Archive for the ‘Wall Street’ Category

Book Review, Review: Michael Lewis on John Lanchester's

Book Review, Review: Michael Lewis on John Lanchester’s “Capital”

By The Banker | Book Reviews, Wall Street

I learned from Michael Lewis’ article in this month’s New York Review of Books that the English have a particularly literary strength compared to us Yanks. After quoting a passage from John Lanchester’s Capital featuring the inner quotidian dialogue of a Londoner named Ahmed, Lewis observes: You can find this sort of thing on every other [&hellip

Part VI - Concluding Thoughts on Personal Finance Math

Part VI – Concluding Thoughts on Personal Finance Math

By The Banker | Blog Posts, Personal Finance, Wall Street

Or, why everyone needs to know this, beyond getting rich or avoiding poverty. Please see my earlier posts Part I – Why don’t they teach this in school?, Part II – Compound Interest and Wealth Part III – Compound Interest and Consumer Debt Part IV – Discounted cash flows – Pension Buyout Example Part V [&hellip

Part V - Discounted Cash Flows, using an annuity to learn the math

Part V – Discounted Cash Flows, using an annuity to learn the math

By The Banker | Blog Posts, Investing, Personal Finance, Wall Street

Please see my earlier posts Part I – Why don’t they teach this in school? Part II – Compound Interest and Wealth Part III – Compound Interest and Consumer Debt Part IV – Discounted cash flows – an example using a pension buyout Preamble In the last post I used the example of a pension [&hellip

Part IV - Discounted Cash Flows - Golden parachute or silk umbrella?

Part IV – Discounted Cash Flows – Golden parachute or silk umbrella?

By The Banker | Blog Posts, Personal Finance, Wall Street

Please see earlier posts Part I – Why don’t they teach this math in school? Part II – Compound Interest and Wealth Part III – Compound Interest and Consumer Debt Preamble In the last two posts I wrote about how, using the compound interest formula, you can compute precisely how large your money will grow [&hellip

Part III - Compound Interest and Consumer Debt

Part III – Compound Interest and Consumer Debt

By The Banker | Blog Posts, Inequality, Personal Finance, Wall Street

Part III – Compound interest and Consumer Debt Please see earlier posts Part I – Why don’t they teach this in school  And Part II – Compound interest and Wealth So in the last post I wrote about the the incredible power of compound interest, and the possibility it suggests about wealth creation over time. [&hellip