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Net Interest

Marc Rubinstein
Thousands of paid subscribers

Financial sector insights from a former hedge fund manager with 25+ years experience analysing and investing in the industry.

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Issues303Founded6 years agoLast Issue11 days ago
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Latest Issues

Bye the Index

How Nasdaq learned to run its flywheel in reverse

In the late 1990s, Nasdaq set out to democratize investing. Retail investors were already flocking to its exchange but many didn’t know what to buy. “We wanted to put investment and trading...

11 days ago
115
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Money for Nothing

The Golden Age of Arbitrage?

It’s easy to miss The Arbitrager pub in London. Nestled between sandwich shops on the perimeter of Drapers’ Hall, a nineteenth century guildhouse not far from the Bank of England, it’s a small place with a narr...

18 days ago
123
1
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Apple Turnover

How Tim Cook reshaped payments – and what he leaves behind

When Tim Cook gives up the CEO job at Apple later this year, he will be remembered for many things. Over his tenure, Apple’s market value grew from $300 billion to over $4 trillion...

25 days ago
97
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Defying the Surveys

Banks report a resilient quarter – and a lurking threat

With no physical inventory to account for or supply chains to reconcile, financial companies are quick to report once the quarter is over. This week, we’ve had a deluge of earnings re...

a month ago
122
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Shuffling Risk

An Asset Class Reborn

About a week before Christmas 1997, traders on JPMorgan’s New York fixed income desk picked up their phones to pitch a new product. For months, the bank had been working on ways to shed credit risk without sacrificing...

a month ago
139
Paid

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  • Marc Rubinstein

    Former hedge fund manager, now writing about it.

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