Last night, I went to a party held at a hotel rooftop bar across the street from Busch Stadium. The Cardinals won. How fun!
Blog
Barbarians at the Gate, workers, and wages
I’ve started showing Barbarians at the Gate in my corporation finance classes because it is a great story that ties together so many items on the syllabus: investment decisions in existing businesses, sunk costs (the Premier cigarette), the differences between cash flow and accounting income, and the use of leverage. Plus, James Garner is so… [Read More]
Cash is still the king
I prefer to use cash as much as possible. It makes me mindful of my spending, and it is accepted everywhere. Yesterday, I had lunch with friends at their high-rise apartment. I parked in the building garage. When it was time to go, I realized that I left my wallet at home. Would they take… [Read More]
I’m joining the Yakezie Challenge
Later this week, I’m going to FinCon, a financial bloggers conference. One of the events caught my eye: a meet-up for members of Yakezie. It’s a network of personal finance bloggers, and one of the goals is for the members to support each other. And, to that end, they run the Yakezie Challenge, which is… [Read More]
How much education about money should kids receive? And where?
The other night, I was talking to a friend who also has a son in high school about our kids’ schedules. Her son had to stop taking Spanish because his school district requires students to take a class in personal finance. On the one hand, I hated to see any American give up study of… [Read More]
