If you want to make a lot of money on Wall Street, you have to be good with numbers, right? Wrong. You have to have the skills needed to identify value, but are those math skills? It turns out that the real value in value creation on Wall Street isn’t about complex math but something else entirely.
Want to know how you can help clients avoid scams, make a lot of money helping them get richer, and avoid the rat race of the stock market? Many would be surprised to learn that Wall Street is a lot more than stocks, and smart analysts who can identify scams can find themselves getting a huge book of clients very quickly–as long as they know where to look.
Even if you think insurance is boring, you shouldn’t. The unfairness in insurance regulation boring. Why do regulators favor low-information, ill-informed investors? What does this say about our financial system, and about America? Believe it or not, examining the way variable annuities are treated by FINRA tells us a lot about fundamental theories in America about customer rights and duty of care–and it also tells us that America is quite different from many other countries in this respect.
How do you recommend a stock? Believe it or not, the rules on this are actually very strict–and you can get in trouble for doing it incorrectly.
Red Lobster is going bankrupt and a billion dollars of debt might go unpaid. How did this happen, and is there fraud involved? The answer is quite complicated, and it’s a great lesson on why deep financial analysis is extremely important.
Brokerages don’t get as much attention as they should, since brokers are the ones who make it possible to buy and sell shares. What do they do, how can trades go wrong, and should you be worried? Understanding the mechanics of securities transactions is great for having confidence in markets, and it’s essential if you want to make money in markets.