I don’t think that the article says something about problems that come with scale. It rather suggests that the first attempts were lucky.
There are also ethical issues with the business model of buying up debt and then hiring ex-convicts to collect that debt.
Another, much smaller, example.
Edit:typo.
I don’t think that’s an example of someone investing money into an asset. It’s a bet on default rates not changing.
I don’t think that the article says something about problems that come with scale. It rather suggests that the first attempts were lucky.
There are also ethical issues with the business model of buying up debt and then hiring ex-convicts to collect that debt.
Another, much smaller, example.
Edit:typo.
I don’t think that’s an example of someone investing money into an asset. It’s a bet on default rates not changing.