Book Review: The Signal And The Noise by Nate Silver

Book Review: The Signal And The Noise by Nate Silver

By The Banker | Book Reviews, Investing, Wall Street

I took a mandatory course in high school[1] called “Theory of Knowledge,” meant to help us consider ‘How do we know things?” “How do we know things?” turns out to be one of those big philosophical questions – dating from the time of Plato & Aristotle – irritating all of us for the last few [&hellip

Book Review: An Illustrated Book of Bad Arguments by Ali Almossawi

Book Review: An Illustrated Book of Bad Arguments by Ali Almossawi

By The Banker | Book Reviews

We are inundated all day by opinions of friends, family members, frenemies, colleagues, bosses, television commentators, newspaper columnists, radio hosts, political leaders, and ex-banker bloggers all making more or less ridiculous arguments in favor of their worldview. We may frequently sense that they’re wrong, but we can’t quite put our finger on the flaw in [&hellip

Daughter's First Stock Market Investment

Daughter’s First Stock Market Investment

By The Banker | Blog Posts, Investing, Personal Finance

As a father of two daughters, I know I’ll never forget certain special times: their birth, Day 1 of Kindergarten, baby’s first piano recital, menacing the punk who is picking her up to go to the prom, and the police report I’ll file when she quits college to run off with the lead singer of [&hellip

Last Words on the London Whale

Last Words on the London Whale

By The Banker | Blog Posts, Wall Street

The last thing this world needs is another comment on the London Whale, but I’ve been silent on the topic for over a year, and today’s announcement that JP Morgan will pay $920 million in penalties, plus offer an apology, inspired a few quick thoughts. The settlement is meaningless, as punishment All along, the London [&hellip

What's In My Wallet?  Hope.

What’s In My Wallet? Hope.

By The Banker | Blog Posts

I recently complained about my business bank’s proposed unilateral change in checking account terms because they moved from simple to complicated in their cost structure. Not only that, but earlier this Spring I had written that they really rubbed my rash when I tried to close a line of credit with a 2 cent balance [&hellip