, indicating a personal investment interest [2]