Author Archives: Gregory Bresiger

What I’m Reading: The Myth of Capitalism: Monopolies and the Death of Competition

By Jonathan Tepper, with Denise Hearn (Wiley, Hoboken, New Jersey, 286 pages) The U.S. government’s anti-trust efforts have been failing. Less competition and greater inequality are the result of the government not enforcing the rules against cartels, which can then pay us less as workers and charge us more for their products than if we…

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Will You Be a Chump or a Champ This Holiday?

Many credit card users will pay through the nose this holiday season. They’ll spend months, maybe even a year, paying for this holiday cheer. They will impoverish themselves and help make card companies more profitable. Why? doesn’t want you to be one of them. We want you to be a sagacious cardholder who makes…

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It’s the Only Chance for Many Future Retirees: Will they take it or throw it away?

At a retirement conference I attended decades ago an official of a mutual fund company that designs retirement plans for companies warned the leaders of these firms. “You must educate your workers about these plans,” he told the employers.” For many of them, this will be the only chance they have to accumulate significant savings.”…

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The VCs Invade New York City

Look out the VC are invading New York City! Indeed, venture capitalists, often investing in start-up tech companies, love the Big Apple and are pouring billions of dollars into the city’s economy. The total venture capital (VC) investment in New York City recently jumped in the latest reporting quarter. Artificial intelligence, crypto-currency and wedding planning…

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On Immigration—A Qualified Yes: A hot issue that roils millions of Americans.

I am for immigration in principle but with some qualifications. I would like, if possible, to see more people become U.S. citizens. It is an issue that splits tens of millions of Americans and, I suspect, tens of millions of others in advanced social welfare democracies. First, a few basics about immigrants, America and the…

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“Stocks? We Don’t Need Stocks!”: Avoid one of the biggest mistakes of personal finance

Millions of Americans are making this mistake. And yet it is one of the big reasons why many people will never accumulate substantial assets, never achieve financial independence and possibly ride the wretched E-train 10 times a week for more years than necessary. What Is It? They never commit to a consistent investing program that…

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