Archive for the ‘Blog Posts’ Category

New HUD Secretary - The Good and Bad So Far

New HUD Secretary – The Good and Bad So Far

By The Banker | Blog Posts, Texas

Editor’s Note: A version of this post ran this morning in the San Antonio Express News. I can’t remember any speech Mayor Julian Castro ever made to which I paid much attention. Decade of Downtown? Meh. I had just moved to San Antonio’s downtown and I didn’t have any context. Democratic National Convention? I missed [&hellip

On Selling - Sell Solutions Not Features

On Selling – Sell Solutions Not Features

By The Banker | Blog Posts, Texas

Editor’s Note: A version of this post appeared in the San Antonio Express-News. When I interviewed for my first bond sales job on Wall Street, half-way through the conversation the guy at JP Morgan sat back, held up a yellow #2 pencil, and said “Sell me this pencil.” At that point, age 24 or so, I hadn’t [&hellip

The Giffen Good Concept Applied To Investments

The Giffen Good Concept Applied To Investments

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

Editor’s Note: A version of this post appeared in the San Antonio Express News “So…Money” column. The only “C” I got in college was in Intermediate Macroeconomics, but I remember one economics term that I really loved — the “Giffen Good.” With ordinary, rational, economic behavior, we expect that when prices go up, people buy [&hellip

Options Part III - Delta Hedging

Options Part III – Delta Hedging

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

Please see related posts Options Trading Part I – NFW Edition Options Trading Part II – The Currency of Options Trading   For the next little bit I’ll use a specific made-up example, of a fictional pet insurance company[1] with ticker symbol PAWS.[2] Let’s say PAWS shares trade at $100 per share, and I am [&hellip

Real Estate and the Efficient Market Hypothesis

Real Estate and the Efficient Market Hypothesis

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

Editor’s Note: A version of this appeared in the San Antonio Express News. Dignowity Hill is a historic neighborhood in San Antonio balanced precariously – for the moment – on the cusp of hipsterism, about to fall into the ‘gentrified’ category. For anyone who has strongly held opinions about gentrification, let me assure you this post has [&hellip