Credit Archives - The Big Picture

Joseph Campbell’s seminal work1 explores the universal motifs that run through all of the world’s great mythic...

To hear an audio spoken word version of this post, click here. Why are there too few houses in general, and...

Let’s get this out of the way upfront: Using excessive leverage to speculate is a terrible idea, and often...

Every now and again, I come across someone I want to interview but they aren’t quite the right fit for MiB. Either the firm is too...

If you are an American who uses credit, you walk around with an average of 3.7 credit cards in your wallet. You’re probably using them...

Source: WSJ File this one under more “denominator blindness:” Every now and again, a data point comes along...

The Bond Raters Still Need to Be Fixed The reforms adopted after the financial crisis didn’t resolve the industry’s inherent...

The Bond Raters Still Need to Be Fixed The reforms adopted after the financial crisis didn’t resolve the industry’s inherent...

I was away last week when this monster piece came out in the WSJ. This issue has intrigued me since 2007, but for those of you not up to...

The Economy Is Booming. So Is Financial Stress. Even after a decade of recovery, family balance sheets show that gains in security have...