Posts Tagged ‘financial infotainment industrial complex’

Part III - Compound Interest and Consumer Debt

Part III – Compound Interest and Consumer Debt

By The Banker | Blog Posts, Inequality, Personal Finance, Wall Street

Part III – Compound interest and Consumer Debt Please see earlier posts Part I – Why don’t they teach this in school  And Part II – Compound interest and Wealth So in the last post I wrote about the the incredible power of compound interest, and the possibility it suggests about wealth creation over time. [&hellip

Part I - The Most Powerful Math in the Universe Goes Untaught

Part I – The Most Powerful Math in the Universe Goes Untaught

By The Banker | Blog Posts, Personal Finance, Wall Street

On Teaching Compound Interest and Discounted Cash Flows   “The most powerful force in the universe is compound interest” – Albert Einstein[1]   “Tomorrow and tomorrow and tomorrow, Creeps in this petty pace from day to day To the last syllable of recorded time”   This Spring I began teaching Personal Finance to a group [&hellip

Book Review: The Intelligent Investor

Book Review: The Intelligent Investor

By The Banker | Book Reviews, How Not To Invest, Investing

I never intend Bankers Anonymous as a “How to invest” site,[1] but B$A readers may safely approach The Intelligent Investor as a “How Not to Invest,” a more profitable set of rules in the long run, in my opinion.  I prefer The Intelligent Investor to any modern investment book I’ve ever read, and I recommend it as [&hellip