09/27/16 – Tuesday’s Interest-ing Reads

  • Harvard Does a Trade You Should Never Make (bloomberg)
  • The VanEck Vectors Fallen Angel High Yield Bond ETF ($ANGL) is undergoing a shake up. (blogs.barrons)
  • Home prices, per Case-Shiller, increased 5.1% year-over-year ending in July. (calculatedriskblog)
  • 50% of shoppers turn to Amazon ($AMZN) first. (bloomberg)
  • Netflix knows how and why you binge-watch its shows (bgr)
  • Peer-to-peer insurer Lemonade launches in New York. (nypost)
  • Why seeding new technologies can help broader adoption. (papers.ssrn)
  •  Why Wells Fargo’s Executives Will Keep Their Bonuses, Even After Fake Accounts Scandal (theintercept)
  • Traffic Is Fake, Audience Numbers Are Garbage, And Nobody Knows How Many People See Anything (techdirt)
  • Why no one should buy Twitter ($TWTR). (slate)
  • Startup CEOs need only do three things well. (avc)
  • House-flippers having joined the crowdfunding game.
Read the rest
  • Harvard Does a Trade You Should Never Make (bloomberg)
  • The VanEck Vectors Fallen Angel High Yield Bond ETF ($ANGL) is undergoing a shake up. (blogs.barrons)
  • Home prices, per Case-Shiller, increased 5.1% year-over-year ending in July. (calculatedriskblog)
  • 50% of shoppers turn to Amazon ($AMZN) first. (bloomberg)
  • Netflix knows how and why you binge-watch its shows (bgr)
  • Peer-to-peer insurer Lemonade launches in New York. (nypost)
  • Why seeding new technologies can help broader adoption. (papers.ssrn)
  •  Why Wells Fargo’s Executives Will Keep Their Bonuses, Even After Fake Accounts Scandal (theintercept)
  • Traffic Is Fake, Audience Numbers Are Garbage, And Nobody Knows How Many People See Anything (techdirt)
  • Why no one should buy Twitter ($TWTR). (slate)
  • Startup CEOs need only do three things well. (avc)
  • House-flippers having joined the crowdfunding game. (bloomberg)
  • Should you worry about the TED spread’s widening? (WealthManagement)
  • No, NASA Didn’t Change Your Astrological Sign (slate)
  • Only government action can resolve a global solvency crisis (ft)
  • US retail sales are unlikely to accelerate any time soon. (blog.gavekalcapital)
  • The first Twitter analyst upgrade on takeover chatter (Tech Trader)
  • Formula E continues to attract backers. (theverge)
  • Emerging market bond yield spreads are again trading near their lows. (twitter)
  • Brevan Howard is cutting its management fee in some cases to 0%. (wsj)
  • The Story of Post-Brexit Britain, In 17 Charts (bloomberg)
  • Economics Has a Major Blind Spot (bloomberg)
  • eSports is attracting investments from big names in sports. (businessinsider)
  • How TradeDesk ($TTD) got a $1 billion IPO. (medium)
  •  Yale Endowment Earned 3.4% in a Year When Many Peers Lost (nytimes)
  • Why Google ($GOOGL) should integrate Twitter ($TWTR) with YouTube. (techcrunch)
  • Amazon’s ($AMZN) plan is to infiltrate homes with Alexa-powered speakers like the Echo and Dot. (bloomberg)
  • ETFs are a big reason behind the CBOE ($CBOE)-BATS Global ($BATS) deal. (bloomberg)
  • The Deutsche Bank crisis could take Angela Merkel down – and the Euro (Telegraph)
  • The first debate featured an unprepared man repeatedly shouting over a highly prepared woman (Vox)
  • LOL, Wells Fargo CEO will walk away with $124 million in severance if he goes. (CNBC)
  • Everybody wants to be a VC now. (afr)
  • 100 Greatest TV Shows of All Time (rollingstone)
  • Another one bites the dust. Perry Capital to close. (bloomberg)
  • JC’s technical take on interest rates (All Star Charts)
  • Millions in U.S. Climb Out of Poverty, at Long Last (nytimes)
  • Wells Fargo’s fraud ensures survival of the CFPB (ochousingnews)
  • Assessing the chances of a December Fed rate hike. (economistsview.typepad)
  • How BlueApron got it right. (fortune)
  • How Judith Elesea looks at investments. (thewaiterspad)
  • The most thankless job in the 2016 election (highline.huffingtonpost)
  • Good companies need not make good stocks. (institutionalinvestor)

09/26/16 – Monday’s Interest-ing Reads

  • Amazon ($AMZN) is now the second largest apparel retailer in the US. (businessinsider)
  • Why American companies continue to shift production to Mexico. (bloomberg)
  • How dumb money and smart money drive stock market anomalies. (blog.alphaarchitect)
  • Markets to Deutsche Bank: You’re in trouble (Guardian)
  • Help! I Have No Idea Where My 401(k) Is, or What to Do With It. (nymag)
  • On the abrupt departure of Marc Andreessen from Twitter (TechCrunch)
  • The Death of the Telephone Call: 1876-2007.&#xA0 (slate)
  • The Collectible Car Market Is Getting the Air Kicked Out of its Tires (bloomberg)
  • Where does the Apple ($AAPL) TV go from here? (fastcompany)
  • The upcoming Q3 earnings reports represent a return to S&P 500 revenue growth for the first time since late 2014 (Wall Street Journal)
  • Why Disney
Read the rest
  • Amazon ($AMZN) is now the second largest apparel retailer in the US. (businessinsider)
  • Why American companies continue to shift production to Mexico. (bloomberg)
  • How dumb money and smart money drive stock market anomalies. (blog.alphaarchitect)
  • Markets to Deutsche Bank: You’re in trouble (Guardian)
  • Help! I Have No Idea Where My 401(k) Is, or What to Do With It. (nymag)
  • On the abrupt departure of Marc Andreessen from Twitter (TechCrunch)
  • The Death of the Telephone Call: 1876-2007.&#xA0 (slate)
  • The Collectible Car Market Is Getting the Air Kicked Out of its Tires (bloomberg)
  • Where does the Apple ($AAPL) TV go from here? (fastcompany)
  • The upcoming Q3 earnings reports represent a return to S&P 500 revenue growth for the first time since late 2014 (Wall Street Journal)
  • Why Disney ($DIS) should buy Twitter ($TWTR). (finance.yahoo)
  • Professional money managers really can’t emulate Warren Buffett. (brontecapital.blogspot)
  • Tricks (hacks) are great but they aren’t sustainable. (sethgodin.typepad)
  • Roku has unveiled a new lineup of streaming TV devices. (techcrunch)
  • The Financial Basket Of Deplorables (A Teachable Moment)
  • Treasury Market’s Biggest Buyers Are Selling as Never Before (Bloomberg)
  • The global capital markets experienced across the board gains last week. (capitalspectator)
  • Higher technology companies hold higher cash balances. (papers.ssrn)
  • Meet the Winners of This Year’s Ig Nobel Prizes (gizmodo)
  • Investment banks favor their biggest buy-side clients in IPO allocations. (papers.ssrn)
  • One of the attractions for alt funds is the ability to dial in your risk exposure. (blog.abglobal)
  • The CBOE ($CBOE) is buying BATS ($BATS). (wsj)
  • Why it’s so difficult to keep things simple in investing. (awealthofcommonsense)
  • John Hempton’s investment philosophy (brontecapital.blogspot.in)
  • Whatever happened to the stock split? (economist)
  • Why (increased) diversity is so important for finance. (blogs.cfainstitute)
  • Investors go bananas for tech stocks again (MoneyBeat)
  • Financial literacy is woeful. (etf)
  • Deutsche Bank: No we’re fine shut up. (Reuters)
  • Anthony Isola, "Predictions attract eyeballs; headlines repel returns." (tonyisola)
  • The publicly traded private colleges have been pretty much wiped out under the Obama administration. (buzzfeed)
  • Q3 S&P 500 earnings are expected to show a drop. (crossingwallstreet)
  • Why you should pay a penny to send an email&#xA0 (ozy)
  • A Shocking Amount of E-Waste Recycling Is a Complete Sham (motherboard.vice)
  • How would an acquiror make money on Twitter ($TWTR)? (ft)
  • What could Salesforce possible want from Twitter? (Wall Street Journal)
  • Monetary policy is played out. It’s time for fiscal policy to step up. (ft)
  • Is a higher Sharpe Ratio always better? (thepfengineer)
  • It’s hard to have creative thoughts in routine places. (forbes)
  • Momentum in futures markets does not seem to be related to spot market momentum. (papers.ssrn)
  • Brexit is like when Henry VIII told the Pope to go f*** himself. – Nomura (Telegraph)

09/25/16 – Sunday’s Interest-ing Reads

  • What CEOs had to say about the economy this week. (avondaleam)
  • Three lessons for my younger self. (m.signalvnoise)
  • Why do big fund companies like Vanguard have bank lines? (ft)
  • Small experiments are a good way to achieve bigger goals. (qz)
  • What you can learn rummaging through used business books. (linkedin)
  • A succinct summary of the week’s economic events. (ritholtz)
  • Yeti is going public and providing its backers with huge returns. (wsj)
  • Small businesses are still not thriving. (bloomberg)
  • The economic schedule for the coming week. (calculatedriskblog)
  • Why are people actively trading actively managed ETFs? (marketwatch)
  • We are still facing 50 days of political uncertainty. (dashofinsight)
  • Why bull markets are hard to deal with. (pragcap)
  • It’s hard to see how US stocks show decent returns over
Read the rest
  • What CEOs had to say about the economy this week. (avondaleam)
  • Three lessons for my younger self. (m.signalvnoise)
  • Why do big fund companies like Vanguard have bank lines? (ft)
  • Small experiments are a good way to achieve bigger goals. (qz)
  • What you can learn rummaging through used business books. (linkedin)
  • A succinct summary of the week’s economic events. (ritholtz)
  • Yeti is going public and providing its backers with huge returns. (wsj)
  • Small businesses are still not thriving. (bloomberg)
  • The economic schedule for the coming week. (calculatedriskblog)
  • Why are people actively trading actively managed ETFs? (marketwatch)
  • We are still facing 50 days of political uncertainty. (dashofinsight)
  • Why bull markets are hard to deal with. (pragcap)
  • It’s hard to see how US stocks show decent returns over the next decade. (mebfaber)
  • Quant trading is all about acquiring a whole bunch of signals. (marginalrevolution)
  • How investment scammers grab your attention. (wsj)

09/24/16 – Saturday’s Interest-ing Reads

  • This device can create drinking water from the air. (businessinsider)
  • Why Bruges, Belgium built a two-mile beer pipeline. (nytimes)
  • Apple ($AAPL) wants Siri to take on Alexa. (arstechnica)
  • The NFL should let players smoke weed for pain. (rollingstone)
  • Don’t waste money on premium gas. (nytimes)
  • The difference between rationality and intelligence. (nytimes)
  • Why grass-fed beef is on a roll. (wsj)
  • How to watch movies and books intelligently. (qz)
  • A 15-point federal checklist for self-driving cars. (nytimes)
  • Conan is still slugging it out in late night. (theringer)
  • There is a proposal to make a stretch of Interstate 5 into an autonomous-only highway. (bloomberg)
  • Ashton Kutcher knows how to make a sitcom. (theringer)
  • • How a pension deal went wrong and cost California taxpayers billions (latimes)
Read the rest
  • This device can create drinking water from the air. (businessinsider)
  • Why Bruges, Belgium built a two-mile beer pipeline. (nytimes)
  • Apple ($AAPL) wants Siri to take on Alexa. (arstechnica)
  • The NFL should let players smoke weed for pain. (rollingstone)
  • Don’t waste money on premium gas. (nytimes)
  • The difference between rationality and intelligence. (nytimes)
  • Why grass-fed beef is on a roll. (wsj)
  • How to watch movies and books intelligently. (qz)
  • A 15-point federal checklist for self-driving cars. (nytimes)
  • Conan is still slugging it out in late night. (theringer)
  • There is a proposal to make a stretch of Interstate 5 into an autonomous-only highway. (bloomberg)
  • Ashton Kutcher knows how to make a sitcom. (theringer)
  • • How a pension deal went wrong and cost California taxpayers billions (latimes)
  • • How FX became TV’s best, most reliable network (hitfix)
  • When will a woman play in MLB? (nytimes)
  • The authentic Chicago accent is disappearing. (chicagoreader)
  • On the sad demise of the rotary knob. (ft)
  • The incentives for bad science are growing. (theatlantic)
  • • The Fattening — Did the Low-Fat Era Make Us Fat? (pbs)
  • Self-driving cars will set off a change in cities. (bloomberg)
  • • Amazon Says It Puts Customers First. But Its Pricing Algorithm Doesn’t. (propublica)
  • What happens when your ad blocking company starts running ads? (nytimes)
  • • The Man. The Voice. The Stories.: Vin Scully has been broadcasting Dodgers games for 67 seasons. As he signs off this year, Jon Miller, Bud Selig, Bob Costas and 20 other colleagues and friends reflect on why a career like Scully’s won’t happen again.&#xA0 (espn)
  • Everything we know about human-Neanderthal sex. (vox)
  • The big tech companies are pushing into health-related decision support. (bloomberg)
  • A profile of Theo Epstein as the Cubs’ turnaround takes hold. (espn)
  • • Religion in U.S. ‘worth more than Google and Apple combined’ (theguardian)
  • Belgians don’t drink Stella Artois. (wsj)
  • How the Sugar Industry Buys Academia and Politicians (promarket)
  • Goldfish as invasive species. (nytimes)
  • • How to hide it: inside the secret world of wealth managers. They are the brains behind the most ingenious tax avoidance schemes. And there are more of them than ever&#xA0 (theguardian)
  • Who’s responsible when a human is behind the wheel of a car with autonomous features? (latimes)
  • The ethanol mandate outlived its usefulness. (nytimes)
  • The paperless office is finally here. (wsj)
  • Pubs are in decline in the UK. (bloomberg)
  • What cities are doing to reduce the effect of global warming induced heat waves. (newyorker)
  • Why supermarket bacon is packaged with that window. (bloomberg)
  • "The launch of the world’s first large-scale tidal energy farm in Scotland has been hailed as a significant moment for the renewable energy sector." (theguardian)
  • Are we underplaying the cancer risk of drinking alcohol? (wired)
  • The problem with middle school. (qz)
  • Your smoothie is a dessert. (bonappetit)
  • How men experience depression. (wsj)
  • Men with anxiety are more vulnerable to cancer. (latimes)
  • Where you should sit on an airplane according to a flight attendant. (bbc)
  • Are there too many liberal arts majors? (theatlantic)
  • Netflix ($NFLX) wants half of its content to be original. (techcrunch)
  • • Welcome to the Dark Net, a Wilderness Where Invisible World Wars Are Fought and Hackers Roam Free (vanityfair)
  • Lyft’s vision for the next ten years. (medium)
  • • Meet the California couple who uses more water than every home in Los Angeles combined (motherjones)

09/23/16 – Friday’s Interest-ing Reads

  • The Deflategate Scientists Unlock Their Lab (nytimes)
  • Brian Koppelman talks with Seth Godin about why he doesn’t believe in writer’s block. (slate)
  • Writing ain’t easy, people. (awealthofcommonsense)
  • The Theranos of Mayonnaise (Bloomberg)
  • If fintech about disruption or acquisition? (businessinsider)
  • The auto industry has challenges to meet before autonomous cars become ubiquitous. (strategy-business)
  • Investing to Avoid the Consequences of Being Wrong (aaii)
  • Clash of the podcasters: Meb Faber talks trendfollowing and more with Michael Covel. (mebfaber)
  • Global investors pulled $7.4 billion from equity funds in the week to Wednesday, the largest outflow in around three months (Reuters)
  • Sallie Krawchek on how diverse teams help fight groupthink. (blogs.cfainstitute)
  • KKR ($KKR) is trying to become more family-friendly. (wsj)
  • Stocks Don’t Have to Fall When Rates Rise (MoneyBeat)
  • The
Read the rest
  • The Deflategate Scientists Unlock Their Lab (nytimes)
  • Brian Koppelman talks with Seth Godin about why he doesn’t believe in writer’s block. (slate)
  • Writing ain’t easy, people. (awealthofcommonsense)
  • The Theranos of Mayonnaise (Bloomberg)
  • If fintech about disruption or acquisition? (businessinsider)
  • The auto industry has challenges to meet before autonomous cars become ubiquitous. (strategy-business)
  • Investing to Avoid the Consequences of Being Wrong (aaii)
  • Clash of the podcasters: Meb Faber talks trendfollowing and more with Michael Covel. (mebfaber)
  • Global investors pulled $7.4 billion from equity funds in the week to Wednesday, the largest outflow in around three months (Reuters)
  • Sallie Krawchek on how diverse teams help fight groupthink. (blogs.cfainstitute)
  • KKR ($KKR) is trying to become more family-friendly. (wsj)
  • Stocks Don’t Have to Fall When Rates Rise (MoneyBeat)
  • The end of Twitter ($TWTR) as an independent entity may finally be near. (businessinsider)
  • When Smart Beta Fails (Indexology)
  • How crowdfunding has turned into "pre-commerce." (a16z)
  •  You're Not as Rich as You Think (bloomberg)
  • Skills vs. talents. (sethgodin.typepad)
  • Can Stumpf survive? (Wall Street Journal)
  • Written in the Stars: People Are Freaking Out About NASA “Changing” Their Star Signs&#xA0 (brandwatch)
  • Brett McKay talks with Chris Voss author of "Never Split the Difference: Negotiating As If Your Life Depended On It." (artofmanliness)
  • A new high speed trader is entering the US ETF business. (bloomberg)
  • Financial advisers need to take care of themselves before they can help their clients. (blogs.cfainstitute)
  • Facebook Overestimated Key Video Metric for Two Years (Wall Street Journal)
  • Can the big banks still make money? (ftalphaville.ft)
  • So much for intelligence = investment success… (Crimson)
  • Harry Stebbings talks with Eero’s Nick Weaver. (thetwentyminutevc)
  • America’s rivers and streams are overflowing with microplastic pollution&#xA0 (qz)
  • Why portfolio managers are nervous going into year-end. (thereformedbroker)
  • Stig and Preston talk with Mark Stevens author of "King Icahn." (theinvestorspodcast)
  • Apple ($AAPL) is building a Siri-powered Amazon ($AMZN) Echo competitor. (bloomberg)
  • Daniel Gross talks with Ryan Avent about his new book "The Wealth of Humans: Wealth, Power, and Status in the 21st Century." (strategy-business)
  • How Wal-Mart ($WMT) should integrate Jet.com. (bloomberg)
  • Russ Roberts talks with Susan Athey about using machine learning in econometrics. (econtalk)
  • "Silicon Valley" comedian Kumail Nanjiani talks nerd-life on and off screen (theverge)
  • Oracle's Cloudy Future (stratechery)
  • Dan Harris talks with Elizabeth Vargas about anxiety, addiction and meditation. (player.fm)
  • James Altucher talks with Robert Cialdini about his new book "Presuasion." (jamesaltucher)
  • Nuveen is getting into the ETF business with the NuShares Enhanced Yield U.S. Aggregate Bond ETF ($NUAG). (etf)
  • The Retirement Planning Blunder That 65% Of Americans Make, And How To Avoid It (investors)
  • How does a mall cope when a big tenant like Macy's closes? (latimes)
  • James Altucher talks with Cal Newport the author of "Deep Work." (player.fm)
  • Tracy Alloway and Matt Levine talk with James Crawford about how hedge funds use satellite data to make investment decisions. (bloomberg)
  • The Professor Who Was Right About Index Funds All Along (bloomberg)
  • The Traits and Processes That Lead to Better Forecasts (aaii)
  • Passive has won. Why you should think active. (medium)
  • Five steps to creativity. (adamhgrimes)

09/22/16 – Thursday’s Interest-ing Reads

  • On the challenges of running the world’s largest sovereign wealth fund (Norway). (economist)
  • The most unpopular ETFs of 2016. (etf)
  • The Chicago Fed National Activity Index shows continued below trend growth for August. (capitalspectator)
  • Marijuana legalization is facing a major challenge from the alcohol industry (businessinsider)
  • The investment opportunity in Argentina. (ft)
  • How much more can developed markets run? (blog.gavekalcapital)
  • Fran Kinniry, "Intuition and nostalgia are enemies of your investment success." (vanguardblog)
  • Investors hate, hate, hate Sears Holdings ($SHLD). (marketwatch)
  • An inside look at the economy of a fish market. (discoversociety)
  • Getting stuff done. An interview with Phyllis Korrki author of "The Big Thing: How to Complete Your Creative Project Even If You’re a Lazy, Self-Doubting Procrastinator Like Me." (knowledge.wharton.upenn.edu)
  • These Legendary Movie Props Are
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  • On the challenges of running the world’s largest sovereign wealth fund (Norway). (economist)
  • The most unpopular ETFs of 2016. (etf)
  • The Chicago Fed National Activity Index shows continued below trend growth for August. (capitalspectator)
  • Marijuana legalization is facing a major challenge from the alcohol industry (businessinsider)
  • The investment opportunity in Argentina. (ft)
  • How much more can developed markets run? (blog.gavekalcapital)
  • Fran Kinniry, "Intuition and nostalgia are enemies of your investment success." (vanguardblog)
  • Investors hate, hate, hate Sears Holdings ($SHLD). (marketwatch)
  • An inside look at the economy of a fish market. (discoversociety)
  • Getting stuff done. An interview with Phyllis Korrki author of "The Big Thing: How to Complete Your Creative Project Even If You’re a Lazy, Self-Doubting Procrastinator Like Me." (knowledge.wharton.upenn.edu)
  • These Legendary Movie Props Are Up For Auction (bloomberg)
  • Corporate execs DGAF about Brexit (Bloomberg)
  • What should replace the annual performance review. (knowledge.wharton.upenn.edu)
  • The rise of the superstars: A small group of giant companies are once again dominating the global economy. Is that a good or a bad thing?&#xA0 (economist)
  • One-year MBA programs are attracting more applicants. (wsj)
  • How to add a robo-service to your RIA practice. (mebfaber)
  • How Apple ($AAPL) uses design as branding. (daringfireball)
  • Larry Ellison of Oracle ($ORCL) took a shot at Amazon’s ($AMZN) AWS. (businessinsider)
  • Bill Belichick always inverts when making a game plan. (thewaiterspad)
  • Is the value premium disappearing? Ben Carlson investigates! (A Wealth of Common Sense)
  • Did Leon Cooperman commit insider trading? The question is complicated… (bloomberg)
  • Momentum beats growth. (systematicrelativestrength)
  • CTAs had a rough August. (bloomberg)
  • It’s Not Too Late to Fix Fox News (nytimes)
  • Harvard Is in an Unusual Spot: Back of the (Investment) Class (wsj)
  • Brad’s still TCB (PageSix)
  • Couples need to have some money secrets. (bloomberg)
  • How Large is Election’s Impact on Stocks? 35 presidential terms answer the question (barrons)
  • How much should you allocate to alternatives? (alphabaskets)
  • Buying on Stock-Market Dips Is Logical (morningstar)
  • Weekly initial unemployment claims are at record lows. (calculatedriskblog)
  • Why you should open your finance-related mail. (thebillfold)
  • The stock market is overvalued but not expensive. (alephblog)
  • Eight brutal truths about retirement. (randomroger)
  • The danger of turning a target-date fund into an endowment-type fund. (beta.morningstar)
  • MBA programs are seeing falling applications. (ft)
  • What it’s like to have aphasia. (features.wearemel)
  • The IPO business is slow, slow, slow… (wsj)
  • Risk-tolerance questionnaires are just he worst. (kitces)
  • Big stock buybacks are not dead! Microsoft ($MSFT) announces a $40 billion buyback. (wsj)
  • Three spending rules in retirement. (vanguardblog)
  • Amazon Eats the Department Store (bloomberg)
  • How investors use (and abuse) smart beta strategies. (bpsandpieces)
  • Small investors can pick up some yield in Uncle Sam’s savings bonds. (blogs.wsj)
  • Your guide to every Federal Reserve meeting. (fmdcapital)
  • What one financial concept does everyone need to know? (behaviorgap)
  • Apple’s WatchOS re-boot works. (recode)
  • Markets and Pundits Have a Data-Point Fixation (bloomberg)
  • You are not ready for the "Rich Kids of Singapore" Instagram feed (Daily Mail)
  • Economic professors have it too good. (bloomberg)
  • Treating franchisees as customer: behind the turnaround at Popeye’s ($PLKI). (hbr)
  • The Truth About Streaming: It Pays Labels A Lot, They Don’t Pay Musicians (social.techcrunch)
  • V-bottoms are killing the market-timer crowd (Price Action Lab)
  • Congrats to my friend Eddy Elfenbein on the Crossing Wall Street ETF launch (PR Newswire)
  • What if the US dollar reverses? (marketanthropology)
  • Apple ($AAPL) is apparently interested in acquiring supercar maker McLaren. (engadget)
  • Sen. Elizabeth Warren to the CEO of Wells Fargo ($WFC): “Your definition of accountability is to push this on your low-level employees. This is gutless leadership.” (nytimes)
  • The sharing economy is a transitional state. (digitopoly)
  • "More guns in fewer hands" — US study charts rise of hardcore super owners (theguardian)
  •  What Major Music Streaming Services Pay Artists, Visualized (fastcodesign)
  • What’s in your MLP ETF? (bloomberg)
  •  McLaren or not, Apple needs a carmaker partner (recode)
  • What cards a credit card expert carries. (marketwatch)
  • Former pros are good financial coaches for current athletes. (nytimes)
  • Japanese bankers seem to like this new focus on yield-curve targeting (Bloomberg)
  • Why the idea of shareholder maximization is stupid. (blogs.cfainstitute)
  • Why Hollywood is growing wary of Netflix ($NFLX). (hollywoodreporter)
  • The Error the Polling World Rarely Talks About: We Gave Four Good Pollsters the Same Raw Data. They Had Four Different Results (nytimes)
  • Picking money managers is hard. (awealthofcommonsense)
  • Why there’s no urgency for Twitter to get bought by someone else (Tech Trader)
  • How much do parents matter? (theatlantic)
  • Google Trips is a killer travel app for the modern tourist (theverge)
  • Just how organic is your organic pet food? (modernfarmer)
  • The ETF Deathwatch for September 2016. (investwithanedge)
  • Four giant cognitive biases. (qz)
  • Natural gas is breaking out. (ivanhoff)
  • A change in strategy for the BoJ (MoneyBeat)

09/20/16 – Tuesday’s Interest-ing Reads

  • Jefferies source says yes, Icahn was trying to sell shares of Herbalife (Fortune)
  • Silicon Valley VCs pay wicked high rents. (bloomberg)
  • Lost Track of an Old 401(k)? Here’s a Plan to Help You Find Your Money (bloomberg)
  •  The Coming Anti-National Revolution (project-syndicate)
  • The problem that is fad ETFs. (etf)
  • The venture capital firm that wasn’t there. (fortune)
  • Incentives matter: the case of NFL kickoffs. (crossingwallstreet)
  • It’s time to junk the flawed economic models that make the world a dangerous place (Guardian)
  • On the importance of knowing your limitations. (businessinsider)
  • Why Marc Andreessen has a keen interest in old school Hollywood stories (Wired)
  • Mega bond deals are becoming more frequent. (bloomberg)
  • Why does Bill Murray have no friends? (shortlist)
  • Why Do People Who Need Help From
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  • Jefferies source says yes, Icahn was trying to sell shares of Herbalife (Fortune)
  • Silicon Valley VCs pay wicked high rents. (bloomberg)
  • Lost Track of an Old 401(k)? Here’s a Plan to Help You Find Your Money (bloomberg)
  •  The Coming Anti-National Revolution (project-syndicate)
  • The problem that is fad ETFs. (etf)
  • The venture capital firm that wasn’t there. (fortune)
  • Incentives matter: the case of NFL kickoffs. (crossingwallstreet)
  • It’s time to junk the flawed economic models that make the world a dangerous place (Guardian)
  • On the importance of knowing your limitations. (businessinsider)
  • Why Marc Andreessen has a keen interest in old school Hollywood stories (Wired)
  • Mega bond deals are becoming more frequent. (bloomberg)
  • Why does Bill Murray have no friends? (shortlist)
  • Why Do People Who Need Help From the Government Hate It So Much? (nytimes)
  • Price Gouging and the Dangerous New Breed of Pharma Companies (hbr)
  • Some angel investing misnomers. (medium)
  • George H. W. Bush puts conscience and American values over party (Politico)
  • The iPhone’s new chip should worry Intel (theverge)
  • Five pieces of advice from Bill Gurley. (thewaiterspad)
  • JP Morgan ($JPM) just added Todd Combs to its board. (wsj)
  • Venture capital is a drug. (techcrunch)
  • "we have decided to be more direct in calling things out when a candidate actually lies.” (Quartz)
  • Rush to Take Advantage of a Dull iPhone Started Samsung’s Battery Crisis (bloomberg)
  • Allan Roth goes to war against a big lie about fund expenses (Financial Planning)
  • Coming Soon, Economists Hope: Big Spending on Roads, Bridges and Ports (nytimes)
  •  Which Galaxy in the Universe Is the Biggest? (slate)
  • DO NOT MISS Michael Mauboussin on the Patrick O’Shaughnessy podcast, guys. (Investor Field Guide)
  • AngelList is touting the returns from 2013-era syndicates. (angel.co)
  • Uber investors aren’t paying for innovation anymore (qz)
  • Goldman Sachs ($GS) and JP Morgan ($JPM) are pushing hard into ETFs. (bloomberg)
  • Wells Fargo CEO under the Senate’s glare today (Wall Street Journal)
  • Just posted: The Stocktoberfest 2016 schedule. Hope you’re coming out! (Stocktoberfest)
  • How founders with different assets can put together an equity agreement. (vergehq)
  • Overcapacity&#xA0 (macro-man.blogspot.in)
  • With Hillary crumbling, maybe there’s no need for Janet to hike (Bloomberg)
  • Ten things in Warren Buffett’s office. (sparkfin)
  • AngelList is raising institutional money to get through an inevitable "rainy day." (bloomberg)
  • Active management shops need to push forward on a number of fronts to survive. (citywireusa)
  • Why buying stock market dips is logical behavior (Morningstar)
  • My contribution to the "Most Important Charts in the World" on yield-seeking. (businessinsider)
  • This is what foreigners do with a country’s stocks after an authoritarian mad man is elected (MoneyBeat)
  • How Venrock picks investments. (knowledge.wharton.upenn.edu)
  • Five things you NEED to do when you start a company. (medium)

09/19/16 – Monday’s Interest-ing Reads

Read the rest
  • Why active share is an important measure for fund investors. (blog.alphaarchitect)
  • Survivorship bias illustrated. (blog.independenceadvisors)
  • Where Creativity Comes From: Studies of humans and other animals indicate that inventiveness often stems from factors other than need&#xA0 (scientificamerican)
  • Hotel room supply and demand are coming into balance. (calculatedriskblog)
  • El-Erian: Fed Meeting Shouldn’t Obscure Bank of Japan’s Big Moment (bloomberg)
  • Active managers exposed as most US equity funds lag behind market (ft)
  • Homebuilder confidence rose in September. (calculatedriskblog)
  •  22 lessons from Stephen King on how to be a great writer (businessinsider)
  • Peer-to-peer lending companies don’t fully understand what they are doing. (bloomberg)
  • How Regulation Failed with Wells Fargo (newyorker)
  • The three questions facing the Fed. (nytimes)
  • Americans are flipping homes again. (businessinsider)
  • Hedge fund Horseman Capital puts on a "lonely" short bet on consumer staples (ValueWalk)
  • Gavyn Davies, "The BoJ is clearly in a fix." (blogs.ft)
  • Small allocations to alternatives are bound to fail. (longboardfunds)
  • This is historically one of the worst week’s for the stock market. (quantifiableedges)
  • How our online obsession has changed our brains…for the worse. (nymag)
  • Lessons from the greatest bubble of all-time. (awealthofcommonsense)
  • Facebook Is Debunking One of the Key Bear Arguments (Bloomberg)
  • There’s a NY / NJ terror cell planting bombs all over the place. Happy Monday. (CNN)
  • Is there evidence of ‘gut feelings’ for traders? (nytimes)
  • Congrats on publishing the worst investment advice of all time: (DealBook)
  • Where Has the Trend Gone? An Update on Momentum Returns in the U.S. Stock Market (etf)
  • Is there really a value effect? (dualmomentum)
  • Not all that much has changed on Wall Street in the past 10 years. (howardlindzon)
  • Why do people hate the media so much? (marginalrevolution)
  • Value investing can undergo extended periods of underperformance. (blog.alphaarchitect)
  • Algorithmic traders have a tendency to overfit the data. (iijournals)
  • NYC bombing suspect ID’d as naturalized Afghan immingrant (NYDN)
  • Myopic loss aversion as an explanation of the equity risk premium puzzle. (fieldexperiments-papers.s3.amazonaws)
  • Penta Millionaires: The New Rising Class (barrons)
  • Fewer of the world’s entrepreneurs say they need Silicon Valley anymore. That’s a problem (qz)
  • The case for momentum strategies as a tail-risk strategy. (etf)
  • Private investors are pushing into the commercial real estate debt space. (bloomberg)
  • Domestic assets were the best performers last week. (capitalspectator)
  • Transportation will change more in the next 5 years than in the last 50 years (Medium)

09/18/16 – Sunday’s Interest-ing Reads

  • The economic schedule for the coming week. (calculatedriskblog)
  • Why everyone’s buying Apple ($AAPL) stock. (time)
  • How to invest in the face of a ‘bear steepening.’ (dashofinsight)
  • The best way to break old habits is to create new ones. (traderfeed.blogspot)
  • Vanguard is attracting assets on the active side as well. (bloomberg)
  • There is no perfect valuation metric including EBITDA. (investingcaffeine)
  • Low vol ETFs have been big asset gainers in 2016. (ft)
  • The app Music.ly skews young, really young. (nytimes)
  • The case for energy stocks. (businessinsider)
  • What would your job look like if you ‘got rid of the boring.’ (collaborativefund)
  • How the PureFunds ISE Cyber Security ETF ($HACK) attracted $1.4 billion in assets in less than a year. (bloomberg)
  • A succinct summary of the week’s economic events.
Read the rest
  • The economic schedule for the coming week. (calculatedriskblog)
  • Why everyone’s buying Apple ($AAPL) stock. (time)
  • How to invest in the face of a ‘bear steepening.’ (dashofinsight)
  • The best way to break old habits is to create new ones. (traderfeed.blogspot)
  • Vanguard is attracting assets on the active side as well. (bloomberg)
  • There is no perfect valuation metric including EBITDA. (investingcaffeine)
  • Low vol ETFs have been big asset gainers in 2016. (ft)
  • The app Music.ly skews young, really young. (nytimes)
  • The case for energy stocks. (businessinsider)
  • What would your job look like if you ‘got rid of the boring.’ (collaborativefund)
  • How the PureFunds ISE Cyber Security ETF ($HACK) attracted $1.4 billion in assets in less than a year. (bloomberg)
  • A succinct summary of the week’s economic events. (ritholtz)
  • A dozen lessons learned from Howard Marks’ "The Most Important Thing." (25iq)
  • What CEOs had to say about the economy this week. (avondaleam)
  • Nilay Patel, "The iPhone 7 and 7 Plus are deeply unusual devices." (theverge)

09/17/16 – Saturday’s Interest-ing Reads

  • Does it pay to start off at a community college? (wsj)
  • Can Chipotle ($CMG) turn things around? (businessinsider)
  • Lithium batteries and airplanes are a dangerous mix. (nytimes)
  • The future of Uber is self-driving cars. (recode)
  • Youth soccer is getting more aggressive. (nytimes)
  • Daily fantasy sports has changed a lot in the last year. (finance.yahoo)
  • Focus on improvement not the goal. (bigthink)
  • No Driver? Bring It On. How Pittsburgh Became Uber’s Testing Ground (nytimes)
  • What to eat while you’re sick. (newscientist)
  • What 10 traits Harvard looks for in MBA students. (finance.yahoo)
  • Cup o’ Noodles is changing its recipe. (latimes)
  • 10 things kids should know before going to college. (vox)
  • Tips on raising gifted children. (bigthink)
  • Self-published books have taken a ton of share from the Big
Read the rest
  • Does it pay to start off at a community college? (wsj)
  • Can Chipotle ($CMG) turn things around? (businessinsider)
  • Lithium batteries and airplanes are a dangerous mix. (nytimes)
  • The future of Uber is self-driving cars. (recode)
  • Youth soccer is getting more aggressive. (nytimes)
  • Daily fantasy sports has changed a lot in the last year. (finance.yahoo)
  • Focus on improvement not the goal. (bigthink)
  • No Driver? Bring It On. How Pittsburgh Became Uber’s Testing Ground (nytimes)
  • What to eat while you’re sick. (newscientist)
  • What 10 traits Harvard looks for in MBA students. (finance.yahoo)
  • Cup o’ Noodles is changing its recipe. (latimes)
  • 10 things kids should know before going to college. (vox)
  • Tips on raising gifted children. (bigthink)
  • Self-published books have taken a ton of share from the Big Five publishers. (bloomberg)
  • Get the flu shot this year people! (wsj)
  • There may soon be a blood test for chronic fatigue syndrome. (economist)
  • The Grubmeister: Why the future of food is will involve eating bugs (vqronline)
  • China is losing its taste for beer. (bloomberg)
  • Ford ($F) is making a serious push to be a ‘mobility company.’ (recode)
  • 10 words you should look for on your under-$20 bottle of wine. (businessinsider)
  • Why adolescents don’t like to answer "How was school today?" (nytimes)
  • What’s it like to ride in a self-driving Uber. (businessinsider)
  • How to Tell If You’re a Jerk: If you think everyone around you is terrible, the joke may be on you. (nautil.us)
  • What an outsourced college essay looks like. (wsj)
  • Women are fantastic long-distance swimmers. (nymag)
  • Fish mislabeling is a worldwide problem. (blogs.scientificamerican)
  • Paris is turning its central highway into a park. (slate)
  • Can the Chevy Bolt compete with the Tesla Model 3? (businessinsider)
  • Flight attendants hate flying to this country. (qz)
  • Don’t underestimate the disruptive effects of wind and solar on traditional power. (bloomberg)
  • Steve Buscemi is the best. (good.is)
  • How to make the perfect Negroni. (wsj)
  • Pittsburgh is ‘cool’ but it is still losing population. (bloomberg)
  • Amazon ($AMZN) has transformed the college book store. (nytimes)
  • The people of Gander, Newfoundland are awesome. (mentalfloss)
  • Amazon ($AMZN) is now producing white Echos and Echo Dots with new capabilities. (sixcolors)
  • Why are horseshoe crabs dying? (qz)
  • How the Sugar Industry Shifted Blame to Fat (nytimes)
  • How the sugar industry has distorted health science for more than 50 years (vox)
  • Why fidgeting is good for your health. (nytimes)
  • Active monitoring is a viable strategy for men with early-stage prostate cancer. (scientificamerican)
  • Millennials hate paying for TV. (recode)
  • Was Netflix’s ($NFLX) Bloodline a failure? (vulture)
  • Amazon Employee #1: A conversation with Shel Kaphan, Amazon’s first employee.&#xA0 (themacro)
  • Can football ever be made safe? (theringer)
  • Pork just keeps on getting cheaper. (managed-futures-blog.attaincapital)
  • How hospitals are battling MRSA. (wsj)
  • Drone racing on TV? Sure, why not. (bloomberg)
  • Not every mistake needs to be fixed. (m.signalvnoise)
  • Vanilla is in short supply. (scientificamerican)
  • How Texas keeps out tens of thousands of children out of special education (houstonchronicle)
  • Bob Gilruth, the Quiet Force Behind Apollo (airspacemag)
  • This is America’s most innovative craft brewer. (bloomberg)