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

Rage Against the Machine - Oil & Gas News Coverage Version

Rage Against the Machine – Oil & Gas News Coverage Version

By The Banker | Blog Posts, Investing, Texas

Morning News Rant Do you find yourself eating your morning granola, hunched over the financial news, stopping in the middle of a paragraph, feeling your eyes glaze over as your BS-meter tilts red in 0.6 seconds, and then looking up at the window to start mumbling like a deranged person to yourself about the absurdity [&hellip

The Allowance Experiment, Completed!

The Allowance Experiment, Completed!

By The Banker | Blog Posts, Personal Finance

Last night completed Day 30 of the “Allowance Experiment,” in which I offered my eldest daughter a daily payment calculated as 10% of her allowance savings, compounding daily.  On day 1, she began with an initial grub stake of $1.  She received $0.10 on day 2 (10% of $1) and $0.11 on day 3 (10% [&hellip

Ask an Ex-Banker: Is This The Greatest Wealth-Making Opportunity Of All Time?

Ask an Ex-Banker: Is This The Greatest Wealth-Making Opportunity Of All Time?

By The Banker | Ask an Ex-Banker, Blog Posts, How Not To Invest, Personal Finance

Andrew, in Baltimore, writes in with a sure-fire way to earn 1%, risk-free, for 10 seconds of ‘work.’ I’m almost afraid to let out his secret, as mobs will soon descend on the City of Baltimore’ inner harbor Aquarium to attempt to reproduce this sure-fire money-making process. But, I owe it to Bankers Anonymous readers [&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