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Tag: inflation

What is inflation, anyway?

A lot of money smarts are also street smarts – knowing how to navigate the grocery store, finding the best cheap entertainment, and being able to negotiate a good deal. Other money smarts are also book smarts. The basics of economics and finance are helpful! Really! Recently, as friend asked me for an explanation of… [Read More]

Bitcoin, Zimbabwe, and full faith and credit

I was thinking about Zimbabwe because of the news about Mel Reynolds, and I have been doing work on bitcoin for various clients. And here’s what I don’t get about bitcoin: what backs it? I understand that nothing backs US currency other than the full faith and credit of the US government, but if the… [Read More]

On Gold, Guns, and Dried Food

People always ask me if they should buy gold. I always tell them it’s overvalued, but I’ve been saying that for years. Gold keeps going up in price for no good reason. That’s how bubbles are. It may be obvious that an asset (Beanie Babies, tech stocks, residential real estate) is overvalued, but the price… [Read More]

Latest Work

Hedge funds for Dummies Cover

Hedge Funds for Dummies, 2e
My first book has been completely revised! Updated to reflect changing markets, accessible strategies through ETFs, and new potential due diligence pitfalls.

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Latest Work

Cover of Day Trading for Dummies

Day Trading for Dummies, 5e
With five revisions, countless interviews with successful traders, and lots of research, this is the definitive guide to getting started, managing risk, and staying in the game.

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