Archive for the ‘Blog Posts’ Category

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

The Katsuyama Revolution Continues

The Katsuyama Revolution Continues

By The Banker | Blog Posts, Investing, Wall Street

The Wall Street Journal carries an update this morning on the main protagonist of Michael Lewis’ recent book Flash Boys, Brad Katsuyama and his newly launched (October 2013) exchange known as the Investor’s Exchange (IEX). One of my main questions left after reading the book is the viability of this newly launched exchange. Katsuyama & his [&hellip