Bloomberg just revealed a striking new trend:

Over the last decade, America’s largest pension funds have more than doubled their exposure to private equity.

These are some of the most sophisticated investors in the world. Their job is to manage billions or even trillions of dollars for teachers, firefighters, and…

A few weeks ago, I was chatting with a new reader of Crowdability.

He’d built his portfolio the “traditional” way — some index funds, some bonds, a little real estate.

But then he said something that stuck with me: “Matt, it feels like the old playbook isn’t working anymore. The…

The spotlight this week is on hot IPOs. According to MarketWatch, it’s one of the busiest IPO weeks in years

For example, Klarna, the Swedish “Buy Now, Pay Later” (BNPL) giant, is launching a U.S. IPO at a $14 billion valuation, selling 34.3 million shares for $35–$37 apiece.

Then there’s…

Hundreds of wildfires are still raging across Canada.

The fires began in early June and are impacting Canada, the U.S., even Norway. Here in New York City, the fires led to thick smoke and the worst air-quality levels in decades.

The thing is, this problem isn’t going away. Experts predict…

A few summers ago, a woman named Nancy Cavaliere stopped by a New York Salvation Army on her way home from work.

At first, little caught her eye. But as she was on the way out, she saw four black plates with geometric faces painted on them. She decided they'd…