Shallow Dive: Private Credit vs. Private Equity
Shallow Dive: Private Credit vs. Private Equity Read More »
Credit risk
“Capitalism without failure is like religion without sin. It does not work.”
I remain 75% in liquid cash investments, which have a guaranteed yield to maturity of 4.625%. Given recent
events, and the expectation of forthcoming stimulus, volatility remains extremely elevated, sentiment is
schizophrenic, and investors are fearful.
“Capitalism without failure is like religion without sin. It does not work.” Read More »