You may have noticed that I write about all things financial: hedge funds, bitcoins, investing in Africa. Sometimes people ask me why someone with an MBA is writing about museum free days and buying store brands at the grocery, but to me, it’s all the same. It’s all about getting the most value for your… [Read More]
Blog
Category: Books
An ongoing appreciation for Barbarians at the Gate
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]
Everyone in America should read the Communist Manifesto.
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]
The One-Page Financial Plan is a great book.
Carl Richards’ book The One-Page Financial Plan: A Simple Way to Be Smart About Your Money came out at the end of March. I finally finished reading it, and it is great. Why? Because it is so darn simple! For most people, financial planning is a simple matter that starts with spending less money than… [Read More]
Blogging, sharing, and the value of your information
I keep this blog because I like an outlet for my thoughts on money, my travels, and my attempts to learn photography. It’s semi-public, because hardly anyone reads it, but that’s okay. I’ve been online for a long time. The brokerage firm that I worked for in San Francisco was one of the early promoters… [Read More]
