Posts Tagged ‘philanthropy’

In Defense of John Paulson

In Defense of John Paulson

By The Banker | Blog Posts, Wall Street

I feel like there are lessons about philanthropy in John Paulson’s $400 million gift to Harvard that I haven’t seen explained yet. I don’t know John Paulson (maybe that’s already obvious?) but I feel like I know a little bit about how he thinks, having worked with, for, and as a mortgage bond professional, and [&hellip

The Davis Discipline - A Good Book and An Amazing Life

The Davis Discipline – A Good Book and An Amazing Life

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

If you haven’t heard of Shelby M.C. Davis – and relatively few people have because he’s a very private person – you’re missing the story of one of the world’s great investing families, as well as one of the world’s most generous philanthropists. He’s an all-timer. The Davis Discipline: Fifty Years of Successful Investing On [&hellip

Video: TEDTAlk on Philanthropy

Video: TEDTAlk on Philanthropy

By The Banker | Audio Posts, Video

In the spirit of my earlier posts on Philanthropy, I enjoyed this presentation, with its thought-provoking questions. Question #1: Can I make a difference? He offers this site as an innovative way to think about philanthropic giving, even on a modest salary: www.givingwhatwecan.org Question #2: Do I have to give up my career? He argues [&hellip

On Philanthopy, Part II - Asking for Money

On Philanthopy, Part II – Asking for Money

By The Banker | Blog Posts

On asking for money, in a simple three step process.  Warning: Metaphor in use. Step 1.  Find a donor. Step 2. “Oh, hi, it’s you.  Listen, can I ask you a favor?  Can you hold my baby for a minute?” Step 3.  In a few moments, donor not only cuddles baby – but ends up [&hellip

On Philanthropy, Part I - Giving Money Away

On Philanthropy, Part I – Giving Money Away

By The Banker | Blog Posts

Another key to wealth I’ve written before that the key to being wealthy involves work, and in particular, work doing something you would do regardless of whether it pays or not. But giving money away is also a cause and effect of feeling wealthy. We know we have enough money when we begin to give [&hellip