I have to tell you, it’s very cool how my book, Backstage Wall Street, has started to gain traction among my fellow financial advisors this winter. I’ve heard from hundreds of them and it’s amazing how much we all agree upon, how many of them have had similar experiences to mine. One of the areas…

Video.

Investments that are guaranteed to blow you up where you stand.

The first excerpt of Backstage Wall Street now available!

I’ve been slaying the non-traded REIT here on the site and in my book Backstage Wall Street for the better part of five years. I’ve never heard a convincing story for why investors should want to buy one and the conflicts abuses of the sales process for these things were so obvious they could be…

“Disclosure is a great defense. It turns out you can do some pretty egregious things to your clients if you tell them you’ll do so in a document.” My friend Simon Lack, author of the incendiary The Hedge Fund Mirage, is back with his new book, Wall Street Potholes. In it, Lack explains why there are…

An immigrant from Central America, she retired from AT&T in 2003 with an IRA set up by Tarr. Afterwards, they often discussed investments over coffee at Lew’s kitchen table, as her prized green parrot squawked in a cage with a sweeping view of the parched hills surrounding San Francisco. Lew started her withdrawals at $2,000…

“Mahaney joined the gang of Italian Dave, the famed sneak thief and fagin, whose group of street urchins and pickpockets were among the notorious thieves of the Five Points. Italian Dave had between 30-40 youths, between the ages of 9 and 15, whom he housed in a Paradise Square tenement building. It was here that…