Ethan Kurzweil on Venture Investing in the Post-ZIRP, AI Era
In the 2010s, we saw an incredible boom in the venture capital space, fueled in part by cheap capital as well as cheap compute. Fast forward to today, and many things look very different. We're not in...
6 Des 202446min
Nouriel Roubini's Vision for a New Safe Haven Asset
For years, investors have relied on the classic 60/40 portfolio of stocks and bonds. The idea behind this was simple: bonds tend to go up when stocks go down, so the two things should act as a natural...
5 Des 202445min
Goldman's Hatzius and Kostin on Markets and Macro in 2025
It's trite to say that there is a high degree of uncertainty right now, for macro forecasters and investors. It also happens to be true. The new administration is promising major policy changes in are...
2 Des 202453min
Lots More on the Coming 20-Year Storm with Viktor Shvets
The election of Donald Trump, with his promise of more tariffs and a much tighter stance on immigration is a source of major macro uncertainty. To some it marks the end of a certain neoliberal consens...
29 Nov 202427min
How Oaktree's Head of Sourcing Finds the Next Great Deal
When it comes to credit investing (or really any investing), there's an analytic art in deciding the right price to pay for a security. But often that's only part of the challenge. First you need some...
28 Nov 202449min
Inside the Blood Sport of Creditor-on-Creditor Violence
In the Zirp era of the mid-2010s, credit markets were booming and investors were clamoring for anything that would produce yield. So they were willing to accept fewer legal protections embedded in bon...
25 Nov 202443min
The Harvard Endowment Is on the Verge of Losing Its Crown
For years, the Harvard Endowment has easily been the largest endowment of any university. But as of right now, it's at risk of losing its crown to the University of Texas. So what happened? It's a com...
22 Nov 202437min
Odd Arne Westad on how China First Joined the Global Capitalist Economy
How did China become the economic behemoth that it is today? One pivotal moment was, obviously, it's ascension into the WTO. Prior to that, the era of reform under Deng Xiaoping was obviously crucial....
21 Nov 202445min
