Archive for the ‘Wall Street’ Category

Stocks vs Bonds - The probabilistic answer

Stocks vs Bonds – The probabilistic answer

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

Beg, Steal & Borrow I’ve gotten in the awkward habit on Bankers Anonymous of stealing monthly thoughts from an investment advisor named David Hultstrom of Financial Architects LLC – about whom I know very little – except that he writes very clearly and sensibly about personal investing. In this month’s note to his clients he [&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

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