Archive for the ‘How Not To Invest’ Category

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

Guest Post: The Simplest Investment Approach, Ever

Guest Post: The Simplest Investment Approach, Ever

By Lars Kroijer | How Not To Invest, Investing, Personal Finance

Editor’s Note: Lars Kroijer is a former hedge fund manager, and the author of two books. He previously posted here on the advantage of conceding ‘edge’ in personal investing. I appreciate his debunking the value of high-cost financial services.   You probably can’t outperform the market – here is how you should invest once you [&hellip

An interesting investment paper

An interesting investment paper

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

Today I will run the risk of re-posting somebody else’s work many months after others have had a chance to read it, on the assumption that non-professional readers do not spend their day scouring investment blogs for clever reading material. The much greater risk, I think, is that thoughtful work goes unread by people who [&hellip

Guest Post: Lars Kroijer on How Agnosticism Over Edge Can Earn You 7 Porsches

Guest Post: Lars Kroijer on How Agnosticism Over Edge Can Earn You 7 Porsches

By Lars Kroijer | Blog Posts, How Not To Invest, Investing, Personal Finance, Wall Street

Editor’s Note: Author and recovering hedge funder Lars Kroijer provided this guest-post, making the case that most of us would be better off acknowledging we do not have an edge over markets.  Most of us can’t consistently “beat the market,” but many of us pay a lot in fees to try. Please also see related [&hellip

Interview: Lars Kroijer (Part II) - On Having An Edge In The Markets

Interview: Lars Kroijer (Part II) – On Having An Edge In The Markets

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

Please see earlier podcast Interview with Lars Kroijer Part I – on the importance of Global Diversification And my earlier book review of Lars Kroijer’s Investing Demystified. In this discussion with author Lars Kroijer we talk about the main assumption of his book Investing Demystified – which I happen to completely endorse – which is that [&hellip