Plutocrats Video - TED talk by Chrystia Freeland

Plutocrats Video – TED talk by Chrystia Freeland

By The Banker | Audio Posts, Book Reviews, Video

Inequality – in particular the growth of the super-rich – is a topic that should be better understood than it is. Earlier in the year I reviewed the interesting book Plutocrats – The Rise of the New Global Super Rich by Chrystia Freeland. If you prefer your knowledge in 15 minute video form rather than [&hellip

What is a Hedge Fund?  WSJ answers

What is a Hedge Fund? WSJ answers

By The Banker | Blog Posts, Wall Street

I’m quick to criticize traditional media when they dumb down, or sex up, or just miss completely on finance topics. The Wall Street Journal is better than most, but still I find myself shaking my fist at the paper from time to time. Earlier this week, in anticipation of the relaxation of rules for Hedge [&hellip

Another Reason You Hate Your Bank

Another Reason You Hate Your Bank

By The Banker | Blog Posts

Capital One Bank, my business bank since 2004,[1] called me yesterday. “Great News!” chirped the person who introduced herself as my business account manager, but who I’ve never met, and who has had no previous conversation with me before, ever. “Ok,” I replied flatly, immediately wary, because banks are not generally in the Great News [&hellip

Book Review: The Millionaire Mind by Thomas J. Stanley

Book Review: The Millionaire Mind by Thomas J. Stanley

By The Banker | Book Reviews, Personal Finance

The Millionaire Mind by Thomas J. Stanley did not win the acclaim of its predecessor The Millionaire Next Door, but I consider it an equally valuable resource for personal financial education. As with The Millionaire Next Door, which I reviewed earlier, Stanley conducts a type of ethnographic study of multi-millionaires, surveying them on attitudes, life [&hellip

Book Review: Innumeracy, by John Allen Paulos

Book Review: Innumeracy, by John Allen Paulos

By The Banker | Book Reviews, Personal Finance

In Innumeracy – Mathematical Illiteracy And Its Consequences  John Allen Paulos launches himself against the tide of mathematical illiteracy both as a polemicist and as a teacher.  His stated purpose is to appeal to innumerates with enjoyable and illuminating examples of everyday, as well as fanciful, uses of mathematics.  I enjoyed the book, and some [&hellip