14 December 2009

Middleman Beware: The Internet is Making You Obsolete

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I’m not an expert in business trends by any means, but it really seems like the disintermediation opportunities the Internet provides is beginning to replace, well… almost everything.
Think about this for a moment.
Where do you check the morning news? Where do you get your music? Manage your money? Place phone …

22 November 2009

Best Reads of the Week: Gold Bubbles, TBTF Banks, & PR Improvements

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When one of the best commodities traders around (Dennis Gartman) tells you that gold is going higher, but also warns that gold bubble has formed, then it’s time to hold on for a wild ride. Which is why I keep saying that traders know it’s a bubble, and that gold …

3 September 2009

This is How To Run a Bank: Take Deposits, Hold the Loans, & Implement the 3-6-3 Rule

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Now this is how you run a solid, old fashioned type of bank. CNBC interviewed a small, community bank CEO (Frank Sorrentino) from North Jersey Community Bank today, and if I was ever fortunate enough to run a bank, this is how I would hope to get it done.
The old …

1 September 2009

My Plan to Beat the Lending Club, Peer-to-Peer Investing Average

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Growing up, most kids I knew wanted to be an astronaut or play in the NFL. Always being one to go against the flow, as well as being a killer Monopoly player, I always wanted to be a banker.
I’m aware it’s an odd admission, but for some reason, the …

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