Archive for the ‘Blog Posts’ Category

Currency Exchange Thoughts

Currency Exchange Thoughts

By The Banker | Blog Posts

Editor’s Note: A version of this column appeared in the San Antonio Express-News this morning. When we decided to move to San Antonio five years ago, my only condition to my wife was that we would travel as a family outside of Texas for some time during the worst Summer months. I had already encountered [&hellip

Like Visiting An Old Friend - Bad Debt Buying

Like Visiting An Old Friend – Bad Debt Buying

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

In my pre-Bankers Anonymous days, one of my primary investing activities was purchasing charged-off consumer debt. If you have no idea what that means, I recommend reading this New York Times Magazine article from last weekend. Few people have written about this niche of the financial world. While Jake Halpern’s account is a bit sensationalistic [&hellip

Dan Loeb Comes To A Sleepy Town

Dan Loeb Comes To A Sleepy Town

By The Banker | Blog Posts, Wall Street

Editor’s note: A version of this post appeared in the San Antonio Express-News under my “So…Money” column, “Dan Loeb Is Not ‘San Antonio Nice’.” It’s probably hard for non-San Antonians to understand the importance of this one medium-sized company for the city’s image of itself. Rackspace is the darling of San Antonio’s business community, a [&hellip

You Want To See Something Really Scary?

You Want To See Something Really Scary?

By The Banker | Blog Posts, Investing

The headline is from The Twighlight Zone movie, from when I was about 10 years old. As for the rest of the movie after that first moment, I experienced it as an audio-only event. I just stared down at my feet, too freaked out to look up above the seat in front of me. I [&hellip

Driving In Traffic - A Metaphor For Fund Fees And Performance

Driving In Traffic – A Metaphor For Fund Fees And Performance

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

Editor’s Note: A version of this post appeared in the San Antonio Express News in my brand spanking new “So…Money” column.   My morning commute this summer means driving the two young lovelies to their respective kid camps. I like driving in heavy traffic as much as I enjoy hauling over-heated kitchen garbage out to the [&hellip