Why I’m never going to work for an investment bank again
The reason that I’m writing you here – and not, say, working at a bank anymore – is pretty straightforward. It’s a Rolex watch. HoliHo / Pixabay I worked in finance for... Read More
How to not blow yourself (or your investments) up
“There are old traders, and bold traders, but there are very few old bold traders.” This means that younger investors are a) prone to boldness and b) these same aggressive... Read More
Crimes in cryptoland
At some point in every cop drama movie you’ve ever seen, there’s the inevitable scene where competing law enforcement agencies clash over “jurisdiction”… especially when it’s a particularly juicy... Read More
The Day The Chinese Govt Took Over The Waldorf
A butterfly flaps its wings in Patagonia… and there’s a cyclone in (say) Pattaya. It’s the same thing with money – and Anbang, as I’ll get to in a... Read More
How to overcome gambler’s fallacy and confirmation bias
Markets – whether they’re for stocks, cryptos (especially), Picassos, Beanie babies, or pre-war chewing gum wrappers – have a lot in common with gambling… especially for people who don’t... Read More
My $125 Million Dollar Mistake
The portfolio held 70 stock positions… and I had no clue about most of them. I had inherited US$125 million in dozens of shares from a previous portfolio manager,... Read More
When Reagan cut taxes, Gross Govt debt was around 30% of GDP. Today it’s over 105%… and climbing
When you have a job and are earning some income, typically you look to save. In other words, spend less than you earn, and tuck away or invest the... Read More
How To Determine If Your Financial Expert Is A Used Caresales Type Or Good
Investing can be scary… especially when markets take a dive like they did earlier this month. That’s why a lot of people turn to “experts” to help them invest their... Read More
