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

Gary Sirak’s primary insight in his book If Your Money Talked What Secrets Would It Tell – an insight I happen to agree with – is that the psychology of money, our personal relationship with money – is usually our biggest personal finance problem. Financial insecurity often plagues the professional making half a million dollars [&hellip

The Wall Street Journal’s review this morning of the rise and fall of Brazilian (ex) Billionaire Eike Batista’s business empire contains excellent, timeless points about entrepreneurship, investing, and the madness of crowds.  I really recommend reading all of it. The bare facts – Batista dropped from a Forbes estimated $36 Billion net worth and business [&hellip

If you’d like to understand financial instruments used on Wall Street better, but you need a sports or entertainment hook as a spoonful of sugar to make the medicine go down, I recommend this article by Katie Baker on Grantland about the proposed Arian Foster “IPO” deal. [Katie Baker – who I do not know [&hellip

I’ve written passionately about the stultifying, influence-peddling, and depressing results of local governments engaging in ‘Economic Development.’ But the thing I like best in the world** is a smart, contrarian argument that shows how I’ve not considered all sides of an issue. Like this TEDTalk for example. We often easily dismiss the government’s role in [&hellip