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Sep 6, 2013

Financial gurus reminisce about first jobs

NEW YORK (Reuters) – When some veterans of American finance told Reuters about their first jobs, they never expected it to become an Internet meme.

But there is obviously something inspiring about the humble beginnings of successful people, because our article (here) rocketed around the Web with the #firstjob hashtag.

Sep 6, 2013

Financial gurus reminisce about first jobs (part 2)

NEW YORK, Sept 6 (Reuters) – When some veterans of American
finance told Reuters about their first jobs, they never expected
it to become an Internet meme.

But there is obviously something inspiring about the humble
beginnings of successful people, because our article ()
rocketed around the Web with the #firstjob hashtag.

Aug 30, 2013

Tooth Fairy inflation gone wild

NEW YORK (Reuters) – Kelly Bird Pierre knew the world had changed when she heard what the Tooth Fairy was giving out these days.

The 39-year-old educator from South Orange, New Jersey used to get a quarter whenever she lost one of her own baby teeth. But when her daughter Oona and son Jacques went through the same phase, reports from their schoolyard buddies swiftly got back to her: $3, $5, even $10 a tooth.

Aug 27, 2013

Budding bulls and Buffetts: These teens dive into stocks

NEW YORK (Reuters) – As any exasperated parent will tell you, most teenagers are obsessed with highly superficial fare: TV, clothing, trips to the mall or the latest smartphone app.

Rachel Fox isn’t most teenagers.

The 17-year-old actress made 338 stock trades last year, earning 30.4 percent gains and clobbering the S&P 500. She peppers her conversation with phrases like “covered calls,” “shorts” and “double tops.”

Aug 22, 2013

Shiller’s math says the market looks expensive

NEW YORK (Reuters) – Here is a worrisome thought for all the analytical investors out there: What if all this time, you have been looking at the wrong numbers?

Consider this: When you are mulling over whether to buy a stock, you are likely to look at the price-earnings ratio, a common metric for valuing companies. A low P/E suggests that a stock is relatively cheap; a high one suggests it is richly priced.

Aug 19, 2013

Dropping out for a year, with the whole family

NEW YORK (Reuters) – At this time last year, Graham Bodel was analyzing equities for Credit Suisse in Manhattan.

This year, his days look a little different. In recent weeks he has been walking along the banks of the Seine River with his wife, Alexa, and their two children, and strolling through the Jardin du Luxembourg or the Musee d’Orsay.

Aug 16, 2013

Savers are sexy: Why thriftiness can attract a partner

NEW YORK, Aug 16 (Reuters) – In the world of dating, there
is one common assumption: That a fancy car, a pricey dress, and
a willingness to splurge are all things that will help you
impress and snare your ideal partner.

“You would think that spending would be more attractive,
because things like flashy watches or purses are so visible,”
says Jenny Olson, a PhD candidate at the University of
Michigan’s Ross School of Business and co-author of the working
paper, “A Penny Saved is a Partner Earned: The Romantic Appeal
of Savers”.

Aug 9, 2013

First jobs of finance gurus

NEW YORK (Reuters) – They may be Masters of the Universe now – but they weren’t then.

In fact, many of the nation’s foremost financial minds had distinctly humble beginnings. Berkshire Hathaway’s Warren Buffett, for instance, wasn’t always the famed Oracle of Omaha. Once he was a fresh-faced delivery boy, tossing newspapers into people’s front yards.

Jul 31, 2013

Scary days panning for gold stocks

NEW YORK (Reuters) – The scary movie “The Conjuring” may be a winner at the box office this summer, but on Wall Street the real horror show is the gold mining sector.

And the numbers have been as grisly as any low-budget slasher flick.

The Market Vectors Gold Miners ETF stands below $27, producing a year-to-date slump of more than 40 percent. Major producers like Barrick Gold Corp and Newmont Mining Corp sputter near 52-week lows, and the sector’s average price-earnings ratio – a common measure of valuing stocks – is about 75 percent below its 10-year average, according to London-based ETF Securities.

Jul 29, 2013

Do introverts make better investors?

NEW YORK, July 29 (Reuters) – Think of the successful Wall
Street investor, and you are likely to envision a hard-charging,
aggressive, Type-A personality – someone who can carry on
multiple conversations, keep an eye on four computer screens,
yell over the trading din and watch CNBC all at the same time.

What if you have all that wrong? What if it is the quiet
person in the back of the room, and not an extrovert like Gordon
Gekko from “Wall Street”, who is the superior investor?

    • About Chris

      "Chris Taylor is an award-winning freelance writer in New York City. A former senior writer with SmartMoney, the Wall Street Journal's personal-finance magazine, he has been published in the Financial Times, Bloomberg BusinessWeek, CNBC.com, Fortune, Money, and more. He has won journalism awards from the National Press Club, the Deadline Club, and the National Association of Real Estate Editors. The opinions expressed are his own."
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