Medicine's Endgame

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Welcome to the 1,563 newly Not Boring people who have joined us since our last Tuesday essay! If you haven’t subscribed, join 214,602 smart, curious folks by subscribing here: Subscribed Today’s Not Boring is brought to you by… Percent Private Credit: It’s a popular asset class these days. You’ve maybe noticed an increase in headlines in WSJ, FT, etc. It’s a multi-trillion dollar asset class that’s grown 800% since 2006. But what is it? Pretty simple actually: Private credit is when non-banks lend money to private businesses who need capital. The only problem is that traditionally only institu