Many years ago, a friend who had been a trader at Morgan Stanley approached me with an idea: he wanted to write a book about how to advance in the finance industry. After all, he explained, 90% of your long-term success was about earning promotions and higher compensation. Everyone was obsessed with breaking into the […]

The past 1-2 years have been a depressing time. But my greatest disappointment wasn’t the constant doom-and-gloom news reports, the lockdowns, the isolation, the hysteria from weirdos on Twitter, or the travel restrictions. I can tolerate all of those as long as I have great TV shows to watch. Unfortunately, there haven’t been many in […]

If you’ve been reading this site for a long time, you probably know the truth: I don’t actually “like” the finance industry. I’m not a typical banker – people usually assume I work at a tech company – and I fell into this career accidentally. But that also gives me an advantage because I can […]

In my most recent portfolio update, I received a lot of questions and comments about the 6% of my portfolio currently allocated to angel investments. Crowdfunding across various asset classes – real estate, peer-to-peer lending, and tech startups – has exploded over the past decade. But is it worthwhile? Should you allocate a percentage of […]

A few short years ago, the landscape of “finance tv shows” consisted of a bottomless black hole. That black hole resembled the exit opportunities available to mid-level investment bankers, but was even less entertaining. There were plenty of shows about dragons, drug dealers, and advertising agencies, but nothing about hedge fund managers, traders, or private […]