Posts Tagged ‘philanthropy’

DAF and Dying With A Surplus

DAF and Dying With A Surplus

By The Banker | Blog Posts, Investing, Texas

If you face the high-quality problem of finishing your life with too much money, you’ve probably already figured out that three groups, and three groups only, get your surplus: The government, your family, and your preferred charities. Of these, we typically all agree about leaving the lowest legal amount to the government. Then we face [&hellip

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