Author Archives: Danielle Park

Cue the nervous laughter when watching the segment below. Financial markets have already become so complex and algorithm-driven that even trained experts are struggling to comprehend the moving parts. The timeless adage that we should only invest in what we … Continue reading →

Our month-end letter for January discusses the links between private equity, private credit and elevated financial risks for the rest of us. The segment below offers a primer. Opacity and complexity in financial products often cloak elevated risk and even … Continue reading →

Empirical research suggests that expanded gambling access—particularly low-friction, online sports betting—has been associated with measurable increases in consumer financial distress, including higher bankruptcy filings in U.S. states following legalization. The evidence is strongest where gambling becomes more accessible and continuous, … Continue reading →