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tsuomela : investing   24

Interfluidity :: Vanilla is a commodity
Extracting the vanilla from the CFPA is not, as Felix Salmon put it "the beginning of the end of meaningful regulatory reform". It is the end of the end. Vanilla products were the only part of the CFPA proposal that was likely to stay effective for more than a brief period, that would be resistant to the games banks play. All the rest will be subject to off-news-cycle negotiation and evasion, the usual lion-and-mouse game where regulators are the rodents but it's the rest of us that get swallowed.
regulation  finance  economics  investing  consumer-protection  simple  complexity  information-overload 
october 2009 by tsuomela
Boston University School of Management
This series of ten videos features School of Management Professor Zvi Bodie discussing crucial topics in personal finance.  From the hidden risks in your 401k to the age you should retire, Professor Bodie covers much of the ground in his book Worry Free Investing.
money  economics  investing 
march 2009 by tsuomela
Interfluidity :: Should "bad" financial contracts be banned?
Flawed financial instruments only become policy issues when people responsible for investment on a significant scale decide that what they don't know won't hurt them. This can happen by virtue of fads and fashion, the madness of crowds: consider internet stocks, or blind faith in diversification and "stocks for the long run". But most poor investment, in dollar-weighted terms, is not taken by foolish individuals placing their own money. Bankers and institutional investors are on the one hand granted the power to control investment on a very large scale, and on the other hand make consistently awful choices. Delegated money, rather than trading off return and safety, often trades return for safe-harbor. Absurd contracts that appear to offer high returns are very attractive to money managers of all stripes, if they offer a veneer of safety and "prudence", or better yet, if they become conventional.
financial-engineering  crisis  2008  credit  business  investing  regulation 
december 2008 by tsuomela
Blaine Lourd Profile - Executive Articles - Portfolio.com
Blaine Lourd got rich picking stocks. But then he realized that everything he thought he knew about the markets was wrong. And he's not alone.
finance  economics  money  wall-street  investing  markets  rational-markets  profile 
december 2007 by tsuomela

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