I don’t use a debit card. I have one that I use only at the cash station. I’m suspicious of debit cards, and I can’t fully explain why. It just seems to me that whenever the bank pushes something hard, it’s a better deal for them than for me. I also think that using cash… [Read More]
Blog
Ten Badly Explained Topics in Finance Textbooks
Pablo Fernandez is a professor at the business school at the Universitad de Navarra, a Spanish institution. One of his area of research is how finance is taught. The idea is that students pick up concepts in class that then carry over to how they interpret finance on the job. For example, he conducts a… [Read More]
Five Movies About Emerging Markets
These won’t make you a better investor, but they offer some insight into parts of the world that are changing. And they’re really good. Brat (Brother) (1997, Russia): This is a film about life in St. Petersburg after Perestroika. I was in St. Petersburg in 1992, and it all looks terribly familiar to me although,… [Read More]
Five Movies About Money
The blogathon comes with a list of assignments, and today’s is to write about five favorite movies. I decided to twist the topic a little and list five movies about money. All of these are great fun, for different reasons (Bonfire of the Vanities, for example, is a train wreck), and they all talk about… [Read More]
Women Need to Stop Opting Out of “Hard” Subjects, Like Finance
This is a manifesto for a Sunday. And it’s a big one, so pay attention: Girls can do math. It is okay to get a low grade in math. Math opens the doors to many well-paying careers. STOP SELF-SELECTING OUT OF GREAT OCCUPATIONS JUST BECAUSE YOU WANT TO HAVE A 4.0!!!!!!! AND STOP BRAGGING ABOUT… [Read More]