Blog
Research and education on portfolio margin, credit risk, and SPAC investing.
February 22, 2026 • 6 min read
Portfolio Margin 101
What portfolio margin is, how it differs from Reg T, and why broker requirements vary so much for the same book.
February 22, 2026 • 5 min read
Credit Risk and Bank Counterparties
Why institutional investors and prime brokers care about bank financials — and how to read them quickly.
February 18, 2026 • 18 min read
The SPAC Investor's Guide: Trust, Valuation, and Arbitrage
How the trust works, how to value a SPAC against it, and how professional arbitrageurs exploit discounts for near-risk-free returns.