Why You Can't Get a One-Click Mortgage Refi
You can do a lot of things with the click of a button nowadays. You can get insurance, open a bank account, or trade 347 different stocks all at once via an ETF. But one thing you definitely can't do ...
12 Dec 202444min
How the Hedge Fund Magnetar Is Financing the AI Boom
AI software and the hardware that enables it have been hugely popular investments this year. But there have still been limiting factors on the sector, including a shortage of compute to power so many ...
9 Dec 202449min
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 Dec 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 Dec 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 Dec 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
