I'm going to imagine you have the basics: over ₤10M in the bank, a yacht, luxury London apartment, second home in Monaco, offshore bank account, and if not a private jet, at least access to one. Good, are you sitting comfortably in your designer Italian armchair? Then we can begin. -The Banker's Guide To Art
Napkin finance. Each sketch links to a post about investing. From a financial planner best known for losing his house.
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Get Rich Slowly, a personal finance web site (created by our jdroth), has been educational to someone who spent most of his life until now pretending financial matters don't exist. His blog is updated frequently, and contains insightful tips on living frugally, eliminating debt, saving and investing. Between his site, and another very educational site entitled I Will Teach You To Be Rich (start here), I've greatly expanded my knowledge about managing my money effectively. Perhaps most importantly, they're both consistently interesting and easy reads. [more inside]
An unexpected side effect of iTunes. Remember Bowie Bonds? Introduced in 1997, bonds tied to future profits of music artists (besides Bowie, James Brown and the Isley Brothers offered them) tanked with the advent of online filesharing. Thanks to iTunes, some on Wall Street are betting that the Bowie Bond is a concept with a future.
The Washington Post has one of the better articles about nanotechnology that I've seen, providing both a view of the billions of dollars of investment in the technology, and the concerns of environmentalists and consumer health advocates. The article predicts upcoming regulatory battles over how and when this technology should be released. Perhaps one of the brighter points of light is that concerns have shifted away from the superlative grey goo (IMHO: if a grey goo was chemically possible, bacteria would have done it already) towards the possible risks of disease due to exposure. Rice University has a page devoted to current information on research regarding nanotechnology and health.
Space-time continuum abused for financial gain Federal investigators have arrested a Wall Street whizz who made $350 million from an initial investment of just $800 in two weeks. The man has confessed to insider dealing, explaining that he travelled back from the year 2256 in his 'time craft' specifically to make a killing on recorded past stock plunges. The kicker? There's no record of the man's existence prior to December 2002.
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