Angel Investing Thoughts

Angel Investing Thoughts

By The Banker | Blog Posts, How Not To Invest, Investing, Texas

The first thing to know about angel investing is that you probably can’t do it. I say “can’t do it” not to create some aura of fancy exclusivity for the activity, but rather to point out that entrepreneurs who offer ownership stakes to angel investors may only formally sell pieces of their businesses to ‘accredited […]

How Not To Invest: Viaticals

How Not To Invest: Viaticals

By The Banker | Blog Posts, How Not To Invest, Investing, Texas, Wall Street

I’m a big fan of niche financial markets as well as learning about how NOT to invest. This leads me this week to the “life settlements” industry, and a subset of that business known as “viaticals.” Living owners of life insurance policies sometimes seek to sell their policies on the secondary market to receive a […]

Is College Worth It?

Is College Worth It?

By The Banker | Blog Posts, How Not To Invest, Personal Finance

I always enjoy a good debate like “Is X worth it, financially?” When X = College the debate seems particularly fraught. A friend sent me a link to a blogger Erik Rood who makes a nice case for why investing in college does not pay as well as we might think, compared to competing financial […]

Book Review: The Future For Investors, by Jeremy Siegel

Book Review: The Future For Investors, by Jeremy Siegel

By The Banker | Book Reviews, How Not To Invest, Investing, Personal Finance, Texas

When you take the longest view of stock investing, a few patterns emerge, such as the importance of understanding value instead of investing according to an exciting “story.” Since this insight runs contrary to the way the Financial Infotainment Industrial Complex typically presents stock market investing, we need frequent reminders. Consider this your annual checkup. […]

Need Transparency Taken To Eleven

Need Transparency Taken To Eleven

By The Banker | Blog Posts, Taxes, Texas

In my last post I mentioned the terrible scores Houston and San Antonio governments received for transparency in their economic development programs, according to a report by Good Jobs First. One reason the stakes for transparency are high is because the amounts of subsidy are so big. How big? Well, we’ll soon find out. In 2017, for […]