stocks

Traditional finance is uninspiring: it’s possible to buy a bond or CD (“certificate of deposit”) that pays out a certain amount of interest every year. But there is no investment that will literally buy you a sandwich or coffee every day—until now, that is!

Nov 27, 2023

Finance

bond, bonds, cds, Finance, sandwiches, stocks, tangible investment, unusual cd or bond that pays out in coffee and sandwiches

Background: A large class of investments work as follows: you, the investor, lend a chunk of money to a borrower, who then pays it back (hopefully) over time with a bit of extra interest. Example: a city issues a $1200 bond that pays $350/year for four years (total: $1400, unless the city goes bankrupt: https://www.google.com/search?q=cities+that+went+bankrupt.)…
A new style of financial advice: showcase only the stocks that were enormous losers and led to financial catastrophe!

Apr 4, 2022

Finance

apple computer, enron, microsoft, stocks, wang laboratories, windows phone, zeppelin

Background: A huge number of books, blogs, and web sites have been written to supply investment advice to the common people. Almost all of these books recommend strategies that, up to that point, have been successful. Strangely, very few of them recommend strategies that have lead to catastrophic financial failure, even if the strategies behind…