If You Must Trade, Follow These Five Rules
It might surprise readers given my background as a former Wall Street trader, but I do not recommend short-term trading. You are unlikely to...
Why Jim Cramer Is Wrong About Doing Your Homework
When I worked on Wall Street, CNBC played on the TVs around the trading floor. Most of the traders were gone by 5:30 pm,...
The Dream Team Loses Big: The Fall of Long-Term Capital Management (Wall Street Profiles)
In this fifth installment of the Wall Street Profiles series, we look at the infamous Long-Term Capital Management (LTCM) hedge fund. It's been almost...
Wall Street Profiles: Bill Miller, Legg Mason Value Trust
In this second installment of my recurring series on famous Wall Street investors, I profile Bill Miller, the former manager of the Legg Mason...
How Do Stock Options Work? Part 2: Common Options Strategies
Stock options can be confusing to many investors because they can be used to make bets on a wide variety of market outcomes. They have...
Picking Stocks Is Like Being an NFL or MLB GM
I love sports. I suspect many of you do as well. I enjoy watching, reading, and talking sports.
In sports, you can't win without...
Wall Street Profiles: Carl Icahn
In this third installment of my recurring series on famous Wall Street investors (I have previously written about Jim Simons of Renaissance Technologies and...
Wall Street Profiles: Raj Rajaratnam, Galleon Group
In this fourth installment of my Wall Street Profiles series, I profile Raj Rajaratnam, the billionaire hedge fund manager at Galleon Group who was...
The Bull Market Is Over (Or Is It?)
The stock market has had a breathtaking run over the past eight years. Since its low point in March 2009, when the S&P 500...
How to Make Money Off Of Donald Trump’s Tweets
Donald Trump was inaugurated as the 45th president of the United States on January 20, 2017. No matter how you feel about his political...