04/24/17 – Monday’s Interest-ing Reads

  • Not Science Fiction: Silicon Valley Takes On the Flying Car (nytimes)
  • The restructuring of the VanEck Vectors Junior Gold Miners ETF ($GDXJ) shows how ETFs can be the tail that wags the dog. (wsj)
  • The Legacy of David Letterman, Icon of the Grizzled Generation (nytimes)
  • $10 Still > $5 (cafehayek)
  • France: The Weakest of Europe’s Big 3 Economies (cnn)
  • Books And Roses (techcrunch)
  • Just say no to angel investing. (financialsamurai)
  • Hedge funds are easing up on their short Treasury positions. (twitter)
  • How to make an author’s day: review their work. (writingcooperative)
  • Is this the end of venture capital as we know it? (venturebeat)
  • Barry’s taking the radio show to Silicon Valley next month! (The Big Picture)
  • El-Erian: What Markets Should Conclude From France’s Election (bloomberg)
Read the rest
  • Not Science Fiction: Silicon Valley Takes On the Flying Car (nytimes)
  • The restructuring of the VanEck Vectors Junior Gold Miners ETF ($GDXJ) shows how ETFs can be the tail that wags the dog. (wsj)
  • The Legacy of David Letterman, Icon of the Grizzled Generation (nytimes)
  • $10 Still > $5 (cafehayek)
  • France: The Weakest of Europe’s Big 3 Economies (cnn)
  • Books And Roses (techcrunch)
  • Just say no to angel investing. (financialsamurai)
  • Hedge funds are easing up on their short Treasury positions. (twitter)
  • How to make an author’s day: review their work. (writingcooperative)
  • Is this the end of venture capital as we know it? (venturebeat)
  • Barry’s taking the radio show to Silicon Valley next month! (The Big Picture)
  • El-Erian: What Markets Should Conclude From France’s Election (bloomberg)
  • Dear Homebuyer, This Is the ‘Strongest Seller’s Market Ever’ (cnbc)
  • The Chicago Fed National Activity Index (CFNAI) moved down in March. (calculatedriskblog)
  • How This Productive Navy SEAL Spends His Mornings (fortune)
  • The March for Science … But Was It? (popehat)
  • Why a shrinking Feed balance sheet may lead to easing monetary conditions not tightening conditions. (ftalphaville.ft)
  • We May Have Just Avoided Economic Cataclysm From France (forbes)
  • US stocks had a good week especially in contrast with commodities. (capitalspectator)
  • Meet the New Normal, Same as the Old Normal (realclear)
  • Why has Silicon Valley, to-date, avoided a popular backlash? (ft)
  • Protectionism Is a Boomerang That Whacks Its Proponents (realclearmarkets)
  • The Travis from Uber profile at NY Times is bonkers (New York Times)
  • Hostile to Free Market Youth Unaware of Communism’s Legacy (thedailybeast)
  • Missiles and Markets: Investor Guide to Geopolitical Risks (schwab)
  • Apple ($AAPL) Pay just went live for bill pay. (businessinsider)
  • It’s still too early to talk about a ‘reflation off’ theme. (ft)
  • The Horizons Medical Marijuana Life Sciences ETF may already be too popular for its own good. (blogs.wsj)
  • Richard Posner: “The Real Corruption Is the Ownership of Congress by the Rich” (promarket)
  • Urgent vs. Important & the Power of Small Wins (Bloomberg View)
  • How to Avoid Common Middle-Class Money Traps (investopedia)
  • The good and (mostly bad) of thematic ETFs. (marketwatch)
  • Activist investors are finding it easier to operate in Japan. (bloomberg)
  • How to re-frame ETF fees taking into account tracking error. (beta.morningstar)
  • Mutual fund managers are big users of ETFs. (marketwatch)
  • Retailers Are Going Bankrupt at a Record Pace (bloomberg)
  • How the indexing trend helped S&P get its groove back after the ratings agency’s adventures in the crisis (Wall Street Journal)
  • Google Is a Monopoly, Is It Time to Break It Up? (nytimes)
  • A review of Hanlon’s Razor. (farnamstreetblog)
  • European Market Reboot Depends on More Than Macron (reuters)
  • Managing the Chaos – Investing vs. Gambling (investingcaffeine)
  • Who’s Right? The Stock Market or the Bond Market? (hedgeye)
  • Studio 54 Didn’t Kill NYC, but It’s Also Unrealistic in Today’s NYC (nypost)
  • Expect more high profile startups to fail as VCs pull back funding. (wsj)
  • If you are an investable asset class ready to rock after the French vote, please take two steps forward… (Business Insider)
  • Uber’s C.E.O. Plays With Fire (nytimes)
  • Apple ($AAPL) threatened to drop Uber from the App Store. (engadget)
  • …not so fast, gold. (Bloomberg)
  • Growth: Where High and Low Tax States Match Up (nationalreview)
  • The (new) case for bank stocks (Barron’s)
  • Global Currency: New Life for the SDR? (project-syndicate)
  • In the House of Murdoch, Sons Begin an Overhaul (nytimes)
  • Why an in-person "ask" is much more powerful than a virtual one. (hbr)
  • Earth Day, Then, Now: Spectacularly Wrong Predictions of Doom (reason)
  • How do you know whether a model is broken? (mrzepczynski.blogspot)
  • A Weak Dollar Won’t Make America Great Again (investors)
  • The Fed’s Complete Change Didn’t Happen Overnight (alhambrapartners)
  • We’re doing some fun stuff on Twitter, follow RWM here! (Twitter)
  • Cracks in Ponzi-Finance Land (acting-man)
  • At what level of Netflix ($NFLX) investment in original content do start to see a diminishing return in quality? (arstechnica)
  • Market’s Jump on the French Election Is More Than a Relief Rally (marketwatch)
  • Right Now Bonds More Dangerous Than You Think (marketwatch)
  • An ETF that tracks the ETF industry. (etf)
  • You Are Richer Than Rockefeller (fee)
  • Apollo Global Management ($APO) is upping the amount it can invest in public stocks from its new buyout fund… (bloomberg)
  • It’s hard to remove investment consultants from the process. (institutionalinvestor)
  • Retail is increasingly becoming a data-driven business. (wsj)
  • The origin story of the SPDR SSGA Gender Diversity Index ETF ($SHE). (etf)
  • 10 Cheap Stocks Set to Grow Their Dividends (morningstar)
  • How increasing longevity is making Social Security a better deal for the wealthy. (bloomberg)

04/23/17 – Sunday’s Interest-ing Reads

  • How best to tax business. (nytimes)
  • You can’t run a hedge fund these days out of your back pocket. (bloomberg)
  • Make sure you are fully diversified before you invest in ‘tail protection strategies.’ (mrzepczynski.blogspot)
  • What CEOs had to say about the economy this week. (avondaleam)
  • Will we ever replace our tangible connection with cold hard cash? (nytimes)
  • The global economy is now more integrated than ever before. (mrzepczynski.blogspot)
  • Brett Steenbarger, "The worst traders have a passion for trading. They need to trade. The best traders have a passion for trading well. They need to get better." (traderfeed.blogspot)
  • Retail is in full liquidation mode. (zerohedge)
  • Raising money for a new hedge fund these days is tough. (cnbc)
  • The economic schedule for the coming week. (calculatedriskblog)
  • Capital
Read the rest
  • How best to tax business. (nytimes)
  • You can’t run a hedge fund these days out of your back pocket. (bloomberg)
  • Make sure you are fully diversified before you invest in ‘tail protection strategies.’ (mrzepczynski.blogspot)
  • What CEOs had to say about the economy this week. (avondaleam)
  • Will we ever replace our tangible connection with cold hard cash? (nytimes)
  • The global economy is now more integrated than ever before. (mrzepczynski.blogspot)
  • Brett Steenbarger, "The worst traders have a passion for trading. They need to trade. The best traders have a passion for trading well. They need to get better." (traderfeed.blogspot)
  • Retail is in full liquidation mode. (zerohedge)
  • Raising money for a new hedge fund these days is tough. (cnbc)
  • The economic schedule for the coming week. (calculatedriskblog)
  • Capital is flowing out risk parity strategies. (bloomberg)
  • How did Google ($GOOGL) get to be a near-monopoly? (theweek)
  • The ‘wall of worry’ is constantly getting rebuilt over tie (dashofinsight)
  • A succinct summary of the week’s economic events. (ritholtz)
  • Seth Godin, "Science isn’t something to believe or not believe. It’s something to do." (sethgodin.typepad)

04/22/17 – Saturday’s Interest-ing Reads

  • A look inside the $400 million lawsuit the Spinal Tap creatives filed against Vivendi. (bloomberg)
  • Best practices for passwords. (venturebeat)
  • Amazon’s Echo beat our Google’s Home in a bake-off. (thewirecutter)
  • Talk to your kids. (qz)
  • A horrifying number of people use their phones while driving. (wired)
  • • Morningstar’s New Funds Gambit: Opportunity and Controversy (barrons)
  • Older generations like their coffee cheap, black and bottomless. (buzzfeed)
  • Are PhD students more at-risk to psychiatric disorders? (bigthink)
  • • The Annie Hall That Might Have Been: Inside Woody Allen’s Anhedonia (vanityfair)
  • Frozen vegetables are sometimes more nutritious than fresh. (modernfarmer)
  • Americans want SUVs. (nytimes)
  • We are in the golden age of oral histories. (kottke)
  • You probably didn’t realize the blood of the horseshoe crab is so vital to human health. (popularmechanics)
Read the rest
  • A look inside the $400 million lawsuit the Spinal Tap creatives filed against Vivendi. (bloomberg)
  • Best practices for passwords. (venturebeat)
  • Amazon’s Echo beat our Google’s Home in a bake-off. (thewirecutter)
  • Talk to your kids. (qz)
  • A horrifying number of people use their phones while driving. (wired)
  • • Morningstar’s New Funds Gambit: Opportunity and Controversy (barrons)
  • Older generations like their coffee cheap, black and bottomless. (buzzfeed)
  • Are PhD students more at-risk to psychiatric disorders? (bigthink)
  • • The Annie Hall That Might Have Been: Inside Woody Allen’s Anhedonia (vanityfair)
  • Frozen vegetables are sometimes more nutritious than fresh. (modernfarmer)
  • Americans want SUVs. (nytimes)
  • We are in the golden age of oral histories. (kottke)
  • You probably didn’t realize the blood of the horseshoe crab is so vital to human health. (popularmechanics)
  • What city is the craft brewing capital of the US? (pudding.cool)
  • Fitness advice from Walt Whitman. (bloomberg)
  • Netflix ($NFLX) should be careful trying to compete with YouTube. (variety)
  • Netflix ($NFLX) users have watched 500 million hours of Adam Sandler movies. (buzzfeed)
  • Why are there no new social networks? (theringer)
  • Peter Ungar, "From the standpoint of paleoecology, the Paleolithic diet is a myth." (blogs.scientificamerican)
  • The Chevy Bolt is dropping built-in navigation. (wsj)
  • Nine, legit degrees you can get solely online. (medium.freecodecamp)
  • How to read a book a week. (gq)
  • How running a marathon puts your body through hell. (gizmodo)
  • A well-designed nine minute strength workout. (nytimes)
  • Kids are learning about sex through porn. (qz)
  • Indoor farming started with cannabis but is now about growing greens. (backchannel)
  • The best steaks in Chicago. (bloomberg)
  • Just because you live in-land does not mean you will be affected by rising sea levels. (arstechnica)
  • Leadoff hitters are not longer speed demons. (fivethirtyeight)
  • Blood from human babies makes brains of elderly mice young again. (npr)
  • We should replace the save with the ‘goose egg.’ (fivethirtyeight)
  • Europe is embracing offshore wind projects, sans subsidies. (nytimes)
  • A dozen lessons learned about business valuation from the Iridium debacle. (25iq)
  • Baseball is getting its own social media app. (money.cnn)
  • In praise of ugly baseball uniforms. (nytimes)
  • Language is not just code, it has meaning. (farnamstreetblog)
  • The secret to running a marathon. (wired)
  • What is the purpose of happiness? (qz)
  • How dreams (and nightmares) help protect our essential selves. (farnamstreetblog)
  • Netflix’s ($NFLX) competition is sleep itself. (theguardian)
  • Pitching is a mysterious craft. (theatlantic)
  • How lotteries (and other prizes) can help "trick" people into saving more money. (theatlantic)
  • There is a difference between fear and ‘fear of fear.’ (qz)
  • • Neuralink and the Brain’s Magical Future (waitbutwhy)
  • Get healthy, ride your bike to work. (theconversation)
  • Reading widely help you "arm yourself" against unexpected problems. (farnamstreetblog)
  • Jack Bogle talks investing with Tony Robbins. (time)
  • Mosquitoes are only going to be a bigger problem. (nytimes)
  • Online retailers have your number. (theatlantic)
  • The difference between the Tesla Model 3 and the Chevy Bolt. (businessinsider)
  • Google ($GOOGL) is planning to add an ad blocker to Chrome. (wsj)
  • How your spend your time is how you spend your life. (heleo)
  • The dietary supplement industry is just the worst. (theatlantic)
  • This Anthony Bourdain documentary about chef Jeremiah Tower looks fascinating. (esquire)
  • Work or get a summer job? The pros and cons. (finance.yahoo)
  • Netflix ($NFLX) has no plans to get into the live sports business. (businessinsider)
  • Growing weed and wine grapes is not all that different. (nytimes)
  • The new Police Responder Hybrid Sedan is more than just fuel efficient. (arstechnica)
  • • The unbearable wrongness of Gwyneth Paltrow (theoutline)
  • Sorghum syrup is the new maple. (wsj)
  • • Sin City or Bust: How the Raiders went Vegas, baby (espn)
  • • A Retiree Discovers an Elusive Math Proof—And Nobody Notices (wired)
  • Opposites attract but they don’t stay together. (qz)
  • Are there gender differences to mindfulness? (telegraph.co.uk)
  • Forget free college, what we need is more apprenticeships. (medium)
  • What happens when two professors become activist investors. (theatlantic)
  • DJI increasingly rules the drone market. (recode)

04/21/17 – Friday’s Interest-ing Reads

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  • Hard Data vs Soft Data (capitalspectator)
  •  LHCb finds new hints of possible Standard Model deviations (home.cern)
  • Robots Suck at Value Investing (institutionalinvestor)
  • US stocks are overvalued. What next? (bloomberg)
  • Reasons to Own Bonds When the Fed’s Raising Interest Rates (schwab)
  • The Real World of Oil Has a Warning for Financial Markets (bloomberg)
  • ‘Hire American, Buy American’ Is Redistribution by Another Name (nationalreview)
  • Scott Galloway on how Amazon ($AMZN) is thoroughly disrupting retail. (youtu.be)
  • Economic inequality is not that great a rallying cry. (bloomberg)
  • Virtu-KCG will trade 20% of US stocks. (economist)
  • Patrick O’Shaughnessy talks "really private equity" with Royce Yudkoff and Rick Ruback authors of "HBR Guide to Buying a Small Business." (investorfieldguide)
  • Will Economic Illiteracy Trigger a Trade War? (project-syndicate)
  • Alan Burdick author of "Why Time Flies: A Mostly Scientific Investigation" gets the Talks at Google treatment. (valuewalk)
  • Silicon Valley Should Worry About Housing, Not H1-B Visas (bloomberg)
  • Jeffrey Carter, "The easy money in HFT has been made." (pointsandfigures)
  • Tightening, Geopolitics & Order In The S&P (blogspot)
  • Stop talking about the S&P 500 like it IS the stock market. (crossingwallstreet)
  • Unions Stopped Cold in Tricky Move to Repeal Right to Work (forbes)
  • James Altucher talks with Ryan Holiday author of "The Daily Stoic." (jamesaltucher)
  • The oxymoron that is passive investing. (thefelderreport)
  • Putin-linked think tank drew up plan to sway 2016 U.S. election (reuters)
  • Insomnia Problem Is Even Worse Than Before Great Recession (marketwatch)
  • Rumors of American Dream’s Demise Are Exaggerated (economics21)
  • CEO prize winners fall from grace: hubris or mean-reversion? (ft)
  • Oil on track for biggest weekly drop in a month (Reuters)
  • Ten Years Later, IPhones Go the Way of the Selectric (bloomberg)
  • Kill the Death Tax, and In Return Kill Muni Deduction (realclearmarkets)
  • Don’t Be Fooled by Lie That’s Universal Basic Income (spectator)
  • Right Out of the Gate, Women Make Less Money Than Men (theladders)
  • Morgan Stanley’s CEO Is Rubbing Goldman Sachs’ Nose In It (reuters)
  • Why the Menace of Mosquitoes Will Only Get Worse (nytimes)
  • Which Breaks First? Stock Prices or Uncertainty? (realclear)
  • Why the decline in the number of publicly traded US companies matters. (economist)
  • The Uncomfortable Reality Behind Uber’s Culture Meltdown (fortune)
  • Don’t count out Big Tobacco or Big Booze from the marijuana business. (howardlindzon)
  • United Airlines: They Screw Up and You Pay the Price (thefiscaltimes)
  • What happens when a market closes for good. (bloomberg)
  • Joel Greenblatt of Gotham Funds gets the Talks at Google treatment. (acquirersmultiple)
  • The Fiduciary Rule Educates The Public (alhambrapartners)
  • Like The Euro? Just Go For Gold (ft)
  • Alarm Bells Start Ringing for U.K. Economy (bloomberg)
  • A New Word That Will Forever Replace The Term "Retirement" (forbes)
  • How would you reboot the Earth? (freakonomics)
  • One of Buffett’s Favorite Stocks Is Selling at a Big Discount (marketwatch)
  • Are hedge fund track records relevant for successor mutual funds? (beta.morningstar)
  • A Scary Market, But Opportunities May Soon Beckon (cbsnews)
  • Naked mole rats will be here long after we humans are gone. (newscientist)
  • The Amazon.com Effect (nakedcapitalism)
  • Who Stands to Lose if U.S. Hits Iran with Sanctions? (cnn)
  • Britain Is About to Have Its First Day Without Coal (Bloomberg)
  • Paul Tudor Jones Says U.S. Stocks Should ‘Terrify’ Janet Yellen (Bloomberg)
  • Why Apple ($AAPL) targets are rising. (bloomberg)
  • A talk with Charles Kirk of The Kirk Report. (bespokepremium)
  • Five things investors can learn from Sherlock Homes about investing. (safalniveshak)
  • Mark Rzepczynski, "We may now be seeing the beginning of winner-take-all dynamics with hedge fund investing." (mrzepczynski.blogspot)
  • Shorten Your Investment Horizons, and Then Hang Tight (realclearmarkets)
  • Workers Say Talking More Politics Not Affecting Job (gallup)
  • Bill O’Reilly Is Only Done in Broadcast if He Wants to Be (slate)
  • Malls are pulling out all the stops to attract shoppers. (bloomberg)
  • Brett McKay talks with William Damon author of "The Path to Purpose." (artofmanliness)
  • Congress is about to f*** up your retirement account (MoneyBeat)
  • The Democrats’ Desperate Ploy To Block Tax Reform (investors)
  • Markets Send a Worrying Message (wsj)
  • Robert Prechter Is Awaiting a ‘Depression-Type’ Shock in U.S. (marketwatch)
  • Linear Thinking in a Nonlinear World (hbr)
  • Moral hazard and what has gone wrong with the US economy. (exponent.fm)
  • Economy Awaits As ‘Go Big, Go Bold’ Congress Does Nothing (investors)
  • Paris Attack Makes the French Election Even More Unpredictable (economist)
  • Keynes died today in 1946 – many aren’t aware he was one of the great money managers in history (Intelligent Investor)
  • HBO’s "Silicon Valley" is still great in Season 4. (thedailybeast)
  • Even the Rich Are Sick of Neiman Marcus (slate)
  • Why Oil Markets Are Headed for a ‘Decade of Disorder’ (thefiscaltimes)
  • Are Markets Prepared for a French Election Surprise? (Wall Street Journal)
  • Large Hadron Collider discovers five hidden subatomic particles (wired.co.uk)
  • Michael Covel talks with cybersecurity expert Mark Weatherford. (trendfollowingradio)
  • Interview: Iconoclastic Provocateur Jim Rickards Answers 21 Questions (hedgeye)
  • The Fed Looks for Solutions In All the Wrong Places (realclearmarkets)
  • Craft beer — so hot right now. But what city is the microbrew capital of the U.S.?&#xA0 (pudding.cool)
  • David Beckworth talks with the always interesting Tyler Cowen author of "The Complacent Class: The Self-Defeating Quest for the American Dream." (macromarketmusings.blogspot)
  • Bill O’Reilly: No One’s Too Big to Fail In a Functioning Market (reason)
  • France: An Election ‘Nightmare’ That Could Smash the Euro (cnn)
  • The rise of e-commerce has unleashed a tsunami of delivery vehicles on American cities. (citylab)
  • The Product Placement Presidency (theatlantic)
  • Why doesn’t this underperformance get more attention? (etf)
  • These are the five best finance podcasts. (moneybadger.stocktwits)
  • Sacramento Kicks the California Can to Future Generations (realclearmarkets)

04/20/17 – Thursday’s Interest-ing Reads

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04/19/17 – Wednesday’s Interest-ing Reads

  • When An ETF Changes Its Stripes (awealthofcommonsense)
  • ‘Eco-anxiety’ on a Massive Scale (QZ)
  • 4 Things That Set Successful CEOs Apart (hbr)
  • 30 questions for veteran trader Michael Martin. (medium)
  • One clue that someone doesn’t understand a problem is that they need a large number of variables and factors to explain it. (Seth Godin)
  • How Did the United States Become The United States of Work? (newrepublic)
  • This company trusts it employees with "unlimited" expense authorizations. (qz)
  • Financial advice (and failures) from the stars: Eleven celebrities on how they spend their money (bloomberg)
  • How to make it easy for a trading shop to hire you. (finance.yahoo)
  • ‘Blame United,’ ‘Blame Deregulation,’ and Other Fallacies (bloomberg)
  • Goldman, BofA Cash In on a Leveraged-Loan Frenzy Like No Other (Bloomberg)
  • Silicon
Read the rest

04/18/17 – Tuesday’s Interest-ing Reads

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  • Protective puts don’t protect all that much. (papers.ssrn)
  • ‘Dry Powder’ Could Author Positive Returns in the Future (hussmanfunds)
  • Amazon ($AMZN) is now a big force in literary translation. (seattletimes)
  • 5 Reasons Theresa May Suddenly Wants a Snap Election (fortune)
  • Mark Zuckerberg’s Makeover Is a Political Campaign Without the Politics (buzzfeed)
  • Income Tax Implies Gov’t Owns You (fee)
  • Returns matter but less than you think. (blog.alphaarchitect)
  • How to Invest in Uncertain Times: Interview w/Jack Bogle (marketwatch)
  • US industrial production rose in March. (crossingwallstreet)
  • Check out a new job board for quants. (blog.alphaarchitect)
  • How ETFs are changing market pricing dynamics. (blog.alphaarchitect)
  • Emerging markets are beginning to put their fiscal houses in order. (blog.abglobal)
  • Bond Guru: Next Stop For Ten Year Is 1.5% (marketwatch)
  • The financial sector has led the stock market for the past year. (capitalspectator)
  • Non-economic actors change the bond index investing equation. (bpsandpieces)
  • My Answer to Robocallers: If You Want to Talk, Pay Me (usatoday)
  • Shouldn’t the Guggenheim Be Called the Ehrenwiesen? (bloomberg)
  • Russia Then & Now: A Tale of Two Visits (spectator)
  • Dear Neel Kashkari, Your TBTF Plan Won’t Work. This Will (hedgeye)
  • United Was Right, and Its Numerous Critics Wrong (realclearmarkets)
  • Rational Ignorance & Irrationality (promarket)
  • The Reason Government Spending Is a Total Disaster (nypost)
  • On the fine line between research and data mining. (aqr)
  • United Airlines Exposes Our Twisted Idea of Dignity (bloomberg)
  • The Revenge of Stephen Curry, the Happy Warrior (gq)
  • Why Does It Cost $409 Billion To Figure Out What We Owe In Taxes? (investors)
  • Is Gold’s Comeback Real, Or Just Another Tease? (barrons)
  • The West Virginia economy is doing better than you think. (bloomberg)
  • The Real Risk That the Federal Reserve Misinterprets Bond Yields (bloomberg)
  • How Unregulateed Airlines Became Abusive Cartels (nytimes)
  • There is a strong argument Jack Bogle and Warren Buffett are wrong on their lack of international diversification. (cnbc)
  • 40% of 5th-12th Graders Plan to Start Business (gallup)
  • Does sentiment help explain momentum? (blog.alphaarchitect)
  • A history of global living conditions in 5 charts (ourworldindata)
  • Monetary Policy As Pop Psychology for Central Bankers (alhambrapartners)
  • How Jesse Livermore traded the aftermath of the San Francisco earthquake of 1906. (thereformedbroker)
  • Nobody does anything alone. (qz)
  • These ten stocks are driving the stock market YTD. (wsj)
  • Americans Get an ‘F’ on This Income Tax Quiz (marketwatch)
  •  The Muni Market Turns Toward Washington (nytimes)
  • How the $VIX can help identify volatility regimes for market timing. (econompicdata.blogspot)
  • What value investors can learn from Ted Williams. (mastersinvest)
  • Our Puny Human Brains Are Terrible at Thinking About the Future (slate)
  • Seth Godin, "Don’t get caught doing more than you need to but less than you want to." (sethgodin.typepad)
  • How to Really Simplify the Tax Code (economix.blogs.nytimes)
  • Steve Ballmer Knows How the Gov’t Spends Your Money (nytimes)
  • Millennials Need a 21st Century Tax Code (realclearmarkets)
  • CEOs sandbag earnings estimates before compensation plans are crafted. (papers.ssrn)
  • 3D Printed Cars Are the Future. But Are They Safe? (theweek)
  • Young White America Haunted By Crisis of Despair (bloomberg)
  • "AQR is basically the managed futures index of today." (rcmalternatives)
  • Another reminder that Bitcoin is still in its infancy. (wsj)
  • Is alpha really dead? (ritholtz)
  •  How to Create Your Own Variable Annuity (tonyisola)
  • Wall Street on Goldman Sachs Whiff: ‘What the Heck Is Going On?’ (cnbc)
  • Thoughts on Why China Is Beating the U.S. at Innovation (usatoday)
  • The Horrid Social & Cultural Consequences of Taxation (realclearmarkets)
  • In praise of Flickr. (kottke)
  • Advisers split on whether cutting fees for clients is good business (investmentnews)
  • What coin flips tell us about the (limited) value of historical track records. (elmfunds)
  • Mentor people who aren’t like you. (hbr)
  • The danger of relying on Google ($GOOGL) for search traffic. (theoutline)
  • A catalog of investing errors. (psyfitec)
  • Retail Apocalypse Rippling Through US Economy (businessinsider)
  • Mexico Has A Lot Of Room To Raise Tariffs (newyorkfed)
  •  Is American Retail at a Historic Tipping Point? (nytimes)
  •  Mike Conley: The NBA Player Who Is Technically Perfect (wsj)
  • Fintech Revolution Can’t Come Fast Enough for Goldman (reuters)
  • Bonds May Be the Single Most Overvalued Asset Class (realclearmarkets)
  • The problem with banks isn’t the investment bank-retail bank issue it is the risk of trading. (ftalphaville.ft)

04/17/17 – Monday’s Interest-ing Reads

  • The long, convoluted story of the Abbott ($ABT) and Alere ($ALR) deal. (bloomberg)
  • You trust e-mail more than you should. (nymag)
  • The VanEck Vectors Junior Gold Miners ETF ($GDXJ) is rebuilding (and expanding) its index. (etf)
  • Vanguard’s first index-based muni bond ETF ($VTEB) just hit $1 billion in AUM. (blogs.barrons)
  • These Peter Lynch quotes are the perfect reminder of what’s eventually coming for us. (Novel Investor)
  • Chicago continues to attract automated trading firms from around the world. (chicagobusiness)
  • How shorter workdays can actually help profitability. (bloomberg)
  • Five lessons learned from a new Google ($GOOGL) manager. (fastcompany)
  • Publishers are fleeing Facebook ($FB) Instant Articles. (theverge)
  • Right Culture Not All About Employee Happiness (gallup)
  • Why the Equity Bull Market Must Continue (wordpress)
  • Vive la France! The Coming
Read the rest
  • The long, convoluted story of the Abbott ($ABT) and Alere ($ALR) deal. (bloomberg)
  • You trust e-mail more than you should. (nymag)
  • The VanEck Vectors Junior Gold Miners ETF ($GDXJ) is rebuilding (and expanding) its index. (etf)
  • Vanguard’s first index-based muni bond ETF ($VTEB) just hit $1 billion in AUM. (blogs.barrons)
  • These Peter Lynch quotes are the perfect reminder of what’s eventually coming for us. (Novel Investor)
  • Chicago continues to attract automated trading firms from around the world. (chicagobusiness)
  • How shorter workdays can actually help profitability. (bloomberg)
  • Five lessons learned from a new Google ($GOOGL) manager. (fastcompany)
  • Publishers are fleeing Facebook ($FB) Instant Articles. (theverge)
  • Right Culture Not All About Employee Happiness (gallup)
  • Why the Equity Bull Market Must Continue (wordpress)
  • Vive la France! The Coming French Revolution (project-syndicate)
  • Emerging market currencies are back to 2014 levels. (wsj)
  • The Jeff Bezos letter to Amazon shareholders, ICYMI – so good (SEC.gov)
  • Having claimed his genius status, fund manager loses $297 million divorce fight (Sydney Morning Herald)
  • Behind United Airlines’ Fateful Decision to Call Police: Airline’s rules-based culture in spotlight after man was dragged off flight by law enforcement (wsj)
  • 5 Dividend Stocks with Bulletproof Yields Up to 7.1%. (forbes)
  • Takeover activity is on the upswing in Silicon Valley. (ft)
  • Nobody know how big securities-based loans have gotten. (nypost)
  • Why U.S. Trades at Premium, Japan at a Discount (fortunefinancialadvisors)
  • The billionaire film buff restoring the Quad Cinema (crainsnewyork)
  • Most ETFs in Europe don’t turn a profit for their managers. (bloomberg)
  • The iShares Core MSCI Emerging Markets ($IEMG) has never had a net daily outflow. (wsj)
  • When an ETF gets too big for its index. (etf)
  • Walmart Is One of the U.S.’s Most Crucial Poverty Fighters (city-journal)
  • Dividend Stock ETF Can Make You Money By Avoiding Losses (marketwatch)
  • One Theory on Why Americans are Moving Less than Ever (nypost)
  • Some great insights into the business side of ETFs. (blog.alphaarchitect)
  • How the Herzfelds look for undervalued closed-end funds. (citywireusa)
  •  Sorry America, Your Taxes Aren’t High (bloomberg)
  • Matt Hougan talks ETFs and the death of mutual funds with Consuelo Mack. (wealthtrack)
  • Inside the Hotel Industry’s Plan to Combat Airbnb (New York Times)
  • Delta and the Game Theory of Overbooking Flights (bloomberg)
  • Vanguard Is Growing Faster Than Everybody Else Combined (nytimes)
  • How to Raise Gov’t Revenue Sans Raising Taxes (thedailybeast)
  • Ignore Hillary, ‘Quarterly Capitalists’ Are Crucial To Prosperity (forbes)
  • How the industry breakdown of the Fortune 500 has change over time. (slantmarketing)
  • These ETFs have the lowest valuations. (etf)
  • Arizona Sky Village’s residents have one rule: Turn off your lights (theguardian)
  • Assessing the total cost of ETF ownership. (beta.morningstar)
  • Some good news for Snap ($SNAP) in its battle against Instagram. (markets.businessinsider)
  • Seismic Shift Is Happening, Billions Pouring Into These Index Funds, ETFs (cnbc)
  • ETFs are a ‘disruptive innovation.’ (zerohedge)
  • How robo-adviser Wealthfront picks ETFs. (blog.wealthfront)
  • History Doesn’t Bode Well For Tax Reform (marketwatch)
  • Modular homes could help solve construction worker shortages. (bloomberg)
  • Can Slack survive the tech giant onslaught? (I think yes) (New York Times)
  • Luxury retailers are not immune to price pressures. (wsj)
  • How to Fix the Airline Overbooking Problem (realclearmarkets)
  • Why People Are So Upset By Fearless Girl (theatlantic)
  • Filing Taxes in Japan Is a Breeze. Why Not Here? (nytimes)
  • Ant Financial (Alibaba) REALLY wants to make this US acquisition (Reuters)
  • Inside the ‘Green Rush’: Power of the Pot Business (yahoo)
  • Homebuilder confidence eased in April. (calculatedriskblog)
  • China Roars Back to Lift Global Outlook as U.S. Consumer Weakens (Bloomberg)
  • Back In The USSR (nakedcapitalism)
  • My Story: Husband, Father, Trader, Felon (institutionalinvestor)
  • Coal Is Far from Dead In the U.S., It Is Unleashed (washingtontimes)
  • Through the Noise, CPI Inflation Measure Is Muted (realclear)
  • There is no shortage of thematic ETFs out there. (theglobeandmail)
  • Apple Co-Founder Steve Wozniak’s Predictions for … 2075 (usatoday)
  • United Isn’t the Reason Air Travel Is Presently So Miserable (slate)
  • Calexit? Idea of Separation Deserves a ‘No’ Vote (nationalreview)
  • What could cause stocks and bonds to fall together? (awealthofcommonsense)
  • The ETF strategist space has stopped growing. (etf)
  • Calpers plays a lot in private equity fees. (wsj)
  • China’s Economy Grows 6.9%, But Warning Signs Persist (nytimes)
  • It’s Springtime in Washington, & Regulatory Reform Blossoms (realclearmarkets)
  • There’s a Long, Rough Ride Ahead for ‘Made In America’ (reuters)
  • A Strong Start to 2017 for Global Markets in 6 Charts (morningstar)
  • A Devastating Report for the Future of Active Managers (businessinsider)

04/16/17 – Sunday’s Interest-ing Reads

Read the rest
  • Seth Godin, "In your experience, how often is the cheapest choice the best choice?" (sethgodin.typepad)
  • Great investors write. (mastersinvest)
  • The economic schedule for the coming week. (calculatedriskblog)
  • You need to have a life outside work. (qz)
  • Which geopolitical issues matter? And which don’t? (dashofinsight)
  • Bose has finally built a wireless outdoor speaker: the Revolve and Revolve Plus. (engadget)
  • One sector where ETFs have underperformed active fund: emerging market bonds. (wsj)
  • Twitter ($TWTR) DM is great in a pinch. (avc)
  • A succinct summary of the week’s economic events. (ritholtz)
  • How to know if your investment strategy has stopped working. (blog.cordantwealth)
  • 13 reflections from Maggie Mahar’s "Bull: A History of the Boom and Bust, 1982-2004." (awealthofcommonsense)
  • You have to trade the market’s personality not your own. (traderfeed.blogspot)
  • American Express ($AXP) is losing the credit card "snob war." (nytimes)
  • It’s hard to make a long term case for commodities futures as an investment. (wsj)
  • NuStar GP Holdings (NSH) looks like a hedge fund GP managing LP NuStar Energy ($NS). (sl-advisors)
  • James Hamilton, "Since 2014 China has been acting like a country trying to keep its currency up, not a country trying to keep its currency artificially depressed." (econbrowser)
  • Vanguard’s growth is nothing short of astonishing. (nytimes)
  • What CEOs had to say about the economy this week. (avondaleam)
  • 13 arguments against active management. (marketfox)
  • There are no quick fixes to your trading problems. (stockcharts)

04/15/17 – Saturday’s Interest-ing Reads

  • A profile of Scott Minerd and Guggenheim Partners. (bloomberg)
  • Your brain is not a computer. (aeon.co)
  • Why deep breathing keeps you calm. (nytimes)
  • How the Ethanol Mandate Is Killing the American Prairie (investors)
  • At what point does coffee get too fancy? (nytimes)
  • Check out a hybrid Ford ($F) cop car. (wired)
  • Has streaming killed the truly independent film? (theringer)
  • A Weekend With Arnold Schwarzenegger and the Swolest Men in America (buzzfeed)
  • How big a problem is overbooking? (ft)
  • A profile of Mike Judge. (nytimes)
  • Passengers May Hate the Airlines, but Investors Love Them (marketwatch)
  • Forget young blood, think young microbiome. (scientificamerican)
  • A dozen business lessons learned from Lil Wayne. (25iq)
  • The Assad Family: Nemesis of Nine U.S. Presidents (newyorker)
  • A conversation with Josh Bernstein, the
Read the rest
  • A profile of Scott Minerd and Guggenheim Partners. (bloomberg)
  • Your brain is not a computer. (aeon.co)
  • Why deep breathing keeps you calm. (nytimes)
  • How the Ethanol Mandate Is Killing the American Prairie (investors)
  • At what point does coffee get too fancy? (nytimes)
  • Check out a hybrid Ford ($F) cop car. (wired)
  • Has streaming killed the truly independent film? (theringer)
  • A Weekend With Arnold Schwarzenegger and the Swolest Men in America (buzzfeed)
  • How big a problem is overbooking? (ft)
  • A profile of Mike Judge. (nytimes)
  • Passengers May Hate the Airlines, but Investors Love Them (marketwatch)
  • Forget young blood, think young microbiome. (scientificamerican)
  • A dozen business lessons learned from Lil Wayne. (25iq)
  • The Assad Family: Nemesis of Nine U.S. Presidents (newyorker)
  • A conversation with Josh Bernstein, the dean of craft beer writers. (longreads)
  • Vitamin D is overrated. (nytimes)
  • What comes after this recent success for solar? (arstechnica)
  • How waiters want to be treated (according to waiters). (vice)
  • Why you should give your kidney to a stranger. (vox)
  • All the cool kids have a new mesh wi-fi router in their homes. (wired)
  • Solar panels are now cheap enough to own not lease. (wsj)
  • Beer-of-the-month clubs are becoming a thing. (wsj)
  • Spas are now big business. (outsideonline)
  • The Rise of a New Species of Human Being (singularityhub)
  • How behavioral economics can help improve health outcomes. (nytimes)
  • Swimming lesson don’t prevent ocean drownings. What Iceland does to create a swimming culture. (hakaimagazine)
  • A look back 20 years later at Tiger Woods’ historic Masters performance. (theringer)
  • West Virginia is about to legalize medical marijuana. This could help with the opioid crisis. (vox)
  • Who makes Trader Joe’s food items? (sfgate)
  • Does fasting work? If so, how to do it? (wsj)
  • Thoughts on Why Pepsi and United Got Things So Wrong (thedailybeast)
  • Which graduate degree holders pay off their loans soonest? (priceonomics)
  • How Walt Mossberg became an integral part of the tech scene. (stratechery)
  • Repo Men: The IRS Is Using Private Debt Collectors Again (slate)
  • What is concierge medicine? (businessinsider)
  • We Have Found the Cure! (Sort Of…) (outsideonline)
  • Colleges should schedule their classes later in the day. (qz)
  • The Colorado River is at risk. (wsj)
  • Airlines treat passengers badly because they can. (buzzfeed)
  • Companies need to rethink hackathons. (bloomberg)
  • The Airline Industry: Overpacking Planes Since the 1940s (bloomberg)
  • An effective male contraceptive is coming to market. The question is whether it will catch on? (bloomberg)
  • United ($UAL) passengers are boozing it up in business class. (qz)
  • Why are German consumers reluctant to get on board with electric vehicles? (qz)
  • Why It Took So Long for Microwave Over to Catch On (nytimes)
  • Fingerprint sensors can be hacked pretty easily. (nytimes)
  • News is bad for you – and giving up reading it will make you happier (theguardian)
  • Are we at Peak Auto? (fortune)
  • YouTube’s new streaming service could reinvent the 30-second commercial. (latimes)
  • Why you should take your shoes off in the house. (wsj)
  • How to age (well) like an athlete. (weforum)
  • Want to live longer? Run. (nytimes)
  • Tax Day Is Increasingly Incomprehensible, and Reform Unlikely (usatoday)
  • Single female MBA students downplay their career ambitions. (news.harvard.edu)
  • Some Obvious Retirement Mistakes That You Can Avoid (usatoday)
  • Is Facebook a Monopoly? Just Ask Snapchat (nymag)
  • Why should a pro athlete give his team more data on his/her body? (theatlantic)
  • The next decade is about ‘augmented reality’ or AR. (ben-evans)
  • A Q&A with "Billions" co-creators, writers and executive producers Brian Koppelman and David Levien. (inc)
  • Will London Fall? (nytimes)
  • Facebook apps are bloated. (daringfireball)
  • Pitchers are ditching the windup. (wsj)
  • Japanese cheery blossom trees and the case for climate change. (kottke)
  • Do you need a "big ass" battery backup? (theverge)
  • From ‘Zombies’ to Bonobos: A U.S. Retail Transformation (nytimes)
  • Amazon ($AMZN) is not messing around with original video content. (statista)
  • Are big beer mergers ruining the industry? (fortune)
  • Ray Davies on understanding hipsters, not talking to Pete Townshend — and why he fled Tony Blair’s Britain (newstatesman)
  • A profile of two-way baseball player Shohei Ohtani. (cbsnews)
  • Sleep is the new status symbol. (nytimes)
  • Some surgery centers are going cash-only. (businessinsider)
  • The problem with AI: no one really knows how it works. (technologyreview)
  • Sluggish Future (imf)
  • A profile of Dawn Fitzpatrick the new CIO of Soros Fund Management. (nytimes)
  • Why you need a Japanese Single Malt Whiskey in your liquor cabinet. (bloomberg)