I’ve been writing a lot of about college finances, most recently for Belt, and most of the stories of trouble colleges follow a predictable combination of enrollment dropoff and financial shortfall. The announced closing of Sweet Briar College in early 2015 deviated from this. Enrollment was declining, but the financial position was okay. What was… [Read More]
One of the more interesting issues in financial management is that of absorption: how easily can an individual, organization, or nation handle an influx of cash? I’m involved with an organization called Impact 100 Chicago,. The members contribute $1000 each and then ask local organizations to apply for grants. The grant applications are reviewed, with the… [Read More]
Alan Greenberg, often known as Ace, died recently. He had been the chairman of Bear, Stearns and was known for his dictates to his employees. One of the most famous was the Ace Greenberg Paper Clip memo, in which he ruled that paper clips should not be thrown away. Each employee received one box of… [Read More]
Most institutions of higher education have been hurt three ways by the financial crisis: endowment returns are down; donors have less money to give; and families need more financial assistance to cover tuition. Just about every college and university has been affected. But one college has had the misfortune of having financial fraud and poor… [Read More]
This is Part 3 in a series. Part 1 looked at corporate structure and Part 2 looked at problems with sports teams. Part 3 is about how all this affects investors, especially those who are trying to be socially responsible. Now, social investing is a really broad topic. It is investing in a way that reflects… [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.