Guest Post: Don’t Buy Too Much Insurance!
Editor’s Note: Lars Kroijer, semi-regular contributor here and author of Investing Demystified, offers one of the two most important principles of Insurance: Namely, don’t buy
Editor’s Note: Lars Kroijer, semi-regular contributor here and author of Investing Demystified, offers one of the two most important principles of Insurance: Namely, don’t buy
I’ll admit to two large biases before praising Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager. First, I prefer a
The Rise of the Machines Michael Lewis wrote Flash Boys to alert the non-finance world about the scourge of high frequency traders front-running investors and
I learned from my wife the concept of the “feedback sandwich,” by which she means if you want to give someone an important piece of
Markets work great, if the goal is to 1. Maximize total output; 2. Encourage innovation; 3. Reward maximum effort; 4. Reward talent; and 5. Use
“Daddy,” began the little princess plaintively, “I’m bored.” The poor thing is trapped in her tower for the Summer months. Wizarding school ended the first
I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying to score points over next year’s budget – it is a weakness of our civil society. For reals. It’s also really fun for me.
We’ll let you know when we have new posts!