If the Music’s Still Playing, You Have to Keep Dancing
Private equity firms do private equity. If they run out of good opportunities, it’s not like they're going to switch to, say, commodities trading.
Everything Is Worse Because of Private Equity
Have you noticed that across businesses in a range of industries, prices are higher and the customer experience is worse?
Why the Market Blew Up
I think we have heard enough about the yen carry trade, although that was certainly a contributing factor. Fine, we will rehash it here…
The Long-Awaited Correction
Last week may have been a surprise to most, but it was not a surprise to those who read my newsletters.
