About · Press · Contact · Write For Us · Top Personal Finance Blogs
Featured In:
Michael Lewis
Michael R. Lewis is a retired corporate executive and entrepreneur. During his 40+ year career, Lewis created and sold ten different companies ranging from oil exploration to healthcare software. He has also been a Registered Investment Adviser with the SEC, a Principal of one of the larger management consulting firms in the country, and a Senior Vice President of the largest not-for-profit health insurer in the United States. Mike's articles on personal investments, business management, and the economy are available on several online publications. He's a father and grandfather, who also writes non-fiction and biographical pieces about growing up in the plains of West Texas - including The Storm.

7 Mutual Fund Performance Measures & Ratings – What They Mean

By Michael Lewis

mutual fund measurementsFor years, investors, fund managers, and stock analysts have sought reliable indicators to project the future return and risk of owning an individual stock, bond, or a portfolio of securities. The underlying assumptions are as follows:

1. All investments have inherent risk which is assumed upon ownership.
2. Returns and risk can be objectively quantified by mathematical analysis of historical results.
3. The correlation of potential return and underlying risk constantly varies, providing opportunities to acquire investments with maximum potential return and minimal risk.

Click to continue reading...

4 Secrets of Investment Success – Tips to Gain Wealth

By Michael Lewis

wealthy investorHuman beings have always been fascinated with “secrets” through which power is attained, riches gained, and success assured. Our belief in secrets and its natural cousins, conspiracies and superstitions, often appears when we are under stress, dealing with matters seemingly outside our control. According to Science Magazine, humans in those situations have increased illusory pattern perception, creating nonexistent causal links and correlations in an unconscious effort to rationalize the outcome and affirm ourselves.

Click to continue reading...

How to Make a Good First Impression – Understanding Business Etiquette

By Michael Lewis

etiquetteDid you know that people decide how they feel about you within the first three seconds of meeting? This reaction, an auto-response generated in the most primitive part of our brains, evolved in our early pre-human ancestors when instant decisions about friend or foe were required to survive. The way we look and act generates subconscious impressions and comparisons with “stereotypes” in the minds of observers, often generating powerful emotions and judgments.

First impressions, even when untrue representations, are difficult to dislodge and change. A “good” first impression can be a powerful impetus for your career, just as a negative impression can be an impossible obstacle to overcome.

Click to continue reading...

How to Protect Your Child From Bullies & Build Their Self-Confidence

By Michael Lewis

children performing martial artsOne of the worst feelings a parent can experience is learning that his or her child is a victim of bullying. Anger is quickly followed by feelings of frustration, helplessness, and worry. And unfortunately, the problem is rampant: 15% of students do not go to school every day for fear of being bullied, and 1 of 10 students drops out due to repeated bullying. According to DoSomething.org, 90% of fourth through eighth graders report being victims of bullying.

Bullying has existed since humans began to socialize, and is likely to continue despite efforts of schools and parents to intervene and break the cycle. The unfortunate fact is that many Americans don’t take bullying very seriously.

Click to continue reading...

7 Reasons Why the Keystone XL Pipeline Should Be Approved

By Michael Lewis

pipelineDuring the past presidential campaign, the Keystone XL Pipeline became a political football. Since that time, the pipeline’s planned route has been changed to avoid potential harm to the Ogallala Aquifer and is currently awaiting final approval from the State Department.

Many Americans, however, are surprised to learn that the Keystone Pipeline already exists, transporting since 2010 590,000 barrels of “heavy” crude oil a day, 2,148 miles from the oil sands surrounding Hardisty, Alberta, Canada to Steele City, Nebraska and subsequently to holding facilities in Patoka and a ConocoPhillips refinery at Wood River, Illinois. The Keystone, owned by TransCanada, is one of many crude oil pipelines currently crossing the border between the United States and Canada, including the Express and Enbridge lines.

Click to continue reading...

Living With Superbugs, Viruses & Bacteria – How to Prevent Disease

By Michael Lewis

sicknessNewspapers and television news reports have shrieked the appearance of new “superbugs” and the dangers they pose for humanity. “Deadly Superbug Scare: Flesh-Eating Germ in 31 of 63 State Hospitals” headlined the “Boston Herald” on March 7, 2013. ABC News Chief Health and Medical Editor Dr. Richard Besser proclaimed earlier on a March 6th newscast that “bacteria that start in hospitals often find their way out into the community. That would be a nightmare scenario.”

Click to continue reading...

How Parents Can Maximize Tax Deductions & Credits for Children

By Michael Lewis

filing taxesIt is that time of the year again: The days you wrestle with old receipts, canceled checks, W-2 forms, 1099s, and monthly statements from your banks, mortgage brokers, and credit card companies, documenting every possible payment to lower your federal income taxes.

According to the Internal Revenue Service (IRS), the average tax payer spends 16 hours preparing and submitting their tax returns, struggling with a complex tax code of almost four million words undergoing constant changes (579 times in 2010 alone). More than half of taxpayers rely on someone else to fill out the forms for them; another 30% use tax software from firms such as TurboTax to complete the tax forms. The IRS offers free tax help 24 hours a day, seven days a week, with tools to electronically file returns, calculate withholding, or determine whether a payer might be subject to the alternative minimum tax (AMT).

Click to continue reading...

Big Government vs. Small Government – Which Is Ideal for the U.S.?

By Michael Lewis

governmentThe term “big government” stimulates plenty of images and emotions, and they’re generally negative. Words like “bureaucratic,” “inefficient,” “intrusive,” and even “corrupt” are often associated with the term. Economists charge that big government interferes with the mechanisms of free enterprise. Libertarians believe it seeks to control private or personal freedoms guaranteed by the “natural law” eloquently philosophized by John Locke and formalized in the U.S. Constitution’s Bill of Rights. And politicians claim big government lacks checks and balances on its exercise of power, leading it to represent special interests to the detriment of its citizens.

Click to continue reading...

How to Encourage Imagination in Children – Importance, Definition & Quotes

By Michael Lewis

imaginationImagination is the ability to see “what can be” from “what is.” Galileo Galilei’s famous experiment of falling objects occurred in the laboratory of his mind, not from the balcony of the Tower of Pisa. Albert Einstein’s theory of general relativity was rooted in a thought experiment at age 16 where he imagined chasing a beam of light; and supposedly, his final breakthrough came during a daydream, lying on a country hill in 1915.

As the great scientist said, “Knowledge is limited. Imagination encircles the world.”

Click to continue reading...

Top 5 Business Management Tips From an Old Pro

By Michael Lewis

managerC. DeWitt “Dee” Brown, Jr. was a self-made man, starting as a hod carrier and apprentice bricklayer after graduating high school and proceeding to build one of the largest masonry companies in the United States with multimillion-dollar projects across the country. Dee was hard-nosed and pragmatic, his 1950s crew cut and Texas twang reminders of an early life when a day’s work was expected for a day’s pay.

A practical businessman who understood that profits were neither guaranteed, easily achieved, nor perpetual, he led his company, Dee Brown Masonry, Inc. (DBM), through cycle after cycle of booms and busts in the construction business. He expanded to exploit opportunity and shrank to survive adversity, but always surviving, meeting payrolls, eking profits when he could, and borrowing capital when he had no choice.

Click to continue reading...

What Is Sequestration – Definition & How It Cuts the National Debt

By Michael Lewis

sequester aheadWhile our country’s ability to borrow money is a valuable asset, particularly in times of need such as wars or economic recessions, continuously maintaining high levels of the debt in comparison to our gross domestic product is detrimental, even devastating to citizens. Government debt is simply an IOU to be repaid by future taxes upon its citizens and businesses; excessive debt must be repaid eventually, as has been discovered in recent years by citizens of debtor countries such as Greece, Italy, and Spain.

Click to continue reading...

How to Be a Good Manager – Common Qualities & Characteristics

By Michael Lewis

business managerIn daily life, most of us have had experience “managing” others, whether it’s organizing a church fund drive or directing a crew of employees. Simply defined, management is the act of coordinating others to achieve a goal. The process involves planning, task assignment, monitoring, providing feedback, and, when necessary, correction.

There are a variety of different management styles, each geared toward different organizations and situations. For example, the command-based and discipline-oriented culture of the military may be essential to the battlefield, but does not generally transfer to the more relaxed culture of a law firm.

Click to continue reading...

How to Prevent Mass Shootings & Gun Violence in America – Statistics

By Michael Lewis

gunAnother dark day in America, one of 62 similar days in the last 30 years according to statistics compiled by Mother Jones. Despite the shootings having occurred in a state with some of the more restrictive gun laws in America, the acts of a single deranged white male has again brought the nation to its knees in sorrow, along with renewed calls for stricter gun controls.

Click to continue reading...

What Is the Federal Reserve System – History & How It Affects You

By Michael Lewis

federal reserveThe words of Saint Paul to Timothy in the Christian Bible have resonated throughout the ages: “For the love of money is the root of all evil.” Therefore, it should come as no surprise that the Federal Reserve System (otherwise known as the “Fed”), the mother of all money in the United States, has been publicly reviled since its formation in 1913.

Charles A. Lindbergh, Sr., father of the famed aviator, claimed that “This [legislation] establishes the most gigantic trust on Earth…the worst legislative crime of the ages is perpetrated by this banking and currency bill.” Henry Cabot Lodge, Sr. said the Federal Reserve Act “seems to me to open the way to a vast inflation of the currency,” a consequence abhorrent to anyone with significant wealth that would be devalued as a result.

Click to continue reading...

The Impact of Technology on the Workplace – 5 Steps to Protect Your Job

By Michael Lewis

factoryDo you find it hard to make ends meet these days? You are not alone. For millions of workers, wages and disposable personal income have flat-lined or fallen during the last decade. According to the Center for Budget and Policy Priorities, median income for working-age households (headed by someone under the age of 65) slid from $62,541 in 2000 to $55,640 in 2011, a 12.4% decline. While wages have been stagnant, the prices of everything from healthcare to housing has risen dramatically above the rate of inflation, leaving almost half of Americans living paycheck to paycheck.

Click to continue reading...

The content on MoneyCrashers.com is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. References to products, offers, and rates from third party sites often change. While we do our best to keep these updated, numbers stated on this site may differ from actual numbers. We may have financial relationships with some of the companies mentioned on this website. Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. We strive to write accurate and genuine reviews and articles, and all views and opinions expressed are solely those of the authors.

Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear on category pages. MoneyCrashers.com does not include all credit card companies or all available credit card offers, although best efforts are made to include a comprehensive list of offers regardless of compensation. Advertiser partners include American Express, U.S. Bank, and Barclaycard, among others.