Is it Time to Ratchet Up Your Giving?
Imagine a Monopoly game where one player starts with double the cash, a higher salary for passing “Go,” and more frequent dice rolls. Unsurprisingly, that player begins to dominate the board. But what’s striking isn’t just the win… it’s how their posture shifts. They grow louder, more boastful, slamming pieces and professing “strategic brilliance,” despite knowing the rules were rigged in their favor. This was no family game night – it was a carefully designed study by social psychologist Paul Piff at UC Berkeley, illustrating how even modest, apparent privileges can skew confidence and self-perception. In other words, it’s easy to… Read More
Private Credit Under the Microscope: What Matters (and What Doesn’t)
Over the past decade, private credit lenders didn’t just grow, they became the de facto lender to many of the middle market businesses in America. The transition created genuine value for borrowers and attractive income for investors. That rapid rise helped to bring private credit into the mainstream, and assets under management grew substantially. Between 2014 and 2024, the size of the private credit market roughly quadrupled, with… Read More
