06/23/17 – Friday’s Interest-ing Reads

  • From Stimulus to Monetary Mayhem (realclear)
  • 17 Things Millennials Are Completely Ruining (marketwatch)
  • Where the World’s Wealthiest Spend Their Weekends (bloomberg)
  • Bitcoin Bubble Will Turn Into Mania Before It Bursts (forbes)
  • Haters gonna hate. Stephen Dubner talks with Charles Koch of Koch Industries. (freakonomics)
  • Tim Ferriss travels to Uzbekistan with Kevin Kelly and comes up with a bunch of travel tips. (tim.blog)
  • Gangs of aggressive killer whales are shaking down Alaska fishing boats for their fish (nationalpost)
  • The Stock Market’s Advance Narrows, a Worrying Sign (realclearmarkets)
  •  Downtowns Reinvented Themselves. So Can Malls. (bloomberg)
  • Dividend Cuts = Recessionary Conditions (blogspot)
  • Can Money Actually Buy Happiness? (dailyworth)
  • Home Bias Blues: Investors Really Should Get Out More (beta.morningstar)
  • Charlie Munger: Al Gore Is ‘An Idiot’ But Became Rich
Read the rest
  • From Stimulus to Monetary Mayhem (realclear)
  • 17 Things Millennials Are Completely Ruining (marketwatch)
  • Where the World’s Wealthiest Spend Their Weekends (bloomberg)
  • Bitcoin Bubble Will Turn Into Mania Before It Bursts (forbes)
  • Haters gonna hate. Stephen Dubner talks with Charles Koch of Koch Industries. (freakonomics)
  • Tim Ferriss travels to Uzbekistan with Kevin Kelly and comes up with a bunch of travel tips. (tim.blog)
  • Gangs of aggressive killer whales are shaking down Alaska fishing boats for their fish (nationalpost)
  • The Stock Market’s Advance Narrows, a Worrying Sign (realclearmarkets)
  •  Downtowns Reinvented Themselves. So Can Malls. (bloomberg)
  • Dividend Cuts = Recessionary Conditions (blogspot)
  • Can Money Actually Buy Happiness? (dailyworth)
  • Home Bias Blues: Investors Really Should Get Out More (beta.morningstar)
  • Charlie Munger: Al Gore Is ‘An Idiot’ But Became Rich With This Strategy (cnbc)
  • What are Millennials doing with their money? (thereformedbroker)
  • 26 questions the White House has promised to answer but hasn’t (abcnews.go)
  • In Bezos We Trust (wsj)
  • Jack Goldsmith’s talks with Dan Drezner author of "The Ideas Industry: How Pessimists, Partisans, and Plutocrats are Transforming the Marketplace of Ideas." (lawfareblog)
  • Kalanick’s Legacy Is One of Brilliance (fee)
  • David Beckworth talks with Brett Swanson and Michael Mandel about how technology is going to transform physical industries. (soundcloud)
  • You can’t do creative work if you don’t have some down time. (heleo)
  • Valuations point to there being more value outside the US. (beta.morningstar)
  • Economic Growth Amid Policy Shifts (pimco)
  • Investors Are Too Focused on Outcomes Rather Than the Risks (bloomberg)
  • Long Bond Fever (bloomberg)
  • Patrick O’Shaughnessy talks venture capital and entrepreneurship with Andy Rachleff CEO of Wealthfront. (investorfieldguide)
  • The daily CME ($CME) cheese auction is moving online. (wsj)
  • Please, Save Your Praise For Uber’s Board & Investors (project-syndicate)
  • This guy would be the perfect CEO for Uber. (dealbreaker)
  • The Hardest Thing (pensionpartners)
  • The first decade of Blackstone ($BX) as a public entity has been pretty ho-hum. (nytimes)
  • The Wisdom of Crowds & Government Bonds (creditwritedowns)
  • How Big Is Bitcoin, Really? This 1 Chart Puts It All Into Perspective (marketwatch)
  • Forget Equities, Bonds Are Where the Real Action Is (realclearmarkets)
  • Meet America’s Out-of-Work (brookings)
  • The power of index providers like MSCI ($MSCI) keep growing. (bloomberg)
  • Brett McKay talks with Chris Fussell author of "One Mission: How Leaders Build a Team of Teams." (artofmanliness)
  • Panio Gianopoulos, "To get growth and adaptation, whether physical or mental, you have to have rest." (heleo)
  • Burton Malkiel: Straying from His Index-Fund Gospel (nytimes)
  • Amazon May Dominate 3 Megatrends of 21st Century (thefiscaltimes)
  • Reid Hoffman talks with Sheryl Sandberg about how hiring needs change during fast growth. (art19)
  • Jeff Bezos Just Handed Corporate America $50 Billion Question (businessinsider)
  • The CEO That Uber Needs Was Forced Out the Other Day (bloomberg)
  • How Tampa Turned a Dead Zone Into a Downtown (politi.co)
  • Nobody’s happier about Uber’s troubles than Lyft. (vox)
  • Is It Possible for Investors to Outlast the Stock Market? (usnews)
  • I did a podcast talking about blogging and writing an e-mail newsletter. (soundcloud)
  • Summer Fridays are all the rage. (bloomberg)
  • When "Helicopter Parents" Hover, Even in Workplace (nytimes)
  • Patience is a rare commodity among investors. (awealthofcommonsense)
  • Barry Ritholtz talks with Ned Davis about four traits all successful investors possess. (ritholtz)
  • Warren Buffett’s investment in Home Capital is already showing a profit. (business.financialpost)
  • The Senate Health Care Bill Really Is Meaner Than House’s (slate)
  • How Traditional Econ. Models Must Account for Emotions (city-journal)
  • America’s Banks Are Really, Really Healthy (cnn)
  • Marc Cohodes had Home Capital right until Warren Buffett showed up. (bloomberg)
  • So, You Want a Swiss-Style Health-Care System? (nationalreview)
  • The Fed’s Forecasts Don’t Make Sense (bloomberg)
  • How Two Common Medications Became One $455 Million Specialty Pill (propublica)
  • Millennials are slowly taking over the US economy. (calculatedriskblog)
  • Scotty, we need more Treasury bonds! (macromon.wordpress)
  • Biotech Breaks Out, Bulls Rejoice (barrons)
  • The Wheels Come Off: Uber Can’t Be Fixed (nakedcapitalism)
  • Nat’l Tax Reformers Should Look to Alaska for Landmines (realclearmarkets)
  • The Random Walker Walks It Back (pragcap)
  • What’s CRISPR? And how it is going to change pretty much everything around genetics and medicine. (freakonomics)
  • Eric Jackson and Jeff Macke talk about the retail earthquake. (soundcloud)
  • Thoughts on Why the Stock Market Keeps Going Up, Up, Up (nypost)
  • Steve Pomeranz talks with Monish Pabrai about value investing. (stevepomeranz)
  • Can Uber ever make money? (ft)
  • Marc Maron talks with Kumail Nanjiani and Emily Gordon screenwriters, among other things, of the movie "The Big Sick." (wtfpod)
  • Joe Weisenthal and Tracy Alloway talk with Chris Burniske about Bitcoin and the ICO boom. (bloomberg)

06/22/17 – Thursday’s Interest-ing Reads

  • Machine learning is helping Airbnb optimize its business. (businessinsider)
  • What is Uber worth in light of the events of the last week/month? (aswathdamodaran.blogspot)
  • Pocket tools, like the Leatherman, have lost their way. (outsideonline)
  • Things just got real. Wal-Mart ($WMT) is requiring vendors to not build on AWS. (wsj)
  • A 100-year Argentine bond?!? Seriously. (ft)
  • How the Pill Made the American Economy Great (newrepublic)
  • Six Risks Should Make Stock Market Bulls Nervous (thefiscaltimes)
  • Top investment advisors are souring on hedge funds for individual clients. (ft)
  • Why Amazon’s ($AMZN) acquisition of Whole Foods ($WFM) matters SO much to startupland. (tomtunguz)
  • Open source funding documents via CooleyGo. (avc)
  • The US Student Loan Explosion (blogspot)
  • How to invest in an overvalued market. (awealthofcommonsense)
  • Don’t Repeal NAFTA, Just Bring It
Read the rest
  • Machine learning is helping Airbnb optimize its business. (businessinsider)
  • What is Uber worth in light of the events of the last week/month? (aswathdamodaran.blogspot)
  • Pocket tools, like the Leatherman, have lost their way. (outsideonline)
  • Things just got real. Wal-Mart ($WMT) is requiring vendors to not build on AWS. (wsj)
  • A 100-year Argentine bond?!? Seriously. (ft)
  • How the Pill Made the American Economy Great (newrepublic)
  • Six Risks Should Make Stock Market Bulls Nervous (thefiscaltimes)
  • Top investment advisors are souring on hedge funds for individual clients. (ft)
  • Why Amazon’s ($AMZN) acquisition of Whole Foods ($WFM) matters SO much to startupland. (tomtunguz)
  • Open source funding documents via CooleyGo. (avc)
  • The US Student Loan Explosion (blogspot)
  • How to invest in an overvalued market. (awealthofcommonsense)
  • Don’t Repeal NAFTA, Just Bring It Into 21st Century (realclearmarkets)
  • A Kansas Investment Firm Spurring Change on Wall Street&#xA0 (nytimes)
  • Economic Realities Have Pushed GOOG Into Housing (strategy-business)
  • Warren Buffett: An Overlooked Target in Amazon’s New War (cnbc)
  • Berkshire Hathaway ($BRKA) just bailed out Home Capital Group Inc. (bloomberg)
  • What Makes a Great Wine Great? (3quarksdaily)
  • Could the Housing Market Meltdown Happen Again? (investors)
  • How Civic sold $33 million in tokens. (medium)
  • The US economy needs more Amazons but is stuck with GEs. (wsj)
  • What the real yield on TIPS is telling us about prospective growth. (scottgrannis.blogspot)
  • Hulu needs a single owner moving forward. (cnbc)
  • JC: The Industrial rally should continue (All Star Charts)
  • Ritholtz Wealth Management makes the Financial Times 300 of investment adviser firms (Financial Times)
  • The Foreign Visa Crackdown Is Putting Americans Out of Work (bloomberg)
  • Why the Falling Oil Price Isn’t Hurting Markets (economist)
  • Co-working spaces have invaded the suburbs. (wsj)
  • Now Even High Earners Can’t Afford College (cnn)
  • Why we feel so disconnected from our investments. (monevator)
  • The Reasons Behind the Retreat of the Renminbi (project-syndicate)
  • Is Demography Destiny For US Growth? (capitalspectator)
  • Here’s the Enormous Jeff Bezos Empire, In One Chart (marketwatch)
  • On the power of a single blog post. (theverge)
  • Weekly initial unemployment claims are still at historically low levels. (calculatedriskblog)
  • What Do You Give the Wolf of Wall Street for His Birthday? (spectator)
  • Goldman: What kinds of companies can survive Amazon? (ValueWalk)
  • Existing Home Sales: Strong May Evens Out Weak April (realclear)
  • Reno is becoming kinda, sorta hip. (bloomberg)
  • Indexing allows you to focus on more impactful decisions. (i3-invest)
  • When (and not) a startup should worry about profitability. (bothsidesofthetable)
  • What Travis Kalanick Leaves Behind at Uber (nymag)
  • The next CEO of Uber has a big job ahead of them. (venturebeat)
  • Regulators might want to get inside ultra-secretive Renaissance Technology and see its code. (New York Post)
  • Bond Traders Are Relying on Some Rather Wishful Thinking (bloomberg)
  • Jon Ossoff’s Georgia Sixth Loss Is a Reality Check for Democrats (newyorker)
  • Lovely long read on former NFL tackle Ryan O’Callaghan coming out (outsports)
  • Gov’t Has Rationalized a Lot of Dubious Lending (realclearmarkets)
  • Buybacks Fall as Executives Show Restraint (MoneyBeat)
  • Is the Best Sport Coupe a Porsche, Jaguar, or Mercedes? (bloomberg)
  • Secular Stagnation Is A Choice (creditwritedowns)
  • The American People Are Living As Large As Ever (bloomberg)
  • Auto Slowdown Flashes Caution Lights for Manufacturing (brookings)
  • The reasons behind home bias are many, but the solution is simple. (beta.morningstar)
  • Jeff Bezos has advice for the news business: ‘Ask people to pay. They will pay’ (CNBC)
  • Why the US should lengthen the average maturity of its outstanding debt. (bloomberg)
  • Thoughts on Why Some Cryptocurrencies Fail, and Others Don’t (fee)
  • With her blog post about toxic bro-culture at Uber, Susan Fowler proved that one person can make a difference: The former engineer took a big swing at the car-hailing giant, and did us all an even bigger favor (recode)
  • Drowning in Oil (yardeni)
  • Vice is valued at $5.7 billion and hinting at an IPO. (cnbc)
  • Here Are 6 Old Name Stocks Trading Below Book Value (forbes)
  • What does an aspiring founder need to know? (hbr)
  • A startup needs vision. (pointsandfigures)
  • How food became such a big part of the Silicon Valley way of work and business. (ft)
  • Books: Jared Meyer’s ‘How Progressive Cities Fight Innovation’ (realclearmarkets)
  • Mistress-Dispellers: China’s Boom Creates a Whole New Industry (newyorker)
  • Rethinking the Monetary Transmission Mechanism (realclear)
  • Trade ‘Deficits’ Signal Immense Investor Interest In the U.S. (triblive)
  • Given the fact that most investors don’t earn ‘average returns’ what is an investor to do? (ivanhoff)
  • Why isn’t the hedge fund industry imploding? (bloomberg)
  • Let Us Plunge Into Our Fast-Unfolding Economic Future (nationalreview)
  •  Five Takeaways From Tuesday's Special Elections (realclearpolitics)
  • What happens when your startup reaches 20 employees. (medium)
  • The High Line’s Ambitious Next Act (fastcodesign)
  • Size is becoming an asset for bond fund managers. (wsj)
  • Travis got ambushed by investors at a Chicago hotel, and surrendered (New York Times)
  • Behold The Everything Bubble (mauldineconomics)
  • With CA Budgeting, the Dems Have Pseudo-Dictatorial Powers (realclearmarkets)
  • Why seed investors need a more diverse portfolio. (medium)
  • How Much Is Saudi Aramco Really Worth? It Depends (forbes)
  • United Video Causing Longer-Term Crisis in Airline Community (investors)
  • Just how Earth-shattering are those 300,000-year-old Homo sapiens fossils? (csmonitor)
  • What is the right burn rate for your startup? (bothsidesofthetable)

06/21/17 – Wednesday’s Interest-ing Reads

  • In the Laboratories of IN and RI, Reform Becomes Possible (forbes)
  • And Just Like That, Google Becomes The World’s Largest Job Board (fastcodesign)
  • I Love My Factory Job, But I Don’t Want My Kid to Do It (cnn)
  • Punishing Barclays for 2008 Would Be Strange Justice (bloomberg)
  • Here’s the Richest Person In Each of the 50 States (forbes)
  • This is good – why the mutual fund industry’s structure is to blame for poor performance (Motley Fool)
  • Robo-advisors are embracing ESG investing principles. (wsj)
  • Russia’s Cyberwar on Ukraine Is a Blueprint For What’s to Come (wired)
  • Risk-on/Risk-off are alternating at a much higher frequency recently (Price Action Lab)
  • We Could Have Had Cellphones 40 Years Ago (fee)
  • Don’t count some one else’s money. (allaboutyourbenjamins)
  • Don’t let
Read the rest
  • In the Laboratories of IN and RI, Reform Becomes Possible (forbes)
  • And Just Like That, Google Becomes The World’s Largest Job Board (fastcodesign)
  • I Love My Factory Job, But I Don’t Want My Kid to Do It (cnn)
  • Punishing Barclays for 2008 Would Be Strange Justice (bloomberg)
  • Here’s the Richest Person In Each of the 50 States (forbes)
  • This is good – why the mutual fund industry’s structure is to blame for poor performance (Motley Fool)
  • Robo-advisors are embracing ESG investing principles. (wsj)
  • Russia’s Cyberwar on Ukraine Is a Blueprint For What’s to Come (wired)
  • Risk-on/Risk-off are alternating at a much higher frequency recently (Price Action Lab)
  • We Could Have Had Cellphones 40 Years Ago (fee)
  • Don’t count some one else’s money. (allaboutyourbenjamins)
  • Don’t let fear derail you from your financial goals. (financialsamurai)
  • How Apple fought internal leakers – and won (The Outline)
  • An IMF Bridge to Somewhere for Greece? (project-syndicate)
  • Cracking the Biggest Art Heist in History (bloomberg)
  • The Fashion Industry Depends on Immigrants Like Me (usatoday)
  • Tumbling Crude a Possible Early Warning Sign (tumblr)
  • You have to be part-contrarian to get really rich. (beta.morningstar)
  • Small-Town USA: Here’s How Rural America Is Aging and Shrinking (bloomberg)
  • Millennials want to be able to text their financial advisors. (l2inc)
  • How NYC’s Pension Costs Threaten Its Future (realclear)
  • Why we all need commitment devices to avoid mindless/overspending. (medium)
  • Is Amazon single-handedly holding back inflation? (Bloomberg)
  • How Highway Tolls Can Make US Infrastructure Great Again (thefiscaltimes)
  • In This Part of Midwest, There Are Too Many Jobs (wapo)
  • A great Q&A with Morgan Housel. (chrisreining)
  • Game Changer: MSCI will add Chinese A-shares to its emerging market indices (Institutional Investor)
  •  Bull Market in Tech Stock Acronyms Reaches Perplexing Heights (bloomberg)
  • Uber’s CEO Is out (Bloomberg)
  • Stocks Don’t Become Less Risky the Longer You Hold On (marketwatch)
  • If your financial house is in order then a recession should not be a scary prospect. (mrmoneymustache)
  • Ben’s thoughts on making this year’s 40 Under 40 – congrats my man (A Wealth of Common Sense)
  • Vanguard’s Personal Advisor Services now has $65 billion under management. (investmentnews)
  • Money Manager Cliches (awealthofcommonsense)
  • When meeting with a client your agenda doesn’t matter. (danielsolin)
  • Here Are Four Things That Could Kill the Bull Market for Stocks (marketwatch)
  • Quantitative Easing Didn’t Work (realclear)
  • Blackrock ($BLK) takes a stake in European robo-advisor Scalable Capital. (institutionalinvestor)
  • A passel of new planets shows our solar system is very weird, and we don’t know why (syfy)
  • The Science Behind Arizona’s Record-Setting Heat Wave (psmag)
  • Among the iPhone’s Biggest Transformations: Apple Itself (wsj)
  •  Three-quarters of the planet could face deadly heat waves by 2100 (popsci)
  • Morgan Stanley ($MS) is getting into the robo-advisor game with a new service with low minimums. (wsj)
  • How a Savings Change Could Give You Much Earlier Retirement (fool)
  • Money Can Buy Happiness, If You Spend It Right (marketwatch)
  • How Wealthfront is trying to humanize its offerings. (fastcompany)
  • High School Dropout Invested in Bitcoin at $12, Is Now a Millionaire at 18 (cnbc)
  • The Doubling Rule (Aleph Blog)
  • How to Protect Yourself from False Investment Claims (usatoday)
  • How Microsoft Is Stealing Apple’s Cool Factor (time)
  • Climbing Further Down Into Airline Hell, Year by Year (bloomberg)
  • The Rise and Fall of the Word ‘Monopoly’ (theatlantic)
  • Will Amazon Cutting Prices at Whole Foods Cause Deflation? (yahoo)
  • The Millennials May Get Their Mania After All (TRB)
  • New Tax Data Show Markets Are In For an Upside Surprise About The Economy (investors)
  • Is revenue from Airbnb rentals tax-free? (blog.independenceadvisors)
  • One chart shows why a September rate hike is a ‘hard sell’ (Business Insider)
  • NVIDIA’s role in crypto-currencies – an amazing stat (Barron’s)
  • According to this Survey, U.S. Is Now a ‘Second Tier’ Country (bloomberg)

06/20/17 – Tuesday’s Interest-ing Reads

  • Fed Raises Rates, Sticks wPlans for One More Hike This Year (schwab)
  • The Microsoft and Amazon Economy (timharford)
  • Food delivery service Peapod has got a problem. (chicagobusiness)
  • Dear Wells Fargo Board, Elizabeth Warren Wants You Wiped Out (cnn)
  • The $VIX has historically bottomed around the end of June. (athrasher)
  • Get Ready, Much Faster Growth Is Around the Corner (washingtontimes)
  • Without Travis Kalanick, There’s No Uber…And There’s No Lyft (realclearmarkets)
  • Enough with the CAPE hype. (researchaffiliates)
  • Treasury’s Bank Plan Tightens Regulations by Loosening Them (bloomberg)
  • Amazon’s ($AMZN) next move is going to be down market. (l2inc)
  • #1 Mutual Fund Is Now Focused On These Stocks (marketwatch)
  • Don’t Bail Out Illinois, Let It Own Its Irresponsibility (investors)
  • Whole Foods vs Activist Investors (ft)
  • It’s Time To Break
Read the rest

06/18/17 – Sunday’s Interest-ing Reads

  • New York City could have looked very different. (1843magazine)
  • The top 10 US cities by population will surprise you. (kottke)
  • Until 40,000 years ago humans had plenty of company. (bloomberg)
  • CTE is a real problem. So is the fear of CTE. (sports.yahoo)
  • The story of early humanity is getting increasingly complex. (ft)
  • eero reinvented the wireless router. What can they do for the smart home? (theverge)
  • Don’t Let the Door Hit You on the Way Out, Mr. Musk (spectator)
  • Investing is hard, speculating even more difficult. How to do it intelligently. (blogs.wsj)
  • Why free divers get addicted to the sport. (bloomberg)
  • What’s the difference between goat cheese and cow’s milk cheese? (modernfarmer)
  • A succinct summary of the week’s economic events. (ritholtz)
  • All 213 Beatles songs,
Read the rest
  • New York City could have looked very different. (1843magazine)
  • The top 10 US cities by population will surprise you. (kottke)
  • Until 40,000 years ago humans had plenty of company. (bloomberg)
  • CTE is a real problem. So is the fear of CTE. (sports.yahoo)
  • The story of early humanity is getting increasingly complex. (ft)
  • eero reinvented the wireless router. What can they do for the smart home? (theverge)
  • Don’t Let the Door Hit You on the Way Out, Mr. Musk (spectator)
  • Investing is hard, speculating even more difficult. How to do it intelligently. (blogs.wsj)
  • Why free divers get addicted to the sport. (bloomberg)
  • What’s the difference between goat cheese and cow’s milk cheese? (modernfarmer)
  • A succinct summary of the week’s economic events. (ritholtz)
  • All 213 Beatles songs, ranked. (vulture)
  • Recess is back! (wsj)
  • Why is fruit getting a bad rap? (qz)
  • Here’s the One Glaring Problem with Amazon/Whole Foods (cnbc)
  • Is diesel doomed as a fuel? (theatlantic)
  • Nevada is boosting rooftop solar with new rules about excess generation sent to the grid. (bloomberg)
  • Another good reason to go low-carb. (newscientist)
  • Baseballs are a little juiced this year in MLB. (theringer)
  • Not graduating in four years from college only drives up costs. (wsj)
  • The case for micro-dosing LSD. (newscientist)
  • Seven ways to take a better break. (journal.thriveglobal)
  • MLP insiders prefer shares in GPs vs. LPs. (sl-advisors)
  • Why it makes sense to bring bees into urban areas. (bittersoutherner)
  • Interesting look at the evolution of corporate logos. (fortune)
  • Amazon ($AMZN) is going to pay for Whole Foods ($WFM) with a range of debt offerings. (leveragedloan)
  • Janet Yellen Is Her Own Best Fed Successor (bloomberg)
  • Whole Foods ($WFM) represents just 2% of US grocery sales. (barrons)
  • An extended interview with Shane Parrish of Farnam Street about Buffett, Munger and the use of mental models. (outlookbusiness)
  • The Post Office used to be a hotbed of innovation. (politico)
  • The word ‘whom’ is losing ground. (wsj)
  • Sometimes Terrible Tragedies Can Bring Us Together (realclearmarkets)
  • What the Critics Get Wrong About Atlas Shrugged (fee)
  • Brett Steenbarger, "Are you trading what you subjectively prefer, or are you trading what is objectively present in the market?" (traderfeed.blogspot)
  • Amazon ($AMZN) wants to become Walmart ($WMT) before Walmart can become Amazon. (techcrunch)
  • Norway has become the world leader in EV use. (ft)
  • 3-on-3 basketball is now an Olympic sport. (businessinsider)
  • Young men are playing video games now more than ever. (reason)
  • High school vs. College: which direction should MLB drafters go? (fivethirtyeight)
  • The Summer already has a couple of great "alterna-pop" hits. (theringer)
  • Why aren’t Americans buying cage-free eggs? (buzzfeed)
  • When picking a manager style and skill are two very different things. (mrzepczynski.blogspot)
  • How to Win at the Long Game of Retirement Savings (nytimes)
  • Marriott ($MAR) is betting on the ‘golden age of travel.’ (fortune)
  • Is Amazon ($AMZN) going to have an anti-trust issue buying Whole Foods ($WFM)? (news.vice)
  • iMessage is an underrated part of the Apple ($AAPL) ecosystem. (daringfireball)
  • One third of the world is overweight. (cnn)
  • The MSCI decision about China A-shares is going to move markets one way or another. (barrons)
  • Ten percent of all of the electricity generated in the U.S. in March came from wind and solar power. (scientificamerican)
  • Cell therapy works against cancer but it is expensive and complex. (ft)
  • Apple ($AAPL) is still working on self-driving technology. (bloomberg)
  • Meet the wind turbine that can create 9.5 MW. (qz)
  • Why should groceries be immune from the wave of tech innovation? (pointsandfigures)
  • The economic schedule for the coming week. (calculatedriskblog)
  • Prog rock never died. (newyorker)
  • The opioid crisis has changed how we think about pain. (vox)
  • Instagram is a perfect platform for body shaming. (thewalrus.ca)
  • The yield curve is flattening, not inverting. (thereformedbroker)
  • Netflix ($NFLX) is turning into HBO. (wired)
  • How companies REALLY decide on CEO compensation. (theatlantic)
  • John Mackey Finds An Unlikely Refuge (nytimes)
  • Tech is increasingly looking like an oligopoly (wsj)
  • Behind most, if not all, social media stars is a staff of ghostwriters. (marieclaire)
  • What now for Instacart post Amazon-Whole Foods? (techcrunch)
  • Amazon Isn’t Just Spending Big Bucks on Grocery Chains (bloomberg)
  • As electric power gets cleaner so do electric vehicles. (citylab)
  • Let’s Turn the United States Into a Construction Zone (ftijournal)
  • Hedge fund manager Paul Singer doesn’t care what you think. (institutionalinvestor)
  • Why deep reading matters. (qz)
  • How Rotten Tomatoes became so powerful. (vanityfair)
  • What its like to be a below-the-radar, best-selling, self-published novelist. (theguardian)
  • English soccer has a gambling problem. (sports.vice)
  • Why reading market sentiment is so difficult these days. (bloomberg)
  • To save time use social media deliberately, not haphazardly. (raptitude)
  • You have to understand economics before calling for an overhaul of how it it taught to college kids. (qz)
  • A dozen lessons learned on business and investing from Mike Maples Jr. (25iq)
  • [re-post] Four tips from the Stoics on how to be productive. (bakadesuyo)
  • The best (and worst) seats for flying coach by airline. (wsj)
  • Millennials Haven’t Yet Developed Good Market Relationship (usatoday)
  • The price gap between eating out and at home keeps growing. (bloomberg)
  • How putting a little money at-risk will help you get a better handle on things. (howardlindzon)
  • An excerpt from James Ledbetter’s "One Nation Under Gold: How One Precious Metal Has Dominated the American Imagination for Four Centuries." (newyorker)
  • In retrospect its shocking how unalterably smartphones have changed the world. (longreads)
  • Is economics a science? (noahpinionblog.blogspot)
  • Five tips for flying coach. (ft)
  • Ignore the Critics, Amazon/Whole Foods Is Good for Consumers (investors)
  • More people subscribe to Netflix ($NFLX) than cable. (businessinsider)
  • ESG issues are becoming more important for bond investors. (barrons)
  • In praise of getting a part-time MBA. (markets.businessinsider)
  • Why Spotify should become a social network. (fastcompany)

06/16/17 – Friday’s Interest-ing Reads

  • Barry Ritholtz talks with MIT economist Daron Acemoglu about the failure of institutions leading to income inequality. (ritholtz)
  • Did Jack Welch Model Sow Seeds of G.E.’s Decline? (nytimes)
  • How Untuckit built a big business. (businessinsider)
  • While Undoing One Mistake, Is the Fed Making Another? (investors)
  • That $9.99 find at T.J. Maxx? It might raise questions about labor practices (bostonglobe)
  • Let’s Be Perfectly Clear: This Fed Is a Dove in Hawk’s Clothing (bloomberg)
  • To decrease distraction keep your environment uncluttered. (themission.co)
  • Why does Jack Bogle persist in his US-focused investment strategy? (bloomberg)
  • Adam Smith’s Contributions Remain Crucial In the Here & Now (forbes)
  • Remote workers, change your scenery once in a while. (businessinsider)
  • Stocks keep going up. Why isn’t anyone celebrating? (thereformedbroker)
  • Mighty Amazon May Soon
Read the rest
  • Barry Ritholtz talks with MIT economist Daron Acemoglu about the failure of institutions leading to income inequality. (ritholtz)
  • Did Jack Welch Model Sow Seeds of G.E.’s Decline? (nytimes)
  • How Untuckit built a big business. (businessinsider)
  • While Undoing One Mistake, Is the Fed Making Another? (investors)
  • That $9.99 find at T.J. Maxx? It might raise questions about labor practices (bostonglobe)
  • Let’s Be Perfectly Clear: This Fed Is a Dove in Hawk’s Clothing (bloomberg)
  • To decrease distraction keep your environment uncluttered. (themission.co)
  • Why does Jack Bogle persist in his US-focused investment strategy? (bloomberg)
  • Adam Smith’s Contributions Remain Crucial In the Here & Now (forbes)
  • Remote workers, change your scenery once in a while. (businessinsider)
  • Stocks keep going up. Why isn’t anyone celebrating? (thereformedbroker)
  • Mighty Amazon May Soon Go the Way of Roman Empire (marketwatch)
  • Stocks Continue to Mirror the Dot-Com Era in Ominous Ways (marketwatch)
  • How Chic’s "Good Times" Launched Rap (wsj)
  • Preston and Stig talk with Brad Stone author of "The Upstarts: How Uber, Airbnb and the Killer Companies of the New Silicon Valley are Changing the World." (theinvestorspodcast)
  • Don’t write an e-mail at work if you are pissed off, but if you have to… (fastcompany)
  • Roben Farzad talks with Ben Carlson author of "Organizational Alpha." (one.npr)
  • Enviros Demand Trillions in Lower Pension Returns (nationalreview)
  • Germany Builds an Election Firewall to Fight Russian Hackers (bloomberg)
  • Another Unnecessarily Embarrassing Day for the Fed (realclearmarkets)
  • Manufacturing Weighs on Total Industrial Production (realclear)
  • Tim Ferriss talks with Jason Khalipa one of the fittest men in the world. (tim.blog)
  • What is Amazon’s ($AMZN) end game with Whole Foods ($WFM)? (slate)
  • Wes Gray’s list of the top investing research blogs. (blogs.wsj)
  • Stay Away From Bitcoin — It’s Complete Garbage (marketwatch)
  • Hensarling Focused on Taking Dodd-Frank Down (latimes)
  • Amazon ($AMZN) buys Whole Foods ($WFM). (bloomberg)
  • The American Economy Needs Manufacturing. Period. (realclearpolicy)
  • Why we ignore the tail winds that help us. (freakonomics)
  • Robert Mueller Chooses His Investigatory Dream Team (wired)
  • Here Are the 25 Most Attractive Employers on Planet Earth (linkedin)
  • Michael Covel talks with Jeff Goins author of “Real Artists Don’t Starve: Timeless Strategies for Thriving in the New Creative Age.” (trendfollowingradio)
  • The Fiduciary Rule doesn’t kill mutual funds, just share classes. (kitces)
  • Simpler is better when it comes to mutual fund strategies. (beta.morningstar)
  • Spotify’s users are loving it to death (news.vice)
  • Relative Exuberance: Tech Now and Then (yardeni)
  • Amazon ($AMZN) has just acquired 400 prime grocery delivery locations. (recode)
  • Some personal finance podcasts worth a listen. (genyplanning)
  • Meb Faber talks with Dave Nadig of ETF.com, a true ETF expert. (mebfaber)
  • The Dutch Have Solutions to Rising Seas. The World Is Watching. (nytimes)
  • Uber & The Rise Of The Unproductive Entrepreneur (ft)
  • Patrick O’Shaughnessy talks with Estimize CEO Leigh Drogen about quant and the incrasingly difficult quest for alpha. (investorfieldguide)
  • What’s going to happen to Instacart? (venturebeat)
  • Quants invest differently than fundamental investors. (bloomberg)
  • A Worrying Reason Active Funds Can’t Beat Passive Funds (mauldineconomics)
  • Energy: The Promise and Peril of High-Tech Innovation (brookings)
  • Can Bond Market’s Message Get Any Clearer Than It Is Now? (bloomberg)
  • Economy of 2016 Weighs on Elections in 2018 and 2020 (bloomberg)
  • Whole Foods ($WFM) tried to have things two ways, which ultimately failed. (dealbreaker)
  • Jesse Felder talks with Steven Bregman about the dark side of passive investing and ETFs. (thefelderreport)
  • Outlining Two Possible Recession Scenarios (pimco)
  • Biggest Challenge Facing Cities Is a Lack of Superstars (newgeography)
  • Matt Levine, "Computers are really good at systematic statistical-arbitrage strategies and less good at, you know, even fundamental equity long-short." (bloomberg)
  • Joe Weisenthal and Tracy Alloway talk with Mike McCall author of "Catfish Days: From Belzoni To The Big Apple." (bloomberg)
  • 13 Key Charts Say Things Are OK (blogspot)
  • Tail risk strategies work in down markets, the challenge is timing. (mebfaber)
  • An interesting discussion with short seller Marc Cohodes. (bespokepremium)
  • The Broken Workplace Is the Source of Global GDP Decline (gallup)
  • Jordan Harbinger talks with Nick Bilton author of "American Kingpin: The Epic Hunt for the Criminal Mastermind Behind the Silk Road. (theartofcharm)
  • Apple ($AAPL) is finally waking to is power in the podcasting ecosystem. (stratechery)
  • A talk with Rick Wartzman author of "The End of Loyalty, The Rise and Fall of Good Jobs in America." (knowledge.wharton.upenn.edu)
  • Quants are not having a great year. (wsj)
  • 14 things the market does not care about. (awealthofcommonsense)
  • Solar Power Will Kill Coal Faster Than You Think (bloomberg)
  • OPEC Cartel Targets US Shale, Shoots Itself In Foot (nytimes)
  • Increased Coal Production Doesn’t Correlate w/More Coal Jobs (strategy-business)
  • Izabella Kaminska talks with physicist Geoffrey West about his new book "Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies." (ft)
  • Wells Fargo Just Drove Its Stagecoach Deeper Into the Mud (reuters)
  • A quick look at what the CFA Institute may ask about fintech. (bloomberg)
  • To See the Future, Look at the Cities That Are Shaping It (project-syndicate)
  • Malcolm Gladwell HATES golf. (revisionisthistory)
  • Kroger’s ($KR) same-store-sales have gone negative. (wsj)
  • Wal-Mart ($WMT) is buying Bonobos. (nytimes)

06/15/17 – Thursday’s Interest-ing Reads

Read the rest
  • Reflexivity & Why The Fed Must Sell The Long End (wordpress)
  • In America, Coal Pollution Is Nearly As Deadly As Car Crashes (Grist)
  • Strike While the Iron is Hot (ofdollarsanddata)
  • Homebuilder confidence dropped but is still elevated. (calculatedriskblog)
  • The Globalization Counter Reaction Redux (economist)
  • Patience Is The Only Way To Earn Alpha (marketwatch)
  • Caution: Have the World’s Tech Giants Grown Too Powerful? (axios)
  • Five more money-related sites worth your time. (humbledollar)
  • Venezuela Defaults On Russia; Is Goldman Sachs Next? (forbes)
  • There are no perfect money decisions. (medium)
  • Where – And Why – The Teen Jobs Aren’t (blogspot)
  • How To Turn A Glass Of Wine Into A $173,000 Bump In Your IRA (investors)
  • The Eurozone Must Reform or It Will Die (project-syndicate)
  • Why bank loan yields are so low…high demand. (wsj)
  • Dollar-cost averaging isn’t about risk it’s about emotions. (marketwatch)
  • Be Smarter Than Harvard, & Dump Your High-Yield Bonds (marketwatch)
  • How old is Jupiter? (blastr)
  • GE ($GE) is still living with the legacy of Jack Welch. (nytimes)
  • How Wells Fargo’s Culture Allegedly Drove Its Bankers to Fraud (vanityfair)
  • Adam Silver’s Doing It For The Kids (blogspot)
  • Why you should try a different pricing model than your competitors. (m.signalvnoise)
  • The performance of the FANG stocks is not all that out of bounds. (aqr)
  • Why not retire to the big city? (nytimes)
  • The leading mesh wi-fi system, eero, just got faster and smaller. (theverge)
  • Devos and The Campaign to Influence Climate Change Education (Frontline)
  • Optomestrists Fight the Technology That Saves You Money (forbes)
  • Here’s How ‘Green Sausages’ Are Made in D.C. Swamp (investors)
  • 10 High-Quality Foreign-Stock Bargains (morningstar)
  • Ben Horowitz, "If you want to build a successful company, your distribution strategy must be a function of your product and your target market." (a16z)
  • The Global Economy Is Rebounding, But There Is One Big Problem (bloomberg)
  • Listen Luddites, This Market Action Is About the Machines (realclearmarkets)
  • Outrage-Mongers on Left and Right Empower the Censors (nypost)
  • What the Latest Fed Rate Hike Could Mean for Mortgage Rates (usatoday)
  • Tesla’s Stock Is Up 75% This Year. No, That’s Not a Typo (cnn)
  • Why Retirees Shouldn’t Shun Market – Even in Retirement (usatoday)
  • Looking under the hood of five momentum funds. (beta.morningstar)
  • Five Reasons You Should Wear The Same Thing Every Day (forbes)
  • TIAA is launching its own robo-advisor service. (barrons)
  • Crash Override Malware Took Down Ukraine’s Power Grid Last December (wired)
  • Tech Stocks Needed a Correction, But Just How Big Will It Be? (marketwatch)
  • Digging Deep Reveals the Intricate World of Roots (Nat Geo)
  • SoFi is trying to help entrepreneurs refinance their student loan debt. (inc)
  • The Scariest Chart For Central Bankers (zerohedge)
  • Brexit: An Embrace of the Global Economy’s New Geography (nationalreview)
  • Uber: Poster Child for Corporate Cult of Personality Run Amok (marketwatch)
  • Just because it doesn’t make sense to you doesn’t mean it doesn’t make sense. (500ish)
  • Is America Encouraging the Wrong Kind of Entrepreneurship? (hbr)
  • The Apple ($AAPL) iPad Pro is shockingly powerful. (businessinsider)
  • Welp, they finally got the Uber CEO to step down. (Bloomberg)
  • Travis Kalanick is not ethical enough to steer Uber (ft)
  • How a quant invests his money. (thebillfold)
  • "I’m ready": The text that started an NBA dynasty (si)
  • May Consumer Price Index: Talk About Bad Timing… (realclear)
  • The argument for giving your kids their inheritance NOW. (nytimes)
  • Game Theory Says Qatar Cutoff Has High Stakes (bloomberg)
  • 10% of stock volume is being done by ‘fundamental’ investors. (cnbc)
  • Too Late To Bring Back Coal – Technology and Demand Won’t Allow It (Bloomberg)
  • Experts and the Gold Standard (alt-m)
  • How Adobe ($ADBE) got its customers to transition to the cloud. (bloomberg)
  • Yellen’s Rate Move Could Define Her Fed Chairmanship (nytimes)
  • Summer Vacation? 43% of Americans Can’t Afford It (ap)
  • How to invest an emergency fund. (whitecoatinvestor)
  • Putting the Tech Wreck Into Perspective (awealthofcommonsense)
  • Entitlemania: You May Want to Disinherit Your Kids (marketwatch)
  • Hire for cultural add, not cultural fit. (feld)
  • Good Enough: In investing, the pie matters more than the slices (theirrelevantinvestor)
  • Why pessimism is so seductive. (collaborativefund)
  • Why — and how — a successful law firm increased the wages for all of its employees (t.co)
  • The Limiting Qualities of Black Box Investment Algorithms (marketwatch)
  • As Wealth Managers Vie for Slice of $166.5 Trillion in Private Assets, Profit Pressure Emerges (wsj)
  • The case for investing in cash cows. (monevator)
  • Don’t Fear The Robots, Fear Low Savings And Investment (forbes)
  • These are the top accelerator programs according to the Seed Accelerator Rankings Project. (seedrankings)
  • How we buy stocks is going to change a ton over the next few years. (medium)
  • Accelerating economic growth and stock gains drove global private wealth up 5.3% last year to $166.5 trillion (Wall Street Journal)
  • http://www.ussif.org/esg (ussif)
  • Still no signs of a pickup in inflation. (calculatedriskblog)
  • Prepare Now for the End of the Bull Market (bloomberg)
  • MarketWatch.com picked up one of our Blogger Wisdom posts. (marketwatch)
  • Global Monetary Disorder: Move Over, Mandarins (realclear)
  • The stock market keeps making all-time highs. (theirrelevantinvestor)
  • How to create an investment policy statement. (beta.morningstar)
  • Mini-warehouses are a booming business. (businessinsider)
  • The winner of this week’s US Open will shoot par…a lot. (blogs.cfainstitute)
  • Before the End of 2017, Talk Will Turn to the Fed Cutting Rates (nypost)
  •  The Warriors Duped The NBA (fivethirtyeight)
  • The yield curve keeps flattening. (capitalspectator)
  • A first hand account of credit card fraud. (marketwatch)
  • Good financial advice isn’t about which ETF to pick. (thereformedbroker)
  • Rage Against Machines? Robot Takeover Is Greatly Exaggerated (bloomberg)
  •  The Amount of Your Compensation Going Toward Benefits Keeps Rising (blogs.wsj)
  • Anthony Isola, "Saving for retirement requires much sacrifice. Spending these funds requires meticulous planning." (tonyisola)
  • Worry is not a part of your job. (sethgodin.typepad)
  • Today’s Acquisitive Old Are Eating Future of Their Children (bloomberg)
  • Hedge funds need to brush up on their Greek and Roman gods when naming their firms. (qz)
  • Why Companies Like Uber Get Away w/Bad Behavior (nytimes)
  • Financial advisors can’t time markets any better than you. (blogs.wsj)
  • Being a landlord ain’t easy. Especially when you have capital gains to deal with. (financialsamurai)
  • James Picerno, "Yellen and company are effectively arguing that the bond market is wrong." (capitalspectator)
  • Ten efficiency secrets including just letting certain things go. (whitecoatinvestor)
  • Why you should consider disability insurance. (obliviousinvestor)
  • How to sequence your retirement savings by account. (peterlazaroff)
  • Fed Hikes, Sets Plans to Normalize Balance Sheet (realclear)
  • On the benefit of cutting back your hours. (whitecoatinvestor)
  • Are Millennials Following the Simple ‘Success Sequence’? (nationalreview)
  • Don’t Fear Today’s Market: It’s Not a Late 1990s ‘Bubble’ (realclearmarkets)
  •  How Much Should You Save for Retirement? (bloomberg)
  • The Six Types of ESG Investor (All About Alpha)
  • Why your startup shouldn’t ‘play with dead snakes.’ (firstround)
  • Evaluating Sustainability ETFs With MSCI (ETF.com)
  •  Russian Cyber Hacks on U.S. Electoral System Far Wider Than Previously Known (bloomberg)
  • Ultra Low Volatility: Why #ThisTimeIsDifferent (merkinvestments)
  • Demographics Is Destiny: Millennials Will Decide Future (thefiscaltimes)
  • The 25 Best Films of the 21st Century So Far. (nytimes)
  • The stock market is not as top-heavy as it seems. (fortunefinancialadvisors)
  • This Chart Shows Why the Fed Is in Such a Tough Spot Now (cnbc)
  • A Speculation About How This Economic Recovery Ends (bloomberg)
  • Great read about the historic relationship between the White House and the Fed (New York Times)
  • How to eliminate distractions from your investing. (blog.johnsoninv)
  • How is YOUR fund different than all the others? (feld)
  • Our Top Entrepreneurial Governor: Interview w/Doug Burgum (forbes)
  • Barclays Upgrades and Downgrades Same Company — On Same Day (Bloomberg)
  • Is Wall Street giving Netflix ($NFLX) a pass on high content costs? (hollywoodreporter)
  • Managing Climate Change: Lessons from the U.S. Navy (HBR)
  • The Western Economists Who Needlessly Delayed China’s Rise (realclearmarkets)
  • Millionaires Own Ginormous, Growing Share of World’s Wealth (cnbc)
  • Your Tap Water Could Be America’s Biggest Infrastructure Scam (Vice)
  • What does it mean to be ‘founder friendly’? (blog.ycombinator)
  • 10 Small Things to Give Up If You Want to Save More Money (cnbc)
  • Comey’s Worst Abuses Were Against Business Figures (thefederalist)
  • You should fire yourself…from being your harshest critic. (nytimes)
  • Russell 2000 bubble – the more expensive the stock, the more it’s rallying (Price Action Lab)
  • The blockchain is no longer all about Bitcoin. (visualcapitalist)
  • A profile of ETF trader Flow Traders NV. (bloomberg)
  • Retirement Milestones: How Much Should You Have Now? (schwab)
  • Automattic is closing its SF office because no one shows up. (qz)
  • Venture Capital 101. (healthtransformer.us)
  • How to get your first customer(s). (medium)
  • Why Social Security should not be invested in stocks. (alephblog)
  • Hidden in Plain Sight: A Powerful Way to Beat the Market (Wall Street Journal)
  • Oil Giants Need to Invest Heavily in Renewables by 2035 (Guardian)
  • Here’s Proof That the ‘Next Warren Buffett’ Curse Is Real (investopedia)
  • A profile of a16z partner Jeff Jordan. (theringer)
  • Does Anyone Remember How to Make a Subprime Mortgage? The lost art of making risky mortgages is in demand again (wsj)
  • Discount Conventional Fed Wisdom (realclear)
  • How portfolio aggregation can help offset the dangers of ‘narrow framing.’ (wsj)
  • The many reasons why women are underrepresented among the ranks of entrepreneurs. (mobile.nytimes)
  • The Research Affiliates asset allocation tool just got better. (interactive.researchaffiliates)
  • The Next Credit Bust (creditwritedowns)
  • Feel-good story: Waiting in Line for a Living (bloomberg)
  • Please don’t say ‘pick your brain.’ (theawl)
  • Many Rivers to Cross: Decarbonization Breakthroughs and Challenges (JPM)
  • How the Hooked app became a new fiction format. (blog.angel.co)

06/13/17 – Tuesday’s Interest-ing Reads

  • Infrastructure Isn’t Crumbling, Nor Will More Of It ‘Create Jobs’ (anindependentmind)
  • Noise traders prefer low priced stocks. (papers.ssrn)
  • Overzealous Money Laundering Rules Hurt Innocent (washingtontimes)
  • How the Fed Can Get Back to Normal Monetary Policy (bloomberg)
  • 5 Charts Show Seismic Shifts Happening in Energy (bloomberg)
  • Foreign Bullying of American Innovators Must Stop (washingtontimes)
  • Why high-cost money managers aren’t worried about the passive investing boom (finance.yahoo)
  • Get Serious, and Stop Pretending You’re Not Rich (nytimes)
  • Impact of Monetary & Regulatory Policy on Main Street Banking (realclear)
  • Does the 4% retirement withdrawal rate work outside the US? (portfoliocharts)
  • Why Expansions Die (ft)
  • What Apple showed at WWDC expands computing in new ways (recode)
  • Here’s the Email I Sent to the Employees At Yahoo (tumblr)
  • The Reasons Why
Read the rest
  • Infrastructure Isn’t Crumbling, Nor Will More Of It ‘Create Jobs’ (anindependentmind)
  • Noise traders prefer low priced stocks. (papers.ssrn)
  • Overzealous Money Laundering Rules Hurt Innocent (washingtontimes)
  • How the Fed Can Get Back to Normal Monetary Policy (bloomberg)
  • 5 Charts Show Seismic Shifts Happening in Energy (bloomberg)
  • Foreign Bullying of American Innovators Must Stop (washingtontimes)
  • Why high-cost money managers aren’t worried about the passive investing boom (finance.yahoo)
  • Get Serious, and Stop Pretending You’re Not Rich (nytimes)
  • Impact of Monetary & Regulatory Policy on Main Street Banking (realclear)
  • Does the 4% retirement withdrawal rate work outside the US? (portfoliocharts)
  • Why Expansions Die (ft)
  • What Apple showed at WWDC expands computing in new ways (recode)
  • Here’s the Email I Sent to the Employees At Yahoo (tumblr)
  • The Reasons Why Market Lambs Should Fear a Slaughter (realclearmarkets)
  • One Way to Think About Low-Income Housing (nationalreview)
  • Why the Age of the Skyscraper In China Is Coming To an End (bloomberg)
  • Philip Roth Showed Newark, NJ at Its Best and Worst (city-journal)
  • Secrets That the Waldorf-Astoria’s ‘Detectives’ Once Kept (slate)
  •  To err is human; so is the failure to admit it (economist)
  • Implied Is Detached from Imagined, 2000 Style (hussmanfunds)
  • The Fed Needs A New Theory (econlib)
  • The Snowballing Power of the VIX, Wall Street’s Fear Index (wsj)
  • An explanation for the asset growth anomaly. (papers.ssrn)
  • Secular Stagnation Is A Choice (creditwritedowns)
  • A Few Big Stocks Don’t Tell the Whole Market Story (bloomberg)
  •  Just Five Stocks Account for Nearly 75 Percent of the Nasdaq’s Plunge (bloomberg)
  • Are the FANG Stocks Really Dead? (barrons)
  • To Fight Warming, End Private Flight to Climate Confabs (usatoday)
  •  SNAFU: Situation Normal, All FANG-ed Up (aqr)
  • When international diversification doesn’t make sense. (blog.alphaarchitect)
  • Are Public Pensions Becoming a Thing of the Past? (cnn)
  • The Fed’s Big Mistake: Rate Hikes Hurt US Workers (thefiscaltimes)
  • Uber: A Timeline of the Company’s Growing List of Problems (longreads)
  • No, you’re not entitled to your opinion (theconversation)
  • Return factors, as constructed, are not beta-neutral. (blog.thinknewfound)
  • A test of “Classical Asset Allocation” strategy from the paper "Momentum and Markowitz: A Golden Combination" shows great promise. (allocatesmartly)
  • Inside Walt Mossberg’s gadget museum (theverge)
  • How factor diversification can help reduce drawdowns. (blog.alphaarchitect)
  • Growing Employer Abuse of the Non-Compete Clause (realclearmarkets)
  • Financial Markets Are ‘Increasingly at Risk’ (janushenderson)
  • Merger Numbers Belie Expressed CEO Optimism (nytimes)
  • How Steph Curry Deals with Making Millions Less Than Others (cnbc)
  • The Times Is Wrong, Pittsburgh Should Genuflect Before Uber (realclearmarkets)
  • Some Indicators That Markets Are Very Overvalued (mauldineconomics)
  • Why College Grads Should Consider Ditching the Office Jobs (fortune)
  • How Russia Targets the U.S. Military (politi.co)
  • Return factors are not a free lunch. How to assess their risk under realistic assumptions. (blog.thinknewfound)
  • The case for the value premium remains strong. (etf)
  • Don’t Foist Kansas Tax Cuts on Rest of the U.S. (usatoday)
  • Only 2 Other Times Ever When Stocks Were More Expensive (marketwatch)
  • Can you combine factor and sector strategies? (quantpedia)
  • How activists actually influence company decisions. (papers.ssrn)
  • Cautionary CEO Tale Emerges from the Fall of Jeffrey Immelt (nysun)
  • Why are managers unable to capture, in real-time, returns from the major factors? (dualmomentum)
  • Why Extreme Market Predictions Provide No Value (yahoo)
  • Will Fed Reduce Balance Sheet? What Bondholders Should Know (schwab)
  • You Smart Enough to Spot Coming Stock Market Crash? (marketwatch)

06/12/17 – Monday’s Interest-ing Reads

  • Sometimes the ‘Smart Money’ Is Dumb Too (wsj)
  • Is the End of Recovery Nearer Than Believed? (morningstar)
  • Another retailer, Gymboree, bites the dust. (businessinsider)
  • Generals Warn That U.S. Security Is at Stake In Race for New Energy Superiority (bloomberg)
  • These Cities Have Too Many Stores, and They’re Still Building (Bloomberg)
  • You Want to Earn More Money? You Need to Get More Sleep! (marketwatch)
  • Why Taking Nordstrom Private Might Be a Bad Idea (nypost)
  • Boston’s MBTA pension fund is more underfunded than currently thought. (advisorperspectives)
  • The Market’s Verdict on GE’s Jeff Immelt: Failure (yahoo)
  • If you can’t handle a market drawdown maybe you are in the wrong place to start. (thereformedbroker)
  • Corporates v. Munis: What Investors Should Know (schwab)
  • Action in the European ETF market is
Read the rest
  • Sometimes the ‘Smart Money’ Is Dumb Too (wsj)
  • Is the End of Recovery Nearer Than Believed? (morningstar)
  • Another retailer, Gymboree, bites the dust. (businessinsider)
  • Generals Warn That U.S. Security Is at Stake In Race for New Energy Superiority (bloomberg)
  • These Cities Have Too Many Stores, and They’re Still Building (Bloomberg)
  • You Want to Earn More Money? You Need to Get More Sleep! (marketwatch)
  • Why Taking Nordstrom Private Might Be a Bad Idea (nypost)
  • Boston’s MBTA pension fund is more underfunded than currently thought. (advisorperspectives)
  • The Market’s Verdict on GE’s Jeff Immelt: Failure (yahoo)
  • If you can’t handle a market drawdown maybe you are in the wrong place to start. (thereformedbroker)
  • Corporates v. Munis: What Investors Should Know (schwab)
  • Action in the European ETF market is heating up. (wsj)
  • Bitcoin breaking $3000, a year to date triple! (Bloomberg)
  • Apple catches a downgrade (Barron’s)
  • How Badly Must a C.E.O. Behave Before His Pay Is Clawed Back? (nytimes)
  • Why family offices are bypassing private equity to go direct. (barrons)
  • A Dollar Breakdown Is Coming… (marketanthropology)
  • Italian voters say no to hard-right Five Star candidates (Bloomberg)
  • Amazon and Wal-Mart’s all-out price war is terrifying America’s biggest brands (msn)
  • ETFs are not as liquid as they appear…in a crisis. (bloomberg)
  • Here Are 5 Defense Stocks Investors Should Look to Buy Now (fortune)
  • We Expect a 25 Basis Point Hike From the FOMC This Week (realclear)
  • The stock market MAY crash, but constantly calling for one isn’t helpful. (awealthofcommonsense)
  • How the same investment return can feel very differently. (theirrelevantinvestor)
  • Asset allocation always matters despite what investors may say. (beta.morningstar)
  • Dying malls are dragging everyone down in their wake. (footnoted)
  • How various tactical asset allocation strategies performed in May. (allocatesmartly)
  • The Unsung Genius of Getting Fired (fee)
  • The Fed’s data-dependent path makes no one happy. (economistsview.typepad)
  • Experience is overrated. (theirrelevantinvestor)
  • There is no hiding Apple’s ($AAPL) strength and weaknesses. (stratechery)
  • Gold Is Bound to Disappoint the Bulls — Again (bloomberg)
  • ‘Universal Basic Income’ is a Monumentally Awful Idea (investors)
  • The Most Dangerous Part About Killing Dodd-Frank (cnn)
  • Habits and goals are two different things. (farnamstreetblog)
  • Apple ($AAPL) and Microsoft ($MSFT) are trying to blur the lines between tablets and laptops. (businessinsider)
  • How much should you trust an ETF backtest? (beta.morningstar)
  • Kansas Reveals Failure of Supply-Side Economics (nytimes)
  • Investors should be wary of hedge funds that convert into mutual funds. (beta.morningstar)
  • Scientists Have Found the Oldest Known Human Fossils (theatlantic)
  • U.S. Investors Are More Confident About Retirement Finances (gallup)
  • Comparing the big REIT ETFs. (etf)
  • Successful people say no…all the time. (ft)
  • The biggest problem today for investors is future low returns. (alephblog)
  •  Prophets of Doom With Too Much Gloom (bloomberg)
  • The New, Nearly Invisible Class Markers of America’s Elite (qz)
  • Shopping malls are being forced to change their mix. (wsj)
  • Bank analyst Mike Mayo joins Wells Fargo ($WFC). (ft)
  • Steven Sinofsky, "Apple released a massive amount of software this past week." (medium.learningbyshipping)
  • Can your ETF scale? (blog.alphaarchitect)
  • On the power of compounding in life. (kottke)
  • Why you need to defend your schedule. (venturebeat)
  • Will IEX become more than just a niche player? (wsj)
  • Hedge funds face a crisis of confidence (New York Post)
  • Apple is going to let podcast creators — and advertisers — see what listeners actually like (recode)
  • Democrats’ New Econ. Plan Will Solidify Their Minority Status (realclearmarkets)
  • What’s Next for Technology Stocks — Bloodbath or Bliss? (marketwatch)
  • Thoughts on Fixing U.S.’s Endless Infrastructure Mess (nationalreview)
  • Nvidia ($NVDA) is the new Intel ($INTC). (thereformedbroker)
  • Why Pandora ($P) and SiriusXM are joining forces. (recode)
  • Why you should go on a news diet. (jamesaltucher)
  • A Ritzy Place For World’s Unlikeliest Socialists (bloomberg)
  • 3 Buffett Stocks To Buy Right Now, 3 To Sell Immediately (forbes)
  • When Monty Python Took American Television to Court (mentalfloss)
  • The Problem With the Relentless Pursuit of Happiness (A Wealth Of Common Sense)
  • It’s hard to find a whole lot of slack in the US economy. (ft)
  • Illinois is a failed state. (politico)
  • Apple ($AAPL) is belatedly giving the App Store some attention. (bloomberg)
  • The Harvard endowment is getting out of the farming business. (wsj)
  • Gary Cohn Has Long Profited From His Biggest Mistakes (nymag)
  • If you knew a stock you owned today wasn’t going to go up for the next 12 months, would you still own it today? (microcapclub)
  • What CEOs had to say about the economy this week. (avondaleam)
  • The iPad Pro is not yet a suitable laptop replacement. (nytimes)
  • Wall Street is full of market myths. (fortunefinancialadvisors)
  • How one small foundation trounced the "big guys." (etf)
  • Four tips from the Stoics on how to be productive. (theirrelevantinvestor)
  • Paying the Price for Eight Days of Flying in America (nytimes)
  • Don’t Be Naive and Roll Over For This 401(k) and IRA Ripoff (usatoday)
  • Five experts weigh in on the death of brick-and-mortar retail. (axios)
  • My favorite new website (IsTravisStillCEO.com)
  • Wow, Jeff Immelt steps down as GE CEO after 16 years (Wall Street Journal)
  • Goldman Sachs ($GS) is joining the bond ETF game. (wsj)
  • Can retailers push back against free shipping? (knowledge.wharton.upenn.edu)
  • John Gruber, "There should be no “virus and malware” scanners in the App Store." (daringfireball)
  • Why teens have stopped getting summer jobs. (theatlantic)
  • Apple ($AAPL) has six months to make the HomePod a success. (wsj)
  • A market "emotional adjustment" is on the way. (theirrelevantinvestor)
  • Why smart beta investors are likely to be disappointed. (humbledollar)
  • Why the weakness in MLPs? (sl-advisors)
  • Comparing your portfolio to a benchmark doesn’t do you any good if you don’t learn from it. (marketfox)
  • Slow Summer Fridays are a great time to move stocks. (dashofinsight)
  • An Ominous Pattern in Big Technology Stocks (marketwatch)
  • Why the Fed is likely to raise rates next week even though they don’t need to. (economist)
  • How The Next Financial Crisis Won’t Happen (ft)
  • Looking for a good old fashioned bear market? Check out coffee. (kimblechartingsolutions)
  • What would your investment process really look like in retrospect? (rp-pieces)
  • All Uncertainty from Washington Is Not Created Equal (realclearmarkets)
  • A succinct summary of the week’s economic events. (ritholtz)
  • Specific questions yield specific answers. (m.signalvnoise)
  • The economic schedule for the coming week. (calculatedriskblog)
  • One of these days you won’t need an iPhone to make the Apple ($AAPL Watch useful. (fastcompany)
  • The best ETFs YTD. (etf)
  • This is hilarious… (New York Post)
  • $2,679,001: that’s how much it costs to go to lunch with Warren Buffett. (nytimes)
  • The Federal Reserve Needs Better Inflation Target (bloomberg)
  • Nordstrom ($JWM) may go private. (nytimes)
  • Amazon ($AMZN) is taking on Wal-Mart ($WMT) with discounted Prime pricing. (theatlantic)
  • Viking Global Investors is returning $8 billion back to investors. (nytimes)
  • With Its $23 Billion ‘Surplus,’ Is Nigeria Ripping the U.S. Off? (realclearmarkets)
  • Apple’s ($AAPL) Safari may be the browser to beat. (qz)
  • The American manufacturing economy is doing just fine. (bloomberg)

06/09/17 – Friday’s Interest-ing Reads

Read the rest
  • Why you have to learn from bad pitches. (pointsandfigures)
  • Gayborhoods: Why House Prices in Gay Neighborhoods Soar (marketwatch)
  • The meal kit space is getting crowded. (fortune)
  • JOLTed (knowledgeleaderscapital)
  • Five Intelligent, Simple Ways To Protect Your Stock Portfolio (forbes)
  • Research on why diversity in teams matters. (papers.ssrn)
  • Initial Comments on James Comey’s Written Testimony (lawfareblog)
  • The Days & Nights of Elon Musk: How He Spends His Time at Work & Play (qz)
  •  Molecules found in young stars suggest life on Earth came via our sun (wired.co.uk)
  • Thanks to Dodd-Frank, Dreamers Are Being Suffocated (realclearmarkets)
  • Everyone Is Muddling In Economic Darkness (realclearmarkets)
  • Why Americans Aren’t Loving Retirement Like They Used To (usatoday)
  • Master Limited Partnership: More Going On Than Oil Price (realclear)
  • Diversify? Easier Said Than Done (knowledgeleaderscapital)
  • U.S. Job Creation Index Returns to a Record High in May (gallup)
  • Dividends by the Numbers in May 2017 (politicalcalculations.blogspot)
  • This Is the Future of Business-Class Seats (bloomberg)
  • The Power of Failing Well (collaborativefund)
  • Is Bitcoin A New Asset Class? (capitalspectator)
  • Congress Took a Huge Step Toward Fixing Economy (investors)
  • Europe (Finally) Shows How to Close a Failing Bank (bloomberg)
  • How Y Combinator is scaling. (qz)
  • Systematically Harvesting the Volatility Premium (morningstar)
  • What’s It Really Like to Cook for a Powerful Restaurant Critic (grubstreet)
  • Comey’s Testimony Unlikely to Have a Market Impact (nypost)
  • It’s Not Just Retail That’s Changing. We’re Changing Too (bloomberg)
  • David Brooks, Billions, and the Paradox of Charitable Giving (realclearmarkets)
  • Patrick O’Shaugnessy talks with Ira Judelson, New York City’s most prominent bail bondsman. (investorfieldguide)
  • Amazon Lowers Prime Membership Rate For Low-Income Customers (npr)
  • Prosperity Does Not Require Govt Spending (washingtontimes)
  • Thoughts on How to Cure Banking of ‘Too Big to Fail’ (realclearmarkets)
  •  Inside the Factory Building the World’s Smallest, Cheapest Private Jet (wired)
  • U.K. Election: Worst, Best Scenarios for Global Stocks (marketwatch)
  • Broadway Tickets for the Price of Economics Lesson (nytimes)
  •  Why are analysts crowing about our crummy job market? (theweek)
  • Stop Waiting for the "All Clear" From Markets (bloomberg)
  • Some insights from investing in 200+ startups from YC Partner Paul Buchheit. (blog.ycombinator)
  • Investing for good. What a B-corp fund looks like. (collaborativefund)
  • The Biggest Black Swan of All May Be North Korea (marketwatch)
  • Commentary on How to Rebuild America’s Infrastructure (realclear)
  • Best May For Dividends Since 2014 (blogspot)
  • Curb Your Enthusiasm, Texas Isn’t Really New Saudi Arabia (bloomberg)
  • Humanity needs finance says Mihir Desai author of "The Wisdom of Finance: Discovering Humanity in the World of Risk and Return." (hbr)
  • Canada Rejects ‘America First’: How It Can Fill in For the U.S. (realclearmarkets)
  • Tim Ferriss talks with Vince Vaughn about fear and success. (tim.blog)
  • Hard Time Finding Attractively Valued Companies (contrarianedge)
  • In Miami, David Beckham Has Wrought America’s Best Stadium Deal&#xA0 (slate)
  • Venture capitalists with daughters, a proxy for diversity, do a better job of generating returns. (papers.ssrn)
  • How is Blue Apron at managing its costs? (bloomberg)
  • Michael Covel talks with Daniel DiPiazza author of “Rich20Something: Ditch Your Average Job, Start an Epic Business, and Score the Life You Want.” (trendfollowingradio)
  • Cardiff Garcia talks with Richard Ocejo, a sociologist and author of the new book, "Masters of Craft." (ftalphaville.ft)
  • Amazon Just Invented the Bookstore (fee)
  • Retail Stores: Selling Stuff Is No Longer Really the Point (fortune)
  • The Myth of the Overnight Success (fee)
  • Did the Dodgers Really Make Los Angeles a World Class City? (realclearmarkets)
  • Five Big Tech Stocks Build Market Euphoria, and Jitters (nytimes)
  • Why Sacrifices by the Rich Won’t Fix Social Welfare (bloomberg)
  • Did life here begin … out there? Maybe its precursors did. (blastr)
  • Reality Check: Companies Need to Invest in Wages and Training (strategy-business)
  • Dear Oil, You Have a Big Tesla Problem. But When Will It Hit? (cnn)
  • Breaking Up the TBTF Banks Is Easier Than You Might Think (thenation)
  • Debt Sustainability In a Low Interest Rate World (realclear)
  • A Japanese stranger saved my family from the Holocaust. How can I repay him? (qz)
  • The Longer-Term View: Secular Reflation (gsam)
  • Why Men Don’t Live as Long as Women (nautil.us)
  • Jordan Harbinger talks with David Eagleman author of "Incognito: The Secret Lives of the Brain and The Brain: The Story of You." (theartofcharm)
  • Sometimes VCs need to be a little crazy. (medium)
  • Chicago is not Silicon Valley. And that is OK. (m.signalvnoise)
  • Jamie Dimon Wants This Guy to Disrupt JPMorgan (bloomberg)
  • Philly Soda Tax Falls Flat (blogspot)
  • Marc Maron talks with Senator Al Franken. (wtfpod)
  • How Markets Got The Jobs Report Completely Wrong (investors)
  • Seven reasons to NOT start your own business. (monevator)
  • There’s Danger at Door When Markets Lose Fundamentals’ Focus (tcw)
  • Citizen Zuckerberg: Why would the Facebook CEO want to be our POTUS? (thebaffler)
  • Ibiza: Hard-Partying Clubbing Mecca to Clean-Living Capital (co)
  • Eight Ways You’re Doing Burgers Wrong (bloomberg)
  • A Farm Grows in the City (wsj)
  • Ted Seides talks with David "Bull" Gurfein about the military, business, leadership, management, and resource allocation. (capitalallocatorspodcast)
  • Some ‘free lunches’ founders should avoid. (avc)
  • Our Debt Limit Nightmares Are Starting to Come True (newrepublic)
  • Cities are humanity’s greatest invention. (freakonomics)
  • Bonds Rally As Fed Prepares To Hike (capitalspectator)
  • Sector Breakouts Show This Bull Has Legs (barrons)
  • The Meltup Scenario Is Imminent…Or Underway (yardeni)
  • Would More Govt Infrastructure Spending Boost the Economy? (realclear)
  • Brett McKay talks with Isaac Lidsky author of "Eyes Wide Open: Overcoming Obstacles and Recognizing Opportunities in a World That Can’t See Clearly." (artofmanliness)
  • Will standalone meal kits still be a thing five years from now? (fastcompany)
  • Amazon at $1000 – Should We Celebrate? (promarket)
  • A French Novel Shows Pride and Pain of Those Left Behind (newrepublic)
  • Why You Still Can’t Trust Your Financial Adviser: Fiduciary rule in doubt, seeking professional advice on your money remains a dangerous proposition (bloomberg)
  • Tech Stocks: Too Far, or Some Room to Run Upward? (schwab)
  • The Great Kansas Tax Cut Experiment Crashes And Burns (forbes)
  • Momentum is building for Indianapolis as a startup hub. (venturebeat)