Posts Tagged ‘texas’

In Praise Of Dirty Jobs

In Praise Of Dirty Jobs

By The Banker | Blog Posts, Personal Finance, Texas

If you have a fancy educational background, the tempting thing is to go into a glamorous field, full of smart people with equally good educations. Maybe investment banking, consulting, or a stint with a hedge fund? I tried all that. Because I’m a slow learner, I realized late that there’s got to be a better [&hellip

Audio Interview: Gary Sernovitz on Fracking Personalities

Audio Interview: Gary Sernovitz on Fracking Personalities

By The Banker | Audio Posts, Texas

Note: I reviewed Gary Sernovitz’ book in September, and we did a phone interview back then, which I’ve now posted as an audio interview, Part I – on the big personalities in fracking. Part II – on environmental issues, will follow. I recommend listening to the audio version, but I’ve posted a transcript of our [&hellip

School Finance FrightMare in Houston

School Finance FrightMare in Houston

By The Banker | Blog Posts, Inequality, Taxes, Texas

Voters living within the Houston ISD catchment area on November 8th face a “Scylla and Charybdis” vote – and it’s not Clinton vs. Trump – but rather equally terrible public school funding choices. What’s happening in Houston gives Texans everywhere an insight into a complex problem with no easy solutions, as Glen Read the general [&hellip

Hello Houston

Hello Houston

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

The Houston Chronicle recently started running my stuff, and I’m excited. In honor of my introduction to Houston, I’d like to offer a personal story about my very first trip to Houston. Best of all, this anecdote has a pithy financial moral at the end. In Spring 2001 I lived in New York City and [&hellip

Public Pensions - The Big Four In TX

Public Pensions – The Big Four In TX

By The Banker | Blog Posts, Texas

A key reason why I started a discussion of public pension funds in Texas by saying “Don’t Panic” is because 88% of Texans covered by a public pension plan are participants in one of just four plans, and the good news is that none of these four are in distress. Right now.  The largest four [&hellip