Archive for the ‘Blog Posts’ Category

Introducing...Me!

Introducing…Me!

By The Banker | Blog Posts

Editor’s Note – I started a weekly column today in the San Antonio Express-News, and I plan to repost them here for the vast majority of you who neither live in San Antonio nor read newspapers. I expect the major difference between the newspaper columns and the blog posts will be: 1. saltier language and 2. more [&hellip

The Davis Discipline - A Good Book and An Amazing Life

The Davis Discipline – A Good Book and An Amazing Life

By The Banker | Blog Posts, Book Reviews, Personal Finance, Wall Street

If you haven’t heard of Shelby M.C. Davis – and relatively few people have because he’s a very private person – you’re missing the story of one of the world’s great investing families, as well as one of the world’s most generous philanthropists. He’s an all-timer. The Davis Discipline: Fifty Years of Successful Investing On [&hellip

They're BAAAAACK: The CIT Takeover of OneWest Bank

They’re BAAAAACK: The CIT Takeover of OneWest Bank

By The Banker | Blog Posts, Wall Street

Wow. I mean. Just, wow. You gotta love these guys. Two phrases came to mind when I read the headline today about CIT Group taking over OneWest Bank. First: “History does not repeat itself, but it certainly does rhyme.” And Second: “Madness consists of doing the same thing over and over again and expecting a [&hellip

Batman strikes - Some Thoughts on Short Sellers

Batman strikes – Some Thoughts on Short Sellers

By The Banker | Blog Posts, Investing, Wall Street

In the bad old days of the 2008 Crisis, a casual reader of the financial news might have been fooled into thinking that “short-sellers,” those financial firms that bet on the price of some financial instrument (like a stock, or bond, or currency, or commodity) going down, rather than up, ranked on the financial attractiveness scale somewhere [&hellip

On Longevity Insurance - Do You Feel Lucky?

On Longevity Insurance – Do You Feel Lucky?

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

For starters, I hate most insurance products that purport to replace investment products. But I had not heard of longevity insurance until this week, so I decided to check it out. Here’s the concept: Pay a big lump sum to an insurance company now (before retirement), in order to draw on a hefty fixed income [&hellip