Archive for the ‘Investing’ Category

Book Review: The Automatic Millionaire by David Bach

Book Review: The Automatic Millionaire by David Bach

By The Banker | Book Reviews, Investing, Personal Finance

A few weeks back I sent out a proposal to few prospective agents, expecting at least one would recognize the genius – and their own self-interested business opportunity – in my personal finance book proposal. One prospective agent asked a reasonable question in reply: “What’s the one thing you would like to get across to [&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

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

Book Review: Flash Boys by Michael Lewis

Book Review: Flash Boys by Michael Lewis

By The Banker | Book Reviews, Investing, Wall Street

The Rise of the Machines Michael Lewis wrote Flash Boys to alert the non-finance world about the scourge of high frequency traders front-running investors and fracturing traditional capital markets. Lewis does not distinguish between quantitative (or algorithmic) trading strategies and high frequency trading firms (HFTs), although it’s helpful to define these terms first. Quantitative strategies [&hellip

Book Review: All The Math You Need To Get Rich

Book Review: All The Math You Need To Get Rich

By The Banker | Book Reviews, Investing, Personal Finance

I learned from my wife the concept of the “feedback sandwich,” by which she means if you want to give someone an important piece of critical advice, it’s often most strategic to cushion the blow with a compliment to start, and a compliment to finish, with the criticism nestled in between. Michael Scott in Scranton, [&hellip