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Why so few Matt Levines?
Why are popularizing educational newsletter-frequency writers of important fields like Matt Levine for finance so rare? Because most fields are too slow or ambiguous, and writers of the right combination of expertise, obsession, and persistence are also rare.
It was just something horrible that often happens at random when people take dangerous drugs like alcohol rather than safe ones like nicotine, and is of no broader importance; true-crime addicts consume it for its entertainment value, like darker versions of Hollywood tabloids—“who murdered who” instead of “who’s sleeping with who”. But I don’t think I (or most people) would be able to do so for a long time without turning it into a dull ticket-punching exercise as part of a mundane job rather than an avocation; and indeed, I have shunned my opportunities to become a Levine of some area, when I felt my interest & patience for fools rapidly waning. (Particularly darknet markets: there was considerable demand for commentators like Eileen Ormsby or DeepDotWeb, but I could see no new principles to maintain my interest and just an endless infosec churn of temporary trivia—a warning that burnout was approaching—and quit the area while I was ahead.)
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