Hello Houston

Hello Houston

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

The Houston Chronicle recently started running my stuff, and I’m excited. In honor of my introduction to Houston, I’d like to offer a personal story about my very first trip to Houston. Best of all, this anecdote has a pithy financial moral at the end. In Spring 2001 I lived in New York City and [&hellip

Book Review: The Green And The Black by Gary Sernovitz

Book Review: The Green And The Black by Gary Sernovitz

By The Banker | Book Reviews, Texas

I’m always on the lookout for people who can hold diametrically opposed views in their head simultaneously. Is that why I enjoy Claire Danes in Homeland so much?[1] Gary Sernovitz, the author of The Green and the Black, brings the perfect profile for diametrically opposed thoughts about the fracking boom, which is probably what we [&hellip

Houston We've Got a (Pensions) Problem

Houston We’ve Got a (Pensions) Problem

By The Banker | Blog Posts, Texas

Houston’s three public pensions may not be in total distress today, but some of the instrument panels are beginning to flash orange. One of the warning signs is the hit to the city’s credit-ratings earlier this year, as Moody’s Investors Service downgraded the City of Houston’s debt on March 16 2016. You might guess that [&hellip

Book Review: The Market Wonders by Susan Briante

Book Review: The Market Wonders by Susan Briante

By The Banker | Book Reviews, Wall Street

I met Susan Briante at a poetry reading recently. It was her reading, from her book of poems The Market Wonders, in particular. I had a sense that I could learn quite a bit from talking with her. A poetry book about The Dow, and market values, and human values? How could I resist reading and [&hellip

Apollo Global Purchases Rackspace - My Take on Texas Public Radio

Apollo Global Purchases Rackspace – My Take on Texas Public Radio

By The Banker | Audio Posts, Texas

I went on Texas Public Radio on Friday to comment on the news that Leon Black’s Apollo Global had agreed to purchase San Antonio cloud-hosting firm Rackspace for $4.3 billion.   Post read (46) times