Archive for the ‘Blog Posts’ Category

Eike Batista - Familiar Lessons on Financial Catastrophe

Eike Batista – Familiar Lessons on Financial Catastrophe

By The Banker | Blog Posts, Wall Street

The Wall Street Journal’s review this morning of the rise and fall of Brazilian (ex) Billionaire Eike Batista’s business empire contains excellent, timeless points about entrepreneurship, investing, and the madness of crowds.  I really recommend reading all of it. The bare facts – Batista dropped from a Forbes estimated $36 Billion net worth and business [&hellip

If You'd Like To Understand Financial Instruments But Need A Sports Hook

If You’d Like To Understand Financial Instruments But Need A Sports Hook

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

If you’d like to understand financial instruments used on Wall Street better, but you need a sports or entertainment hook as a spoonful of sugar to make the medicine go down, I recommend this article by Katie Baker on Grantland about the proposed Arian Foster “IPO” deal. [Katie Baker – who I do not know [&hellip

The Allowance Experiment Gets Better

The Allowance Experiment Gets Better

By The Banker | Blog Posts, Personal Finance

More Happy Unintended Consequences More exciting things (to me) keep unfolding from the ongoing financial education of my 8 year-old. A little while back I took all of my daughter’s tooth fairy savings and invested it in Kellogg stock, a wonderful, awful, idea of mine to begin teaching her about investing. Following that, my daughter [&hellip

The Problem of Tax Code Complexity

The Problem of Tax Code Complexity

By The Banker | Blog Posts, Taxes

With the nightmare US debt default temporarily avoided, let’s review some basics. The budgetary responsibility of the US Congress has two parts: 1. Set spending levels (money outflow) and 2. Set taxation levels (money inflow) Congressional rhetoric in the recent nonsense weeks mostly focused on spending (money outflow), whereas the harder but more meaningful discussion [&hellip

Poem

Poem “Investment Returns”

By The Banker | Blog Posts

It’s safe to say that when you’re watching the Red Sox in the playoffs in the middle of afternoon, drinking beer, you write poetry, correct? Well what a coincidence, so do I! Hence, my inaugural Bankers Anonymous “Finance Poem.”  Ahem, thank you.  Thank you very much.   Investment Returns   You CAN get from there [&hellip