Category: Advice

Found a great article on the New York Times about the risk models used by the so-called “finance geniuses” that were so tragically wrong.‚  It boils down to the fact that most of the risk models were based on historical data and did not consider the fact that markets can sometimes be wildly unpredictable… heck, there is even the miniscule probability that financial markets could go all the way to zero.‚ … read more “Financial Risk Management Article”

Tomorrow, I have two things that I really want to do.

The first is to watch the BCS college football national championship game between Florida and Oklahoma.‚  Tim Tebow, Florida’s quarterback, is possibly the greatest college football player ever to step foot on the hallowed gridiron.‚  Tebow will battle Sam Bradford, this year’s undeserving Heisman Trophy winner.‚ … read more “The Great Debate: Body versus Brain”

As a finance major in business school, I heard many times how Wall Street finance guys were the pinnacle of humanity and how they were far more intelligent than the rest of us.‚  The ground they walked on was holy and their pronouncements hammered in stone.

After the huge market crash, these former untouchables are now catching a lot of heat and being accused of defrauding investors, hurting America and even stupidity.… read more “Elite Finance Gurus: Idiots, Frauds or Geniuses?”

In the right hand side column of my blog, you will now see a section titled “Chat Box”.‚  In the “Chat Box” you can post short comments and have discussions via live chat with other readers or myself‚  in the‚  side bar!‚  To join the conversation and make your own comment, simply click on the “Click to Chat” link and it will give you a box to say something.‚ … read more “New Blog Feature: Live Chat!”

Read this article on why Wall Street collapsed. Michael Lewis wrote an intelligent piece about how the so-called “genius financial titans” transferred risk from themselves to common shareholders and eventually to the U.S. government.‚  All of the Wall Street traders were involved- taking home monster bonuses for screwing their shareholders, customers and bondholders.‚  How do we fix it?‚ … read more “Michael Lewis on Why Wall Street Collapsed”

The following informational video describes my methods on how to build and promote a website. My advice comes from my experiences building a variety of websites and optimizing these websites to accomplish predetermined goals.

Helpful or too boring?… read more “How to Build & Promote A Website”

Someone told me recently that reading a movie review before you see the movie ruins it for you, so I will just say that if you haven’t seen Gran Torino yet do so as soon as possible.

The following video is another in the group of five that I made yesterday. It is much less horrifying than the last one I published and has some pretty good analysis of mortgage interest rates. I made the mortgage interest rate video because I am researching mortgage lenders right now and thought other people might benefit from what I learned.… read more “Mortgage Interest Rate Video”

Over the last few weeks, the Big 3 automobile manufacturers based in Detroit (GM, Ford, Chrysler) have been pleading for a government bailout.‚  The Detroit automakers say that they need a bailout because the credit crisis has impacted their businesses.‚  Of course, idiotic management might have had something to do with it: top executives at all three companies notoriously flew to request federal bailout funds from Congress in their private jets.‚ … read more “Detroit Automakers Bailout – Criminally Stupid”

In the movie Fight Club, the character Tyler Durden (Brad Pitt) states, “Self-improvement is masturbation”.‚  Durden is absolutely correct.‚  Whether you take this to be good or bad is dependent upon your view of what the act of masturbation represents: is it self pollution or positive self reinforcement.‚  To me, it is an act of positive self reinforcement since it releases you from your biological reproductive imperative to accomplish greater tasks.‚ … read more ““Self-Improvement Is Masturbation””