All writers

Matt Levine

Former Goldman Sachs banker covering Wall Street, finance, and corporate law with wit.

www.bloomberg.com
30
articles (90 days)

Recent articles

Buy Bitcoin at Night
Overnight anomaly, anti-Instagram Instagram ads, insider venting, concentration limits, asymmetric bets and the Satoshi paradox.
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Robot Retail Investors
Automatic dip-buying, a Satoshi candidate, dispersion and counting widgets.
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Not Merging Is Not Securities Fraud
Also Universal SPARC, private credit redemptions, private credit liquidity and E. coli at the corporate retreat.
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Truth Machines Go to War
Also Grok sales, QQQ competition, Altman alignment and VCs doing laundry.
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Prediction Market Structured Notes
Also BDC redemptions, private credit bid/ask, GLP-1 marketing and Jamie Dimon Media.
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OpenAI Is Almost Public
Also Snaptivism, karaoke, umami and swearing at Claude.
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Are Algae Securities Fraud?
Carbon onsets, mini-millionaire hedge funds and float-adjusted indexes.
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Private Assets Are Coming to 401(k)s
Also LME NDAs, concierge financial advisers, momentum and Crispin Odey’s dungeon.
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Weather Prediction Prediction
Also a fake Warner bidder, bank re-tranching, spy satellites, Birkin grommets and 420.
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Private Credit Has Some Debt
GAV vs. NAV, anti-private equity certifications, Tricolor, the like button and unemployability. 
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Private Credit Is Not on Sale
Also SpaceX proxies, sports betting and oil insider trading.
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Elon Did Some Securities Fraud
Also AI inequality, Tesla/SpaceX Terafab, JPMorgan monitoring and AI startup parties.
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Tokens Are Not Securities
Crypto classification, PE concealment, Elon Musk legal realism, Trevor Milton, big cowbells and SPACEs.
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Anti-Private Equity Is Good Business
Traffic flaggers, tax alpha, pod exhaustion and DAT dividends.
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Make the Predictions Come True
Also SpaceX SPVs, shareholder democracy, tariff refunds, OBDC II and watch signals.
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Lever the Predictions
Margin, private credit marks, assassination trades, distractions and the watch-to-house ratio.
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Private Credit Gets Marked Down
Mark-to-market accounting, Kalshi call spreads, ChatGPT privilege and random number generators.
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Bill Ackman Wants Your Money Again
The return of PSUS, chatbot meme stocks, S&P binaries and Cluely vs. TechCrunch.
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BlackRock Guards the Gates
HLEND, is anti-ESG securities fraud, AI/consulting synergies and everything is she-curities fraud.
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Be Liquid When Others Are Illiquid
An SREIT tender, dip buyers, the dispersion trade and nonfungible bolivianos.
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People Are Worried About BCRED Liquidity
Also FAT Brands securitization, 401(k) liquidity and Jeffrey Epstein is securities fraud.
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Everyone Wants a Pension
Retail private credit, war insider trading and Drake on Stake.
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War Markets Have Some Bugs
Rule 40.11, Nasdaq 100 binaries, a DAT proxy fight, paralinguistic features, lying to VCs and Lloyd Blankfein’s memoir.
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The DOGE Doubt Trade
Also the Optimum lawsuit, venture capital fraud and insider trading victims.
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Kalshi Found Some Insider Traders
Also hedge fund hiring, OpenAI shorts, midnight M&A deadlines and Claude for hackers.
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AI Can Manage Your Mutual Fund
Also lease accounting, AI scare trades, Terra vs. Jane Street, Blue Owl liquidity and AI blackmail.
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AI Can Manage Your Mutual Fund
Also lease accounting, AI scare trades, Terra vs. Jane Street, Blue Owl liquidity and AI blackmail.
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People Are Worried About Blue Owl Liquidity
Also AI disruption trades, the tariff ruling and investment banking hours.
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Insider Trading on War
Also bond indexes, 401(k) lawsuits, SpaceX SPVs and AI social engineering.
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The AI Whateverpocalypse Trade
Also defeasance and Bitcoin margin loan securitization.
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