Archive for the ‘Wall Street’ Category

What Should I Think About The Twitter IPO?

What Should I Think About The Twitter IPO?

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

What should I think about the Twitter IPO? Mostly you should think about Las Vegas, Nevada, as a number of important analogies apply here.[1] First – The Poker Table You know the rule that if you’re sitting at the poker table, and you’re not sure who the sucker is, then it must be you? That’s [&hellip

Eike Batista - Familiar Lessons on Financial Catastrophe

Eike Batista – Familiar Lessons on Financial Catastrophe

By The Banker | Blog Posts, Wall Street

The Wall Street Journal’s review this morning of the rise and fall of Brazilian (ex) Billionaire Eike Batista’s business empire contains excellent, timeless points about entrepreneurship, investing, and the madness of crowds.  I really recommend reading all of it. The bare facts – Batista dropped from a Forbes estimated $36 Billion net worth and business [&hellip

If You'd Like To Understand Financial Instruments But Need A Sports Hook

If You’d Like To Understand Financial Instruments But Need A Sports Hook

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

If you’d like to understand financial instruments used on Wall Street better, but you need a sports or entertainment hook as a spoonful of sugar to make the medicine go down, I recommend this article by Katie Baker on Grantland about the proposed Arian Foster “IPO” deal. [Katie Baker – who I do not know [&hellip

I Disagree about JP Morgan But I'm Totally Entertained

I Disagree about JP Morgan But I’m Totally Entertained

By The Banker | Audio Posts, Video, Wall Street

A friend and I debated the merits yesterday of Alex Pareene’s recent article on Salon, in which Pareene praises the most recent $13 Billion fine against JP Morgan as justifiable punishment for greedy bankers and a morally-positive disincentive to the banking industry generally. I totally disagree. I happen to think, and I’ve written before, that [&hellip

Book Review: The Signal And The Noise by Nate Silver

Book Review: The Signal And The Noise by Nate Silver

By The Banker | Book Reviews, Investing, Wall Street

I took a mandatory course in high school[1] called “Theory of Knowledge,” meant to help us consider ‘How do we know things?” “How do we know things?” turns out to be one of those big philosophical questions – dating from the time of Plato & Aristotle – irritating all us for the last few millenia. [&hellip