The Music Has Stopped in Private Markets
Two Decades of Excess Investment is Trapped in Private Markets When the…
Incentives Are Dangerously Aligned in Private Markets
“Nothing is easier than self-deceit. For what every man wishes — that…
Buyers Beware: 7 Red Flags That Signal a Private Market Reckoning
In the history of every great catastrophe, you will find some masterly…
Vices, Virtues, and a Little Humor: 30 Quotes from Financial History
Why do smart investors repeat the same mistakes generation after generation? Because…
Wall Street’s Latest Flood: Private Credit
“Once a majority of players adopts a heretofore contrarian position, the minority…
Vanguard’s Former OCIO Clients Must Stand Their Ground
“Those who stand for nothing fall for anything.” Alexander Hamilton, first US…
Five Quotes from Financial History to Guide Trustees
On February 27, 2024, Investing in U.S. Financial History was published, capping…
Investing in U.S. Financial History: Three Principles, Three Excerpts
“There can be few fields of human endeavor in which history counts…
The Unspoken Conflict of Interest at the Heart of Investment Consulting
Mark J. Higgins, CFA, CFP, is the author of Investing in U.S.…
The First US Real Estate Bubble and Three Lessons from the Mount Tambora Eruption
Mark J. Higgins, CFA, CFP, is the author, with Elliot Chambers, of…
