Arbitrage Blog

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The Most Important Firm You’ve Never Heard Of - Part 1
Published on 05/11/2026

How a quiet ETF shop in lower Manhattan ended up out-earning JPMorgan, funding a coup, and getting banned in India.

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Lawful vs. Chaotic, Good vs. Evil: A Simple Grid with Big Ideas
Published on 05/08/2026

The “lawful vs. chaotic” and “good vs. evil” alignment grid offers a surprisingly nuanced way to think about personality, morality, and human behavior, showing how our views on rules, freedom, compassion, and self-interest shape everyday choices.

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Why is Kenya so Fast?
Published on 05/07/2026

Why have Kenyan athletes dominated the marathon for well over a decade?

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Spring Is Back: Outdoor Activities, Local Markets, and the Etiquette That Makes It All Work
Published on 05/06/2026

Whether you are a visitor or a vendor, there are some etiquette rules to follow at a farmers' market.

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Cinco de Mayo: What It's Not
Published on 05/05/2026

Cinco de Mayo is widely celebrated, but its true meaning is often misunderstood, as it commemorates Mexico’s unlikely victory at the Battle of Puebla rather than independence.

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Teachers Working After the Bell
Published on 05/04/2026

As rising costs outpace teacher pay, millions of educators are turning to second jobs - from tutoring to rideshare driving - highlighting the growing financial strain behind one of America's most essential professions.

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The Wild Horses of Carova Beach: A Living Piece of Coastal History
Published on 05/01/2026

The wild horses of Carova Beach offer a living link to the Outer Banks’ past, embodying centuries of resilience while ongoing conservation efforts help protect this rare herd and its fragile coastal home.

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The Shadow Default: How Private Credit Is Hiding Bad Loans in Plain Sight - Part 2
Published on 04/30/2026

Roughly 10% of BDC interest income now arrives as more debt, not cash. Inside the rise of PIK loans and what they signal in private credit.

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The Shadow Default: How Private Credit Is Hiding Bad Loans in Plain Sight - Part 1
Published on 04/29/2026

Roughly 10% of BDC interest income now arrives as more debt, not cash. Inside the rise of PIK loans and what they signal in private credit.

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The Evolution of Faith in America
Published on 04/28/2026

Religion in America is evolving, with declining Christian affiliation and rising numbers of religiously unaffiliated individuals reshaping the spiritual landscape.

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Too Much to Watch: Are We Hitting Streaming Burnout?
Published on 04/27/2026

Streaming has given viewers unprecedented freedom, but in 2026 that endless abundance is starting to feel exhausting and is turning entertainment into a source of stress rather than escape.

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From Fast Food to Fine Dining
Published on 04/24/2026

Rising beef costs and shifting consumer expectations are transforming the classic burger into a premium dining experience