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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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49 to 64 of 170 Posts
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Book Review: The Market Wonders, By Susan Briante
Tuesday, August 30, 2016 10:08 PM EDT
Twenty-five of the poems in this book take their title from the format of “Date, Closing Level and Direction of the Dow.”
In this article: DJI
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Not Cheering A Record-Setting Stock Market
Monday, July 25, 2016 9:27 PM EDT
It’s silly season in stock market news again. I’ll start by unpacking some reasons why this is silly news, and how you can be a much more sophisticated reader of financial news.
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Risk And Uncertainty And Heuristics
Tuesday, July 19, 2016 1:28 AM EDT
I’ve become very attached to the “Five Year Rule,” which is my consistent rule-of-thumb answer to the question: Should I invest in stocks?
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Book Review: Money Mindset By Jacob Gold
Thursday, April 7, 2016 12:40 PM EDT
In The Money Mindset – Formulating a Wealth Strategy in the 21st Century, Jacob Gold traces the key components for building financial fitness, such as finding the right mindset, understanding risk, asset allocation, and diversification.
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Five Bad Reasons To Invest The Way You Do
Monday, October 26, 2015 3:04 PM EDT
What are we really trying to do when we invest?
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ETFs Vs. Mutual Funds
Monday, October 12, 2015 2:14 PM EDT
Mutual funds and exchange traded funds (ETFs) do almost the same thing, allow an investor, with a single purchase, to own a diverse pool of assets. Thus, the most interesting question is usually not “mutual fund vs. ETF?” but asset allocation.
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China's Sneeze – Our Cold
Monday, September 7, 2015 12:59 PM EDT
In real economic terms, and as the second-largest economic power in the world since 2005, China has been a global player for a few decades.
In this article: GXC
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Minimum Wage Caveats And Local Update
Sunday, August 23, 2015 2:54 PM EDT
Economists who have studied the issue argue that historic data in the U.S. does not agree with my fear of increased unemployment, noting evidence showing little effect on unemployment rates with moderate changes in the minimum wage.
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Minimum Wage – Reasons To Be Cautious
Monday, August 17, 2015 3:57 PM EDT
Passing a private sector minimum wage law in a limited area – like within a single city’s boundaries – seems to me an invitation to employers to move businesses just outside city limits, or to consider starting businesses away from high-wage cities.
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Saving Is Never Easy
Sunday, July 12, 2015 9:40 PM EDT
When it comes to saving money, no amount of income is enough to make this easy. “If I made a million dollars a year,” you might think, “then I could start saving money pretty easily.” Nope, you’re wrong. That’s not easy at all.
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Dueling Mortgage Gurus And Uncertainty
Sunday, June 28, 2015 4:46 PM EDT
I’m a big fan of the choice to buy a home with a mortgage but even there, a controversial battle rages, anti-debt or pro-debt.
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Ask An Ex-Banker: FICOs Score And Monthly Balances
Friday, June 19, 2015 5:29 AM EDT
The most important element for FICO scoring (35%) is whether bills are paid 'on time,' so if you’re consistently doing that, your score will reflect that, and the fact that there’s a balance on your report is (mostly) irrelevant.
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Pundits Talking Their Book
Sunday, June 7, 2015 11:03 PM EDT
“Talking your book” means telling other people how they should trade based on what would benefit your own financial portfolio and positions.
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Rent Vs. Buy – The Simplest Answer
Sunday, May 24, 2015 9:26 PM EDT
The “Rent v. Buy” discussion offers endless opportunities for debate. I do have comments, however, on the financial implications of the Rent v. Buy debate.
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Downtown Revitalization – The Role Of A Billionaire
Tuesday, May 19, 2015 6:48 AM EDT
The small, serious, bookstore The Writer’s Block opened last year as part of The Downtown Project, entrepreneur Tony Hsieh’s plan for bringing tech startups, small businesses, and a sense of community back to Las Vegas’s downtown...
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Are Stocks Like A Casino? No. But YES!
Monday, May 4, 2015 7:58 PM EDT
Stocks held over the long run will make you money. Gambling at a casino, in the long run, guarantees the gambler will lose money.
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49 to 64 of 170 Posts
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