Marc Rubinstein

MARC RUBINSTEIN IS A FORMER HEDGE FUND MANAGER. HE IS AUTHOR OF THE WEEKLY FINANCE NEWSLETTER NET INTEREST. @MARCRUBY

After the market decline of December 2018, the Covid-19 crash of 2020, and the inflation scare of 2022, markets consistently rewarded those willing to deploy capital during periods of stress.

Buying the dip still works – even in this new world

2025-05-15T14:00:00.000Z
Warren Buffett at Berkshire Hathaway's annual shareholders' meeting in Omaha, Nebraska, on May 3, 2024.

Is Warren Buffett’s true successor Bill Ackman?  

2025-02-26T21:00:00.000Z
DeepSeek shocked the world when it released artificial intelligence models that achieve similar performance to those currently available on the market at a fraction of the cost.

DeepSeek is just the latest hedge fund innovation

2025-02-04T10:35:00.000Z
As the US Fed raises interest rates, more of the increase gets shared with customers.
THE BOTTOM LINE

Banks’ new world: Depositors get a bigger share of rate rises

2023-07-18T21:00:00.000Z
What the post-mortem reports from the Fed and FDIC reveal is, among other things, how haphazardly the failed banks were run, compared with the super-professional show they put on for investors.
THE BOTTOM LINE

You don’t want to know how banks make their sausage

2023-05-03T08:23:41.000Z
Short-sellers play a role in maintaining efficient capital markets, by augmenting liquidity and helping to detect fraud.
THE BOTTOM LINE

It’s not easy being a stock market villain

2023-02-01T09:35:58.000Z
The Blackstone real estate fund limits investor withdrawals to 2 per cent of net asset value in any month and 5 per cent in a calendar quarter; the limits prevented a run from taking hold.
THE BOTTOM LINE

Bank runs just aren’t what they used to be

2022-12-12T03:38:13.000Z
The core competence in the lending business is not so much giving the money away but more in getting it back – and that becomes harder in a recession..
THE BOTTOM LINE

BNPL joins the list of subprime losers

2022-07-06T07:39:22.000Z
A HSBC bank branch on King Street, London. The global ambitions of both HSBC and Citigroup have been pared back, replaced by a narrower focus on core markets.

HSBC, Citigroup and the end of global banking

2022-08-18T04:33:04.000Z