MiB: Boaz Weinstein Live!
This week, we speak with Boaz Weinstein, the chief investment officer of Saba Capital Management LP, which Weinstein founded in...
Misunderstanding Narratives: The Hero’s Journey
To hear an audio spoken word version of this post, click here. Joseph Campbell’s seminal work1 explores the...
How Everybody Miscalculated Housing Demand
To hear an audio spoken word version of this post, click here. Why are there too few houses in general, and...
Fun with Leverage!
Let’s get this out of the way upfront: Using excessive leverage to speculate is a terrible idea, and often...
Chuck Trafton, EDLY ISA
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...
MIB: Got Credit Cards? You’re Probably Using the Wrong Ones
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...
Mortgage Debt Hits Record: So What?
Source: WSJ File this one under more “denominator blindness:” Every now and again, a data point comes along...
How to fix the Credit Ratings Agencies
The Bond Raters Still Need to Be Fixed The reforms adopted after the financial crisis didn’t resolve the industry’s inherent...
BBRG: The Bond Raters Still Need to Be Fixed
The Bond Raters Still Need to Be Fixed The reforms adopted after the financial crisis didn’t resolve the industry’s inherent...
Blame the Credit Rating Agencies
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...