David Simon Says It All

David Simon Says It All

By The Banker | Blog Posts, Inequality

David Simon, creator of The Wire, wrote the best piece I’ve read in a long time about inequality in the West, and our impoverished political dialogue about it. Please read this in full because  Simon engages with complexity, and that doesn’t work in just one paragraph.  Nevertheless, I will summarize it for you:  “Capitalism is [&hellip

Mexican Democracy - Something Hopeful This Week

Mexican Democracy – Something Hopeful This Week

By The Banker | Blog Posts

And now for something completely different:  Mexican Democracy. No, that’s not the name of Axl Rose’s next tortured, long-awaited, magnum opus. Mexican democracy is a topic I used to obsess over before I became a finance guy, on my distinguished journey to the pinnacle of achievement: an obscure ex-banker typing up his opinions on finance, [&hellip

Excel Basics Introduction Video #3 - Arithmetic and The Formula Bar

Excel Basics Introduction Video #3 – Arithmetic and The Formula Bar

By The Banker | Audio Posts, Texas, Video

Excel is so useful for small businesses that I’m posting a series of short instructional videos I made in collaboration with Accion Texas, a regional micro lending organization.  The idea is to get entrepreneurs to start tracking their sales, customers, revenues, and profits in a more useful format than a sheet of paper or the back [&hellip

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

Inequality in America - The Map

Inequality in America – The Map

By The Banker | Blog Posts, Inequality, Texas

The Washington Post published this last month and I missed it, but there’s no time like today for good graphical representations of inequality.  The Washington Post  ranks zip codes from the 1st to 99th percentile based on the average income and college education of residents, relative to all other US zip codes. A few fascinating [&hellip