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Contributor's Links: Bankers Anonymous

My name is Michael Taylor.  I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying ... more

ALL CONTRIBUTIONS

Improving Retirement, Reducing Aristocracy
The Democratic-controlled House passed The Setting Every Community Up For Retirement Enhancement and Savings (SECURE) Act in May 2019.
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Book Review: Fifty Inventions That Shaped The Modern Economy, By Tim Harford
What gives Harford’s book extra philosophical texture is his eagerness to consider technological innovations for all their consequences – for both better and worse.
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Annuities Rant Part III – Moderating My Complaints
I spilled considerable ink this Spring bashing all manner of insurance products peddled as investment products. Now I will pull some of my punches and give a more moderated view of some annuity products.
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Annuities Rant Part II – Low Returns And High Fees
Fixed rate annuities are the exception in that they do not charge high fees. In fact, generally, they don’t charge you any fees at all. Instead, they offer you very low returns.
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Book Review: Bad Blood By John Carreyrou
I recently finished the best business book I’ve read in the past year, John Carreyrou’s Bad Blood: Secrets and Lies In a Silicon Valley Startup, about the rise and fraud of healthcare technology firm Theranos.
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Annuities Rant – On Complexity
Fixed rate annuities, fixed index annuities, variable annuities – how do I hate thee?
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Comments

Latest Comments
The Illusion Of Democracy
4 years ago

Thanks for reading! At this point I don't know of any real option for creating 'shareholder democracy,' whatever that would look like. I guess I am saying 'withhold the proxy,' even though it doesn't do any good either way.

If You Like Feral Cats You’ll Love Compound Interest
4 years ago

Thanks Tessa! Everything on the internet deserves kitten pictures, amiright?

Give To Harvard?
5 years ago
Picking nits here, but El-Erian is Egyptian, not American
In this article: GSK, PT, RBS, RDY, VE, BDRAF, BVNKF, DGRLY, GBTZF, OROCF, PDYPF, TCTZF, TEVA
Options Trading Part I – NFW Edition
5 years ago
You're welcome. Part 2 up here. http://www.bankers-anonymous.com/blog/options-trading-part-ii-the-currency-of-options/ Part 3 up in another day or two.
1 to 4 of 4 comments

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Latest Posts
Bankers Anonymous: About Me
My goal here is to be that guy, the one you wish you knew who worked inside Wall Street, left the business, and is willing to talk about it.

Work Experience

Founder
Bankers-Anonymous
June 2012 - Present (7 years 5 months)
Podcast and Blog with finance professionals about finance, but aimed at non-finance folks.
Founder
Cedarcrest Capital LLC
March 2004 - Present (15 years 9 months)
Vice President
Goldman Sachs
December 1997 - February 2004 (6 years 4 months)
Fixed Income Sales
Consultant
Orion Consultants
July 1996 - October 1997 (1 year 4 months)

Education

Harvard College
Bachelor of Arts (BA)
1991 / 1995
Social Studies<br/>
Armand Hammer United World College
International Baccalaureate
1989 / 1991

Publications