Self-employment has some downsides. One is that you rarely get a lot of positive feedback. There are no celebratory luncheons or bosses giving you pats on the back. (I know, I know, there aren’t that many happy moments in regular employment, either.) When I was starting out, someone told me to keep a file called… [Read More]
Blog
Day Trading For Dummies Second Edition Out
The second edition of Day Trading for Dummies is out and available for your reading pleasure. Exciting, huh? This edition fixes a few mistakes, reflects changes in the market (such as the mergers of the exchanges), and has more perspectives from more traders. It was great fun. One of the things I love about my… [Read More]
Henry Blodget and I Lead Parallel Lives
I’ve watched the career of Henry Blodget in fascination. He and I worked on the sell side – at different firms – at about the same time; I came from a traditional finance background (MBA, CFA, experience as a junior analyst at a mutual fund company), while he came to Wall Street after working as… [Read More]
The Power of MSCI
Whenever I talk about emerging markets, people want to argue with me. Why is Korea on the list, when it’s as developed as any country out there? How can you say China is an emerging market when its GDP is the world’s second largest? The answer is simple. An emerging market is any that is… [Read More]
Three Cans of Diet Coke
I’m going to add three cents to the discussion about Greg Mortenson’s Three Cups of Tea, the book about his embellished school-building program in Afghanistan. First, the expose by Jon Krakauer, longer than an article but shorter than a book, is available online through a new service, Byliner, that hopes to commercialize more works of… [Read More]