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Bankers Anonymous

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My name is Michael Taylor. I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying to score ...more
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145 to 158 of 158 Posts
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1930s Style Debt Defaults?
Thursday, January 16, 2014 10:13 AM EDT
Economists Carmen M. Reinhart and Kenneth S. Rogoff’s latest paper re-raises the specter of sovereign default in the so-called ‘developed world.'
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Book Review: The Richest Man In Babylon By George S. Clason
Monday, January 6, 2014 9:39 AM EDT
My taxi driver to the airport – upon hearing I was a ‘finance guy’ – told me all about The Richest Man in Babylon by George S. Clason, a book which changed his life.
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Book Review: Capital By John Lanchester
Friday, January 3, 2014 3:24 PM EDT
John Lanchester’s novel Capital presents the 2007 and 2008 pre-conditions for the crisis in London – soaring real estate values, extraordinary inequality, random good and bad fortune, injustice, and fundamental cultural misunderstandings.
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My New Year's Resolutio And The Lesson Of Compound Interest
Thursday, January 2, 2014 11:07 AM EDT
If you've never had extra money to spend, let alone invest, you might feel that it would be pointless to try to save small amounts. But it's not... because of the power of compound interest. The same applies to life.
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Poem “Investment Returns”
Wednesday, January 1, 2014 12:41 PM EDT
My inaugural Bankers Anonymous “Finance Poem.” Ahem, thank you. Thank you very much. And happy new year.
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Book Review: Make Your Kid A Millionaire By Kevin McKinley
Wednesday, December 25, 2013 10:12 AM EDT
Anyone who enjoys engaging in the fantasy “My kid could have a lot more money some day than I do!” should read Make Your Kid A Millionaire.
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It’s A Wonderful Life, A Failed Banker Origin Story
Monday, December 23, 2013 1:09 PM EDT
What George Bailey and I have in common.
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Ask An Ex-Banker: Should I Open An IRA?
Thursday, December 12, 2013 8:07 PM EDT
A beginner's guide to world of IRAs.
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Part II – Compound Interest And Wealth
Wednesday, December 11, 2013 3:04 PM EDT
“The most powerful force in the universe is compound interest” – Albert Einstein
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Book Review: Investing Demystified By Lars Kroijer
Wednesday, December 11, 2013 11:52 AM EDT
​Can we invest our own personal portfolio in a sophisticated way, without incurring high costs or having to be financial experts ourselves? Lars Kroijer has the answer.
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David Simon Says It All
Tuesday, December 10, 2013 7:50 AM EDT
David Simon, creator of The Wire, wrote the best piece I’ve read in a long time about inequality in the West, and our impoverished political dialogue about it.
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Part I – The Most Powerful Math In The Universe Goes Untaught
Thursday, November 21, 2013 12:47 AM EDT
“The most powerful force in the universe is compound interest” – Albert Einstein
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Eike Batista – Familiar Lessons On Financial Catastrope
Monday, November 11, 2013 1:49 PM EDT
The Wall Street Journal’s review this morning of the rise and fall of Brazilian (ex) Billionaire Eike Batista’s business empire contains excellent, timeless points about entrepreneurship, investing, and the madness of crowds.
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Book Review: If Your Money Talked What Secrets Would It Tell By Gary Sirak
Wednesday, November 6, 2013 7:00 AM EDT
Gary Sirak’s primary insight in his book If Your Money Talked What Secrets Would It Tell – an insight I happen to agree with – is that the psychology of money, our personal relationship with money – is usually our biggest personal finance problem.
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145 to 158 of 158 Posts
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