Archive for the ‘Book Reviews’ Category

Book Review: I.O.U. by John Lanchester

Book Review: I.O.U. by John Lanchester

By The Banker | Book Reviews, Wall Street

In reading and reviewing John Lanchester’s I.O.U. – Why Everyone Owes Everyone and No One Can Pay I continue my quest for the best contemporary histories of the 2008 Crisis. One reason to study and understand a crisis like 2008 is to avoid repeating it.  George Santayana’s pithy justification for historical review – “those who [&hellip

Book Review: The Richest Man In Babylon by George S. Clason

Book Review: The Richest Man In Babylon by George S. Clason

By The Banker | Book Reviews, Investing, Personal Finance

My taxi driver to the airport – upon hearing I was a ‘finance guy’ – told me all about The Richest Man in Babylon by George S. Clason, a book which changed his life.  From this one book, my driver told me, he had built his life plan for savings, investments, and wealth creation. I [&hellip

Book Review: Capital by John Lanchester

Book Review: Capital by John Lanchester

By The Banker | Book Reviews

I’ve been searching in the past few years for the best book to explain the 2008 Crisis, but I have yet to find it. John Lanchester’s novel Capital presents the 2007 and 2008 pre-conditions for the crisis in London – soaring real estate values, extraordinary inequality, random good and bad fortune, injustice, and fundamental cultural [&hellip

Book Review - Make Your Kid A Millionaire by Kevin McKinley

Book Review – Make Your Kid A Millionaire by Kevin McKinley

By The Banker | Book Reviews, Investing, Personal Finance

Anyone who enjoys engaging in the fantasy “My kid could have a lot more money some day than I do!” should read Make Your Kid A Millionaire – 11 Easy Ways Anyone Can Secure A Child’s Financial Future, by Kevin McKinley. I know I engage in that fantasy, which is why I took pains, and [&hellip

Book Review: Investing Demystified by Lars Kroijer

Book Review: Investing Demystified by Lars Kroijer

By The Banker | Book Reviews, How Not To Invest, Investing, Personal Finance, Wall Street

Can we invest our own personal portfolio in a sophisticated way, to maximize our risk-adjusted returns, without incurring high costs or having to be financial experts ourselves? In his book Investing Demystified: How To Invest Without Speculation And Sleepless Nights, Lars Kroijer says yes. Kroijer was a hedge fund manager who argues forcefully against hedge [&hellip