Mark, A couple years ago, I dug into Prosper and others as a possible way of diversifying what I was doing. But I concluded that, rather than accept the risks of making loans to unknown entities for the generally frivolous purposes they wanted to borrow the money, I could make easier gains in the conventional OTC debt markets. E.g., current rates at Prosper vary from about 7% to 35%. But I’m making an average of 52% on Travelport’s debt. 19% on Colt’s and Sear’s debt. And generally nothing less than 8% on any position I put on due to being very, very picky about what I buy. But if becoming a price-maker, rather than a price-taker, interests you, then go for it. Charlie
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