"Fee-sucking, evergreen income." That's how Bill Michaels describes our industry's reliance on asset allocation. The problem, he says, is that it doesn't make money for clients. But here's what "diwussification"–his play on...
Here's a link to my recent column in the Wall Street Journal. I had spotted three union members striking outside a restaurant on 52nd Street, making a fierce racket. I asked them to drive their 12-foot inflatable rat to my old shop and chant the name of one...
Why is this man holding a phone inside a toilet? Click on this link to read my column on the Wall Street Journal: The Greatest Cold Call of All Time. Must be a subscriber to read.
Last Thursday, the Wall Street Journal published my column about the pros and cons of registered investment advisers versus brokerage firms. Here's a link to my column and a short clip of what I had to say: Hang on. To paraphrase Mark Twain, the death of...
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.