Can Finance Ever Be Truly Fascinating?
I’ve been binge-watching Showtime’s in house series, Billions. with Paul Giamatti and Damian Lewis. For my money it’s the best thing on TV. Of course I’m an accounting and finance geek, so there is probably a lot of stuff in it that appeals to me but leaves people who are easily bored with such matters cold.
I know they’re out there. Econophobics. The kind of people who get a headache when conversation turns to interest rate swaps or in-substance defeasance of advance refunding bond issues. In fact, I’m pretty sure our president is one, but he has people for that stuff. (Not that he would ever listen to them.) I can’t say it’s their fault. I mean, really, that’s pretty arcane territory for anyone but a financial savant. Continue reading