Private credit funds are in the spotlight these days, as concerns about software companies meeting their obligations have picked up lately.
Cion Investment (NYSE: CION) is a business development company, or BDC, that lends money to privately held businesses....
An old friend of mine is in a dire financial situation. It’s not uncommon for him to tell me he may not be able to pay his rent.
Over the past several decades, he’s made terrible decision after terrible...
“Elementary, my dear Watson, elementary!” – Sherlock Holmes
One of my favorite lines from The Maxims of Wall Street is found on Page 158: “To make it, concentrate; to keep it, diversify.”
There’s much wisdom in this one sentence.
During your...
Editor’s Note: The “pick-and-shovel” strategy has quietly built some of the greatest fortunes in market history.
Instead of betting on the headline maker, smart investors back the critical suppliers behind it.
Below, Research Director Kristin Orman explains how this approach...