Posts Tagged ‘how not to invest’

Driving In Traffic - A Metaphor For Fund Fees And Performance

Driving In Traffic – A Metaphor For Fund Fees And Performance

By The Banker | Blog Posts, How Not To Invest, Investing

Editor’s Note: A version of this post appeared in the San Antonio Express News in my brand spanking new “So…Money” column.   My morning commute this summer means driving the two young lovelies to their respective kid camps. I like driving in heavy traffic as much as I enjoy hauling over-heated kitchen garbage out to the [&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

Ask an Ex-Banker: How to Invest Unexpected Cash

Ask an Ex-Banker: How to Invest Unexpected Cash

By The Banker | Ask an Ex-Banker, Blog Posts, Personal Finance

A friend asked me recently for investment advice.  I sent her my thoughts by email but couldn’t resist making it into an “Ask an Ex-Banker” post. Question:  My daughter got caught in the housing downturn and finally has sold her condo in NY but is too poor in this economy to buy a bag of [&hellip

Who Killed Fund Performance?  We All Did!

Who Killed Fund Performance? We All Did!

By The Banker | Blog Posts, How Not To Invest, Investing, Wall Street

Essay Review of “Murder on the Orient Express – The Mystery of Underperformance” Once in a while I read something which crystalizes for me – with data and arguments better than I could hope to make – what I already suspected but hadn’t yet put into words. Charles D. Ellis writes in Financial Analysis Journal[1] [&hellip

Book Review: Black Swan - The Impact Of The Highly Improbable

Book Review: Black Swan – The Impact Of The Highly Improbable

By The Banker | Book Reviews, How Not To Invest

The “Black Swan,” of Nicholas Nassim Taleb’s title, describes an event that occurs completely outside expectations, has an enormous impact on future developments, and can be explained only in hindsight as predictable. Further, Taleb argues that despite the fact that we are blind to their imminent arrival ahead of time, Black Swans drive the world [&hellip