To hear an audio spoken word version of this post, click here. Why are there too few houses in general, and...
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Let’s get this out of the way upfront: Using excessive leverage to speculate is a terrible idea, and often...
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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...
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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...
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Source: WSJ File this one under more “denominator blindness:” Every now and again, a data point comes along...
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The Bond Raters Still Need to Be Fixed The reforms adopted after the financial crisis didn’t resolve the industry’s inherent...
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The Bond Raters Still Need to Be Fixed The reforms adopted after the financial crisis didn’t resolve the industry’s inherent...
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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...
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The Economy Is Booming. So Is Financial Stress. Even after a decade of recovery, family balance sheets show that gains in security have...
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The Economy Is Booming. So Is Financial Stress. Even after a decade of recovery, family balance sheets show that gains in security have...
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