Interview: Author Lars Kroijer (Part I) - on Global Diversification

Interview: Author Lars Kroijer (Part I) – on Global Diversification

By The Banker | Audio Posts, Investing, Wall Street

In the first section of this interview with author Lars Kroijer we talk about his idea, from the book Investing Demystified, that we should all seek portfolio exposure to the broadest segment of global equities – essentially all 95 stock markets in the world.  In the second part of this interview we talk about the [&hellip

The Efficient Market Hypothesis: The 7 Levels of Nate Silver

The Efficient Market Hypothesis: The 7 Levels of Nate Silver

By The Banker | Audio Posts, How Not To Invest, Investing

One of the most important, but controversial, ideas of investing is the ‘efficient market’ hypothesis. I say important, because it provides a great starting point for approaching investing and markets humbly, as well as for approaching the Financial Infotainment Industrial Complex with a healthy dose of skepticism.  Most investors would be better off if they [&hellip

Book Review: Secrets of the Millionaire Mind

Book Review: Secrets of the Millionaire Mind

By The Banker | Book Reviews, Personal Finance

I’m making my way through a list of some of the most popular personal finance books,[1] and next up is The Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth, by T. Harv Eker. Even though Eker offers some important insights, I can’t in good conscience recommend this. First, the good parts Eker [&hellip

Book Review: Why Smart People Make Big Money Mistakes

Book Review: Why Smart People Make Big Money Mistakes

By The Banker | Book Reviews

One of the challenges of trying to teach and write about finance is figuring out the right balance between factual/rational information and psychological/irrational awareness. We can all “know” the right ten things to do with our money, or we can all learn five correct financial math techniques as much as the next person – but [&hellip

Book Review: Peace and Plenty by Sarah Ban Breathnach

Book Review: Peace and Plenty by Sarah Ban Breathnach

By The Banker | Book Reviews

Peace and Plenty – Finding Your Path to Financial Serenity by Sarah Ban Breathnach is the worst personal finance book I’ve ever read. I have written several personal-finance book reviews in the past year and have found quite a bit positive to say about most of the books, especially emphasizing their usefulness for a particular [&hellip