I like to show the movie Barbarians at the Gate in finance class because it is such a strong illustration of corporation finance: decisions about introducing a new product (the ill-fated Premier cigarette) and reinvesting in the bakery business; dealing with sunk costs (Premier); valuing cash flows; agency problems with management and shareholders; decisions about capital structure; and what happens… [Read More]
but the weather is just way too nice. So, this is the extent of today’s post!
John Green is a great guy. I’ve had the pleasure of meeting him, and he is really smart and really clever. His books are wonderful, and he deserves all of the success that he has had. But John Green and I disagree on one thing: the penny. John Green hates pennies. I love them. Follow… [Read More]
I have had it with people saying that anything they don’t like will put us on the road to Communism. The reason this happens is that people don’t really know what Communism is, just that it is bad and un-American. If they would read the Communist Manifesto, they would know otherwise. The book is in… [Read More]
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.
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.
