07/23/17 – Sunday’s Interest-ing Reads

  • Technology is accelerating the rise (and fall) of companies. (recode)
  • The 105 Best Movies on Netflix Right Now: July 2017 (dailydot)
  • Can the the tech giants be stopped? (wsj)
  • Authors are increasingly adopting gender-neutral names. (wsj)
  • Inside the American Ultimate Disc League the country’s premier professional Ultimate Frisbee organization. (melmagazine)
  • "MLPs exist because of the tax code." (sl-advisors)
  • The truth about recycling is pretty complicated. (newscientist)
  • Scaramucci Has a Showman’s Knack for Self-Promotion (nytimes)
  • Google Glass 2.0 is here and it doesn’t suck. (wired)
  • Router companies are trying to sell you security-focused subscriptions. (theverge)
  • The case for Costco ($COST) stock in here. (barrons)
  • Swimming has joined the analytics revolution. (wsj)
  • Companies like Kroger ($KR) are issuing debt to shore up underfunded pension plans. (barrons)
  • Early
Read the rest
  • Technology is accelerating the rise (and fall) of companies. (recode)
  • The 105 Best Movies on Netflix Right Now: July 2017 (dailydot)
  • Can the the tech giants be stopped? (wsj)
  • Authors are increasingly adopting gender-neutral names. (wsj)
  • Inside the American Ultimate Disc League the country’s premier professional Ultimate Frisbee organization. (melmagazine)
  • "MLPs exist because of the tax code." (sl-advisors)
  • The truth about recycling is pretty complicated. (newscientist)
  • Scaramucci Has a Showman’s Knack for Self-Promotion (nytimes)
  • Google Glass 2.0 is here and it doesn’t suck. (wired)
  • Router companies are trying to sell you security-focused subscriptions. (theverge)
  • The case for Costco ($COST) stock in here. (barrons)
  • Swimming has joined the analytics revolution. (wsj)
  • Companies like Kroger ($KR) are issuing debt to shore up underfunded pension plans. (barrons)
  • Early dogs were hypersocial wolves. (newscientist)
  • What Is the iPhone? 10 Years In, Its Creators and Chroniclers Explain (motherboard.vice)
  • Do you live in a taco town or a burrito city? (priceonomics)
  • The economic schedule for the coming week. (calculatedriskblog)
  • How Artsy finally convinced galleries to sell art online (theverge)
  • Mark Rzepczynski, "There is a trade-off between the benefits from scale through risk management, research, execution, and business cost savings against the costs of liquidity management. There will be a point where the added net return from scale is outweighed by the performance drag from liquidity shortages." (mrzepczynski.blogspot)
  • Some good advice for Snap ($SNAP): don’t do what Twitter ($TWTR) did. (vanityfair)
  • A succinct summary of the week’s economic events. (ritholtz)
  • The Charts Turn Friendly to the Treasury Market Bulls (bloomberg)
  • Fog lights are going by the wayside in new cars. (nytimes)
  • Craft brewers are increasingly coming around the idea of having their own (local) facility. (nytimes)
  • The five coolest outdoor music venues. (pastemagazine)
  • How absentee (foreign) owners wreck neighborhoods. (nytimes)
  • Do Financial Advisers Want to Rip Off Small Investors? (theintercept)
  • California is awash is solar energy. (ft)
  • Should you feed your kid probiotics? (nautil.us)
  • Inside Jeffrey Katzenberg’s Plan to Revolutionize Entertainment on Mobile Screens (variety)
  • What does a $426 flight across the Atlantic get you these days? (nytimes)
  • Every major US stock index is breaking out. (jlfmi.tumblr)
  • How ‘pressure’ could help relieve anxiety. (qz)
  • Hollywood is listening to podcast for new script ideas. (wired)
  • Paperwork matters: why some student loans may get wiped out by courts. (nytimes)
  • Why aren’t students showing up for college? (npr)
  • China is spending big time to become a soccer power. (bloomberg)
  • Entrepreneurs Have Long Been Proving Prominent Experts Wrong (fee)
  • Private school is off the table for middle class Americans. (bloomberg)
  • More food company consolidation as McCormick & Co. buys French’s mustard and Frank’s RedHot sauce, among other brands. (fortune)
  • Do probiotics do anything for healthy people? (scientificamerican)
  • Meal kit customers quit because of price. (businessinsider)
  • Don’t Tinker With NAFTA, Get To Work on Fixing It (nytimes)
  • People don’t work out even if you pay them. (blogs.wsj)
  • The rich are different than the rest of us and it has nothing to do with money. (medium)
  • Why Starbucks ($SBUX) is pushing cold brew. (qz)
  • Antibiotic-resistant gonorrhea is a growing problem worldwide. (pastemagazine)
  • What does it mean to be a center in today’s NBA? (sbnation)
  • Spend less time watching the markets. (humbledollar)
  • Mainline churches in America are emptying out. (vox)
  • Do not force quit iOS apps. (daringfireball)
  • What Amazon’s ($AMZN) new meal kits look like. (businessinsider)
  • What CEOs had to say about the economy this week. (avondaleam)
  • While Russian Stocks Look Cheap, That’s Not Whole Picture (marketwatch)
  • Two tips to deal with picky eaters. (artofmanliness)
  • Why you should read every day. (medium)
  • Chipotle’s Troubles Show Markets, Not Governments, Keep Us Safe (investors)
  • Many have tried, all have failed. Can anybody take down Bloomberg LP? (institutionalinvestor)
  • What its like when a professional phisher comes after you. (wired)
  • Why kids need to be exposed to MORE germs, not fewer. (npr)
  • The history of mayonnaise. (bloomberg)
  • Why Wise People Have Dedicated Retirement Accounts (usatoday)
  • Apple ($AAPL) is blogging about its AI work. (theverge)
  • Automakers are lining up to get involved in Formula E. (finance.yahoo)
  • Random Market Thoughts As Mid-Summer Weekend Arrives (bloomberg)
  • On the myth of drug expiration dates. (propublica)
  • The peloton is a big petri dish full of germs. (wsj)
  • Why would you buy a minivan other than the Honda Odyssey? (businessinsider)
  • Rising auto fatality rates are likely a function of distracted, i.e. texting, driving. (ft)
  • Lyft is going to develop its own autonomous driving technology. (axios)
  • On the benefits of shortening your eating window during the day. (fivethirtyeight)
  • Hotels are making late cancellations more difficult and expensive. (nytimes)
  • America is running low on bacon. (wsj)
  • Dogs just love us humans. (theverge)
  • Quality matters when in investing in microcaps. (factorinvestor)
  • Big, Economy-Enhancing Ideas from Laffer and Forbes (realclearmarkets)
  • Can an app help treat depression? (wsj)
  • As professions go, financial planning, is still in its nascent stages. (kitces)
  • Ending DREAMER Immigration Would Harm the U.S. Economy (fortune)
  • The developing world is catching up to the developed world. (ft)
  • Surgery is one heck of a placebo. (fivethirtyeight)
  • Why there is cheese freaking everywhere. (bloomberg)
  • Not everyone from Harvard ends up a "somebody." (financialsamurai)
  • Retirement Tips for Millennials Care of Vanguard’s 401(k) Report (investors)
  • Supreme Court’s Junior Justice Has to Run the Cafeteria. Don’t Eat There (wsj)
  • Upside wants you to book your air travel and hotel at the same time. (wsj)
  • The secret history of the banking crisis: Accounts leave out the story of the secretive deals between banks that kept the show on the road. (prospectmagazine.co.uk)
  • The second generation eero is still good but it is competing in a crowded field. (businessinsider)
  • Video games can help kids deal with ADHD and anxiety. (wsj)
  • Single-family homes are increasingly owned by corporations who rent them out. (wsj)
  •  What’s It Really Like To Work In A Prison Goat Milk Farm? We Asked Inmates (npr)
  • Why you should never eat food on a plane. (bloomberg)
  • Kids need time to "goof off" in-between periods of learning. (theatlantic)
  • Autonomous vehicles will kill the short-haul flight. (techcrunch)

07/21/17 – Friday’s Interest-ing Reads

  • White House scaling back its corporate tax cut ambitions. Hope you didn’t sell your soul for this. (New York Times)
  • Vote for Ugly (newyorker)
  • Blackstone Group ($BX) is remarkable for its consistency. (bloomberg)
  • Tech stocks are on fire. IBM ($IBM) is not. (ft)
  • Contentment is not the enemy. (feld)
  • The Upside and Downside of Liquidity-Driven Markets (bloomberg)
  • Manhattan, all to ourselves. (polloplayer.wordpress)
  • Here’s the Reason Vanguard’s Jack Bogle Doesn’t Fly First Class (marketwatch)
  • A talk with Steven Levy about rock ‘n roll and technology. (longform)
  • Do Public Universities Favor the Upper Middle Class? (thefiscaltimes)
  • Amazon ($AMZN) is now going to stock Kenmore appliances. (buzzfeed)
  • Research on how VCs make decisions. (medium)
  • Critics of "Made in America" Show How Out of Touch They Are (usatoday)
  • Amazon
Read the rest
  • White House scaling back its corporate tax cut ambitions. Hope you didn’t sell your soul for this. (New York Times)
  • Vote for Ugly (newyorker)
  • Blackstone Group ($BX) is remarkable for its consistency. (bloomberg)
  • Tech stocks are on fire. IBM ($IBM) is not. (ft)
  • Contentment is not the enemy. (feld)
  • The Upside and Downside of Liquidity-Driven Markets (bloomberg)
  • Manhattan, all to ourselves. (polloplayer.wordpress)
  • Here’s the Reason Vanguard’s Jack Bogle Doesn’t Fly First Class (marketwatch)
  • A talk with Steven Levy about rock ‘n roll and technology. (longform)
  • Do Public Universities Favor the Upper Middle Class? (thefiscaltimes)
  • Amazon ($AMZN) is now going to stock Kenmore appliances. (buzzfeed)
  • Research on how VCs make decisions. (medium)
  • Critics of "Made in America" Show How Out of Touch They Are (usatoday)
  • Amazon Prime and Other Subscription Businesses: How Do You Value a Subscriber? (25iq)
  • How Investors Can Play Defense (wsj)
  • You Probably Don’t Have What It Takes to Beat Market (marketwatch)
  • Once an Aspiration, It’s Now Official: Jay-Z Is a Real Businessman (newyorker)
  • A talk with Carl Richards about what he is doing in New Zealand. (advicereinvented)
  • The Next Iteration Of The Dark Web (ft)
  • Betterment just raised money at a $800 million valuation. (bloomberg)
  • Jason Zweig: Why I hate adverbs (Jason Zweig)
  • Brett McKay talks with Jonathan Clements about how to think about money. (artofmanliness)
  • Beware the False Promises of ‘Faux’ Privatization (spectator)
  • Changing demographics are helping to drive interest in ESG-style investing. (institutionalinvestor)
  • Is a Growing Middle Class Good for Poor? (brookings)
  • How today’s bull markets are different than prior ones. (macromon.wordpress)
  • Dirty & Difficult: Why Oilfield Work Doesn’t Thrill Millennials (oilprice)
  • The Fed Balance Sheet & the Taper Tantrum That Ain’t (Yet) (pimco)
  • Can you use computational biology to beat the market? (bloomberg)
  • Stop Talking About Your Generation: Millennials and boomers grew up under very different economic conditions (bloomberg)
  • Elon Musk Gets Approval for 29-Minute D.C. to NYC Hyperloop (usatoday)
  • Many workers are at-risk of seeing their pensions slashed. (cbsnews)
  • Michael Covel talks with Jimmy Soni and Rob Goodman authors of “A Mind at Play: How Claude Shannon Invented the Information Age.” (trendfollowingradio)
  • Barry Ritholtz talks with Ed Thorp author of "A Man for All Markets." (ritholtz)
  • Lyft’s opportunity is now. (fortune)
  • Goldman’s ($GS) 450 or so partners own just 4.8% of the firm today. (wsj)
  • It’s never too late to get started. (fundersandfounders)
  • The Man Who Got Americans to Eat Trash Fish Is Now a Billionaire (bloomberg)
  • Evidence-based investing is still in its infancy in France. (evidenceinvestor.co.uk)
  • Deficits Are Evidence of Drift & Indecision (investors)
  • Some guidelines on how to make working from home work for your firm. (fundersclub)
  • Don’t Fall for the Biggest Misconception About FAANG Stocks (marketwatch)
  • A breakdown of Beyonce’s revenue shows how little musicians make from streaming (qz)
  • Atul Gawande on Priorities, Big and Small (medium)
  • Here’s the True Definition of a Recession — It’s Not About GDP (mises)
  • The global economy is showing signs of picking up speed. (scottgrannis.blogspot)
  • Patrick O’Shaughnessy talks with Rishi Ganti, who invests in what he calls "esoteric assets." (investorfieldguide)
  • George Pearkes talks with Herb Greenberg about financial journalism and writing financial research. (bespokepremium)
  • Making the argument for the index fund as a great, modern invention. (bbc.co.uk)
  • A Surging American Export (themoneyillusion)
  • What Do Interest Rates Have to Do With Stock-Market Returns? (realclearmarkets)
  • Potential output estimates are pretty much worthless. (ftalphaville.ft)
  • Goldman Sachs On Hiring Spree to Become Google of Wall Street (businessinsider)
  • The problem with drones: the buzzing. (qz)
  • Stock-Brokerage Industry Enters the Twilight Years (Bloomberg View)
  • Wealthy Retirees Stick With Stocks, And They’re Happy (forbes)
  • Wall Street Opens Its Wallet to Prep for Post-Volcker Era (bloomberg)
  • Have managed futures gone mainstream? (rcmalternatives)
  • How SurveyMonkey has moved foward after the passing of CEO Dave Goldberg. (fastcompany)
  • A Fight Against Robots Is a Fight Against Wealth (realclearmarkets)
  • Why target-date funds should hold some venture capital. (beta.morningstar)
  • The risk facing prime malls. (ft)
  • How quants calm the markets (Wall Street Journal)
  • When is Deutsche Bank NOT in the eye of the storm? (New York Times)
  • Meb Faber talks with Ron Lieber author of "The Opposite of Spoiled" about how we should talk to our kids about money. (mebfaber)
  • The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five (hbr)
  • ‘Downtown’ Josh Brown Just Bought Bitcoin –> Tipping Point? (marketwatch)
  • What the Media Will Describe As QE Doesn’t Make It So (realclearmarkets)
  • Investors feel like they can’t not put money into alternative assets. (ft)
  • Unreformed Stock Picker: Without A Boss, Bill Miller Is Betting On Amazon, Bitcoin And Bob Dylan (forbes)
  • What would happen if Netflix ($NFLX) cracked down on password sharing? (qz)
  • Fintech means different things to different constituencies. (visualcapitalist)
  • Compulsive Central Banks May Trigger Global Recession (janushenderson)
  • Markets are pretty simple at the moment. (bclund)
  • How Liberals Can Win Americans Left Behind in New Economy (newrepublic)
  • For as long as I live I will never understand why people are paying for this (Institutional Investor)
  • Media consolidation is full on. You can thank John Malone for much of it. (nytimes)
  • The Single Biggest Market Risk Now? 21 Questions With Jesse Felder (hedgeye)
  • A discussion with Derek Thompson author of "The Hit Makers" about addiction and virality. (a16z)
  • Netflix ($NFLX) now recognizes that each show it makes needs to garner a decent audience. (qz)
  • China: The Xi Dynasty’s Debt Extravaganza (yardeni)
  • Why Malcolm Gladwell has embraced podcasting. (poynter)
  • How Twitter ($TWTR) fuels anxiety. (theatlantic)
  • Brett McKay talks with Robert Moor author of the book "On Trails: An Exploration." (artofmanliness)
  • Russ Roberts talks with Tamar Haspel about the economics of food. (econtalk)
  • What To Do If Your Defined Benefit Pension Plan Is Frozen (usatoday)
  • Netflix ($NFLX) has been very effective in producing shows people want to watch. (ft)
  • Succession planning in investment partnerships require transparency and time. (avc)
  • Over 10 years, Martha Stewart has quietly become the perfect blogger (theverge)
  • Can a musical podcast change the genre? (wired)
  • It’s cheaper to launch a startup in Chicago than in other major cities. (inc)
  • Why good people leave large tech companies. (steveblank)
  • A three-step framework for growth leadership. (firstround)
  • What’s Still Unloved? (blogspot)
  • You know it’s not going well when hedge fund managers out here doing sponsored tweets (New York Post)
  • A discussion with Erik Brynjolfsson, Andrew McAfee co-authors of "Machine, Platform, Crowd." (a16z)
  • American Homes Are Now More Valuable Than Ever (cnbc)
  • Weekly initial unemployment claims are still trending at historically low levels. (calculatedriskblog)
  • Don’t Buy False Hype: Retirement Contributions Never Higher (forbes)
  • On the emotional, geographical and musical divides between country music and rock and roll. (revisionisthistory)
  • Short Sellers Give Up as Stocks Run to New Records (Wall Street Journal)
  • Buy (or sell) $100 of digital coins on Coinbase and get $10 in Bitcoin free! (coinbase)
  • A list of the S&P 500 companies with the biggest pension funding gaps. (bloomberg)
  • When It Comes To Investing, It’s Important to Trust but Verify (forbes)
  • How is Venmo going to make money? (theatlantic)
  • Defusing the Most Volatile Issue In the U.S./China Relationship (realclear)
  • Starting a company is cheaper than ever. Growing a company is more expensive. (andrewchen.co)
  • Some of Ben Carlson’s favorite podcasts. (awealthofcommonsense)
  • Toward a Private Flood Insurance System (realclear)
  • Eleven mistakes one founder made, and lived to talk about. (medium)
  • Podcasts are great, but are they a business? (hunterwalk)
  • CBO’s Budget Projections Worse Than Useless (fee)
  • I like Bill Miller, this story is great (Forbes)
  • Why Dollar Weakness May Have Gone Too Far (marketwatch)
  • The Bull Market We Love to Hate Still Has Legs (barrons)
  • More companies are "freezing" their pension plans in place. (usatoday)
  • Return on equity in corporate America is really low. (ritholtz)
  • New York Becomes the City That Never Shuts Up (nytimes)
  • Residential Construction Rebounded Smartly in June (realclear)
  • David Perell talks with Morgan Housel about pretty much everyhting. (perell)
  • Don’t be fooled by hindsight bias, Netflix’s ($NFLX) success was never certain. (pensionpartners)
  • Bitcoin may have reached a tipping point, now that ‘Downtown’ Josh Brown just invested (MarketWatch)
  • Should America’s Powerful Tech Giants Be Broken Up? (bloomberg)
  • The Unemployment Rate Is the Most Worthless Measure of All (realclearmarkets)
  • The Limits of ‘Made in America’ Economics (theatlantic)
  • The Twenty Most In Demand Jobs That Pay More than $100k (usatoday)
  • The Most Important Lessons from History’s Greatest Inventors (fee)
  • Organizations don’t value time for thinking. (ft)
  • The Rise and Fall of F. Lee Bailey: More than 20 years ago, Bailey helped Simpson beat murder charges. Now, with Simpson paroled, the bankrupt, disbarred Bailey opens up about his own incredible saga. (townandcountrymag)
  • Cardiff Garcia talks with Tim Harford about his new book "50 Things that Made the Modern Economy." (ftalphaville.ft)
  • David Beckworth talks with Ryan Cooper about the ongoing hangover from the great financial crisis. (soundcloud)
  • The Airports Of the Year 2040 Are Going to Be Amazing (bloomberg)
  • Can the Most Expensive Indie Movie Ever Break Even? (wsj)
  • Shedding Red Tape Is the Key to a Successful Infrastructure Policy (nationalreview)
  • $4 Trillion Nightmare Looming Over Pension Funds (hedgeye)
  • It’s easy to overthink things in markets. (theirrelevantinvestor)
  • This Is the Only Way OPEC Can Kill U.S. Shale (oilprice)
  • Major indexes haven’t gone a calendar year without a pullback of at least 5% in at least 30 years (wsj)
  • Lawbreaking Particles May Point to a Previously Unknown Force in the Universe (scientificamerican)
  • Anthony is a good dude. Glad to see him get his White House wish fulfilled (NBC News)
  • There is always a handful of stocks dominating the market. (awealthofcommonsense)
  • Wal-Mart ($WMT) is not rolling over and playing dead. (l2inc)
  • It’s okay to get help with things. (nickgrossman.is)
  • When Washington Snoozes, The Economy Wins Big (investors)
  • Wall Street is thinking about Apple ($AAPL) as more than just the ‘iPhone company.’ (aboveavalon)
  • Microsoft absolutely on fire (Axios)
  • Being an entrepreneur is a lonely business. (feld)
  • The easy money is being made, enjoy it while it lasts. (Irrelevant Investor)
  • Bitcoin Community Cheers as Miners Back New Scaling Framework (Bloomberg)
  • That 1970’s Show: Britain Back to Being the Sick Man of Europe? (economist)
  • Amazon Slips: FTC Investigating Allegation of ‘Deceptive Discounting,’ Says Reuters (Barron’s)
  • 10 High Quality Stocks That Play Defense (morningstar)

07/19/17 – Wednesday’s Interest-ing Reads

  • Iran Dominates in Iraq After U.S. "Handed the Country Over" (nytimes)
  • Roger Federer: Brilliant Advice on How to Be Extraordinary (inc)
  • What if we replaced K-12 teachers with robots? (Bloomberg View)
  • Why Best Buy ($BBY) has not succumbed to Amazon. (latimes)
  • Free Markets Are Revolutionary, Liberating and Democratic (fee)
  • Bank of America beats estimates as higher rates boost revenue (Reuters)
  • Why Stocks Will Likely Top Out In the Next Three Weeks (marketwatch)
  • Foreigners Are Snapping Up Record Number of U.S. Homes (cnbc)
  • Hey Government, Time to Get Serious (realclear)
  • ‘Lost Year’: Investors Should Brace Themselves for Tumult (marketwatch)
  • As U.S. pulls back from world, Canada steps up to fill the gap (csmonitor)
  • The broker exodus from wirehouse firms picks up speed (Wall Street Journal)
  • Big
Read the rest

07/18/17 – Tuesday’s Interest-ing Reads

  • Stock Market Bulls Are Wrong and It Could End Badly (thestreet)
  • Why Do Certain Cities Become Unaffordable? (project-syndicate)
  • Magic: Students Owing $5B of Debt Might Suddenly Owe Zilch (qz)
  • No, Constitution’s All About Protecting the Individual (washingtontimes)
  • All Signs Point to a Cyclical Slowdown in Inflation (bloomberg)
  • NAHB homebuilder confidence fell in July. (calculatedriskblog)
  • What you need to know about the coming sector changes in indices (ETF.com)
  • 7 Habits That Help Your Kids Become Rich And Successful (forbes)
  • Index funds are not a panacea in a bear market. (pragcap)
  • Why Best Buy ($BBY) has not succumbed to Amazon. (latimes)
  • Google ($GOOGL) is the most vulnerable FANG stock. (fortune)
  • Expat Retirees Enjoy Life Reminiscent of an Earlier Time (marketwatch)
  • Bossless Bill Miller Is Betting On Amazon,
Read the rest
  • Stock Market Bulls Are Wrong and It Could End Badly (thestreet)
  • Why Do Certain Cities Become Unaffordable? (project-syndicate)
  • Magic: Students Owing $5B of Debt Might Suddenly Owe Zilch (qz)
  • No, Constitution’s All About Protecting the Individual (washingtontimes)
  • All Signs Point to a Cyclical Slowdown in Inflation (bloomberg)
  • NAHB homebuilder confidence fell in July. (calculatedriskblog)
  • What you need to know about the coming sector changes in indices (ETF.com)
  • 7 Habits That Help Your Kids Become Rich And Successful (forbes)
  • Index funds are not a panacea in a bear market. (pragcap)
  • Why Best Buy ($BBY) has not succumbed to Amazon. (latimes)
  • Google ($GOOGL) is the most vulnerable FANG stock. (fortune)
  • Expat Retirees Enjoy Life Reminiscent of an Earlier Time (marketwatch)
  • Bossless Bill Miller Is Betting On Amazon, Bitcoin & Bob Dylan (forbes)
  • For Climate-Change Hypocrites, U.S. Too Frackin’ Much (investors)
  • Crypto Conundrum: What To Do With $230 Million (ft)
  • Low Interest Rate Rationale Assumes Lots of Constants (hussmanfunds)
  • David Swensen’s op-ed shreds the rebate system, says all investors being ripped off (New York Times)
  • 16 Things You Must Believe to Buy the "Witch Hunt" Russia Narrative (nationalreview)
  • Are New York Taxis Really Such a Bad Investment? (newyorker)
  • Do You Need $1,000,000 to Retire? Maybe. (fool)
  • Millennials ruining everything? It’s an age-old accusation (bostonglobe)
  • Why Canada Is Able to Do Things Better (theatlantic)
  • Volatility is not enough for the success of managed future strategies. (mrzepczynski.blogspot)
  • Are we mis-estimating the risk of distressed stocks? (papers.ssrn)
  • This Hampton Creek shitshow is unreal (New York Times)
  • Finance professionals default at a lower rate on their mortgages. (papers.ssrn)
  • Fund managers are learning the downside of using machine learning to invest. (wsj)
  • Trend-following strategies have underperformed since the financial crisis. (priceactionlab)
  • A fund takeover that actually results in lower fees. (investmentnews)
  • Delta vs. Ann Coulter: Why This Brouhaha Is a Big Deal (cnn)
  •  Vanguard Scales Heights, But It’s Hard to Stay There (bloomberg)
  • The Quiet Demise of Austerity (project-syndicate)
  • Jamie Dimon Is Right to Raise the Alarm (bloomberg)
  • Worried About Economy? A Few Easy Clicks Can Solve That (usatoday)
  • Netflix smashes expectations, led by huge growth overseas (Bloomberg)
  • Sexual harassment in tech: Women tell their stories (money.cnn)
  • Prime brokers throw liquidating funds to the wolves. (dealbreaker)
  • Ten ways to jump start a job search. (blogs.cfainstitute)
  • The challenge Apple ($AAPL) faces whenever they launch a new iPhone: cool technology vs. capacity. (macworld)
  • Do team-managed funds exhibit less overconfidence? (citywireusa)
  • Wealth Advisers Set Up Shop With a Shared Back Office (nytimes)
  • If It’s About Health Insurance, That’s the Easy Part (nationalreview)
  • The Financial Adviser Summer Checklist (riskalyze)
  • The Cost of a Hot CA Economy: A Severe Housing Crisis (nytimes)
  • With Everyone Dismissing Brick & Mortar, It’s Time to Buy It (mauldineconomics)
  • Why Stocks Will Likely Top Out In the Next Three Weeks (marketwatch)
  • "Low volatility is different than cheap volatility." (barrons)
  • How Working at an Olive Garden Can Make You a Great Chef One Day (bloomberg)
  • Too many use the CAPE ratio without really understanding it. (etf)
  • Tight labor markets make hiring for government more difficult. (bloomberg)
  • Bosses set the work ethic for their companies. Don’t ping people on the weekend if you don’t want them to be on 24/7. (medium)
  • Why you should surround yourself with people smarter than you. (thewaiterspad)
  • Some Evidence That Amazon Ravaged Retail Industry (nypost)
  • Why momentum is the least loved anomaly. (dualmomentum)
  • Subprime auto loans are increasingly going into default. (bloomberg)
  • Industrial Metals Signal A Longer Bull Market (barrons)
  • What if we replaced K-12 teachers with robots? (Bloomberg View)
  • Emerging market cycles can run more than just a year or so. (markdow.tumblr)
  • The Argument Predicting Recession Doesn’t Add Up (marketwatch)
  • Why Sprint is talking to Warren Buffett (Barron’s)
  • The Economy Is Still All About — Who Else? — Boomers (usatoday)
  • Is Market Volume/Breadth Aligned w/Bullish Case? (ciovaccocapital)
  • On the negative relationship between fund size and performance. (papers.ssrn)
  • The Single Biggest Market Risk? An In-Depth Interview with Josh Crumb (hedgeye)
  • Iran Dominates in Iraq After U.S. "Handed the Country Over" (nytimes)
  • Why Stocks Can Shrug Off Volatility In the Bond Market (bloomberg)
  • Foreigners Are Snapping Up Record Number of U.S. Homes (cnbc)
  • How the Rich & Poor Divide Has Undermined the Constitution (newrepublic)
  • Bank of America beats estimates as higher rates boost revenue (Reuters)
  • "No matter what stage you are at in your financial life, risk will always be relative to your personal situation." (Of Dollars and Data)
  • Goldman’s quarter: Trading activity non-existent (ZeroHedge)
  • Dollar Drop: Time to Shift to International Bonds? Maybe Not (schwab)
  • Don’t Get Sucked In by the Rally in Agriculture Commodities (Bloomberg View)
  • Is the Economic Situation Really All That Different This Time? (alhambrapartners)
  • Millennials are being held back from home ownership by student loans. (bloomberg)
  • Economy Is Finally Back, But Where’s the Joy? (sandiegouniontribune)
  • The breakeven level of AUM is rising for hedge funds. (mrzepczynski.blogspot)
  • 50% of America Has Buyer’s Remorse About Their House (cnbc)
  • Why Amazon’s ($AMZN) Alexa IS a big deal. (medium)
  • Lottery stocks suck. (blog.alphaarchitect)
  • In Urban China, Hardly Anyone Is Using Cash Anymore (nytimes)
  • Chipotle: The Rise and Fall of a Wall Street Darling (investopedia)
  • CA Still Faces Pension Crisis Even with Good Stock Returns (reason)
  • Why analyst coverage matters. (blog.alphaarchitect)
  • Who should sit on your investment committee? (vanguardinstitutionalblog)
  • Can infrastructure investing deliver? (blogs.cfainstitute)
  • Roger Federer: Brilliant Advice on How to Be Extraordinary (inc)

07/17/17 – Monday’s Interest-ing Reads

Read the rest
  • Cliff Asness out here firing more shots at Rob Arnott (AQR)
  • The Other 496 S&P Stocks (Wall Street Journal)
  • Where is that sustained rise in inflation the Fed was looking for? (ft)
  • San Francisco’s VC Boom Is Over (Bloomberg)
  • Emerging markets are beginning to outperform. (thereformedbroker)
  • Don’t overlook your life while you are working hard. (bothsidesofthetable)
  • Most Important Habits of the Best Retirement Savers (usatoday)
  • Urban China is practically a cashless society already (New York Times)
  • Janet Yellen Really Has No Idea What She’s Talking About (nypost)
  • Is Aaron Judge The Next Babe Ruth … or will the regression monster get him? (fivethirtyeight)
  • If Tech Execs Act Like Spoiled Brats, Should We Spank Them? (nytimes)
  • The Bubble Cometh (pragcap)
  • Congrats to Barry on three amazing years of Masters in Business! (The Big Picture)
  • What Milton Friedman Got Right, and Wrong, 50 Years Ago (bloomberg)
  • The Stock Market Is Believing the Fed — for Now (nytimes)
  • KKR ($KKR) has set up an explicit succession plan for when founders Henry Kravis and George Roberts exit. (bloomberg)
  • How ETFs could be used to make for better retirement distributions. (pionline)
  • Charles Schwab ($SCHW) is growing its commission-free list of ETFs. (citywireusa)
  • Moneyball for Dead Celebs: This $5 Billion Business Sells Elvis and Michael Jackson&#xA0 (bloomberg)
  • The Man Who Rates Credit for ‘Inventing’ Internet (washingtontimes)
  • Fred Wilson on the bitcoin boom/bust (A VC)
  • The Slave Economy Was Anti-Capitalistic (fee)
  • Love this profile of my friends at Barstool Media – they’re crushing it! (Forbes)
  • Americans’ Confidence in Economy Remains at Low for Year (gallup)
  • Fed Is Doing Good Work, Policy Problems Are Elsewhere (cnbc)
  • Emerging markets break above a ten-year downtrend (TRB)
  • How to structure ‘refundable’ performance-based fees. (institutionalinvestor)
  • Worried About Economy? A Few Easy Clicks Can Solve That (pressreader)
  • Last week was a good week in the global capital markets, especially in the emerging markets. (capitalspectator)
  • What Robert Mueller Learned From Enron (nytimes)
  • No tech company dominates video…yet. (ben-evans)
  • Why you dismiss negative feedback. (m.signalvnoise)
  • The fundamentals of fundamental indexation. (beta.morningstar)
  • Income Inequality Will Even Survive the Nuclear Apocalypse (newrepublic)
  • State Street ($STT) is closing 19 international ETFs. (etf)
  • We are not prepared for the next recession. (thefiscaltimes)
  • The how and why of portfolio rebalancing. (beta.morningstar)
  • Blackrock ($BLK) is growing AUM and revenue but profits are suffering. (wsj)
  • Nelson Peltz wants a seat on P&G’s ($PG) board. (wsj)
  • How did ESPN blow it in digital? (cnbc)
  • How Fake News Goes Viral — Here’s the Math (scientificamerican)
  • Is Upper Middle Truly Hoarding American Dream? (realclearmarkets)
  • Tick, Tick, Tick: For Active Funds, It’s Time to Adapt (or Die) (news.morningstar)
  • Big weighting differences in emerging market ETFs (etf)
  • The Fed is at-risk of making a policy mistake (businessinsider)
  • Charles Schwab ($SCHW) is launching its first new ETF since 2013. (bloomberg)
  • The Fed’s Notion of Normalcy Is Hardly What You’d Call Normal (bloomberg)
  • BlackRock Finds Being the Amazon.com of ETFs Is Tough on Revenue (Bloomberg)
  • Not all CTAs are alike. (mrzepczynski.blogspot)
  • The smart beta bond ETF space is getting crowded. (institutionalinvestor)
  • Private equity funds rarely go to zero: this one did. (wsj)
  • CICC just bought a majority stake in KraneShares. (etf)
  • A Somewhat Soft End to the 2nd Quarter (realclear)
  • Four lessons from Stoicism on how to be better liked. (bakadesuyo)
  • The Fed Has Lost Control (wordpress)
  • The ETF Deathwatch for June 2017. (investwithanedge)

07/16/17 – Sunday’s Interest-ing Reads

  • Cannondale-Drapac is competing (well) in the Tour de France on a relative shoestring. (businessinsider)
  • Against The Gold Standard? That’s Not Quite Ivy League (forbes)
  • Good (and bad) investments play out over time. (investingcaffeine)
  • Why business leaders need to read more science fiction. (hbr)
  • The Honda Ridgeline pickup truck is making inroads against domestic competition. (bloomberg)
  • Generosity increases happiness. (nature)
  • Smishing is the new phishing. (fortune)
  • Germans are eating a lot less pork these days. (bloomberg)
  • 12 ways to get labeled as a financial rube. (humbledollar)
  • It’s nearly impossible to "slice and dice" Apple’s ($AAPL) results. (asymco)
  • Why medicine just can’t seem to crack the issue of chronic fatigue syndrome. (newyorker)
  • Liberal arts majors are at a historical low. (blogs.wsj)
  • How managers pay for research is
Read the rest
  • Cannondale-Drapac is competing (well) in the Tour de France on a relative shoestring. (businessinsider)
  • Against The Gold Standard? That’s Not Quite Ivy League (forbes)
  • Good (and bad) investments play out over time. (investingcaffeine)
  • Why business leaders need to read more science fiction. (hbr)
  • The Honda Ridgeline pickup truck is making inroads against domestic competition. (bloomberg)
  • Generosity increases happiness. (nature)
  • Smishing is the new phishing. (fortune)
  • Germans are eating a lot less pork these days. (bloomberg)
  • 12 ways to get labeled as a financial rube. (humbledollar)
  • It’s nearly impossible to "slice and dice" Apple’s ($AAPL) results. (asymco)
  • Why medicine just can’t seem to crack the issue of chronic fatigue syndrome. (newyorker)
  • Liberal arts majors are at a historical low. (blogs.wsj)
  • How managers pay for research is going to change forever. (barrons)
  • Who’s going to clean out all these robo-taxis? (bloomberg)
  • Spring ($S) is looking kind of desperate. (wsj)
  • The feature film continues to get minimized. (wsj)
  • Why Apple ($AAPL) has a leg up in augmented reality (AR). (bloomberg)
  • What’s holding Haim back from being a truly great band? (theringer)
  • Amazon Monopoly Game Will Take Forever to Play Out (reuters)
  • What happened when Wal-Mart left (theguardian)
  • More evidence that drinking coffee will help you live longer. (latimes)
  • The American broadband market is not competitive. (theverge)
  • Why butter prices are so high. (ft)
  • Are diets just placebos? (slate)
  • The case for a tech-led market bubble. (l2inc)
  • Uber Offers a Thankless Job, and the Applications Flood In (nytimes)
  • Geoffrey Fowler, "Tovala turns out superfast, consistent restaurant-quality meals, making it the first connected kitchen device with real mass appeal." (wsj)
  • Idaho does not want you to switch jobs. (nytimes)
  • We will ever understand how AI actually works? (ft)
  • The Disastrous Fyre Festival May Have Wrecked It for Everyone (bloomberg)
  • Andrew Lo on piecing together the Adaptive Markets Hypothesis. (evonomics)
  • On the parallels between investing and driving well. (stockcharts)
  • The case against chiropractors. (theoutline)
  • It’s hard to see how things turn out well for the publicly traded movie theater companies. (barrons)
  • P&G ($PG) wants to kill your bugs. (wsj)
  • Nevada’s new legal weed market is a mess. (news.vice)
  • A better diet can really improve your longevity. (statnews)
  • How summer vacation took hold in the US. (bloomberg)
  • How innovative are you as a trader? (traderfeed.blogspot.ca)
  • A stadium with really reasonable concessions prices. (businessinsider)
  • Big Oil Just Woke Up to Threat of Rising Electric Cars (bloomberg)
  • How much flooding it too much for a metro area? (bloomberg)
  • Tilson Bought These 2 Stocks After Buffett Explained Why He Didn’t (yahoo)
  • A succinct summary of the week’s economic events. (ritholtz)
  • Lending was frowned upon for much of history. What changed? (aeon.co)
  • Watch out Wolverines! Ann Arbor is a bustling hub for testing self-driving cars. (nytimes)
  • Where’s the Next Bubble Forming in Markets? (barrons)
  • Seven steps to building better habits. (bakadesuyo)
  • What Causes a Crash, And Are We Heading for Another? (co)
  • A Man in a Hurry: Claude Shannon’s New York Years: By day, Claude Shannon labored on top-secret war projects at Bell Labs. By night, he worked out the details of information theory&#xA0 (spectrum.ieee)
  • Meet the Manager Willing to Give Investors Back Their Fees (institutionalinvestor)
  • Computer scientists are running out of games to compete with humans. (fivethirtyeight)
  • Harvard is closing down sororities and fraternities. (qz)
  • What Goes Up: The Jerry Foster Story (epicmagazine)
  • Another reason why you need a purpose in life: better sleep. (telegraph.co.uk)
  • Volvo is introducing more autonomous technology into semi-trucks. (theverge)
  • The Floating City (chinaheritage)
  • Amazon ($AMZN) Prime Day has got nothing on Alibaba’s ($BABA) Singles Day. (visualcapitalist)
  • Don’t underestimate Amazon’s ($AMZN) move into wine. (l2inc)
  • What science says about the happiness boost from experiences vs. stuff. (newscientist)
  • A bowling lane is not a perfectly uniform surface. (vox)
  • SoundCloud sinks as leaks say layoffs buy little time (social.techcrunch)
  • Even smart companies, like Costco ($COST), can’t seem to get share repurchases correct. (brontecapital.blogspot)
  • Low Inflation Data Could Alter the Fed’s Balance-Sheet Plans (bloomberg)
  • The Tesla ($TSLA) Model 3 has gotten passed by since its initial announcement. (businessinsider)
  • Microsoft wants to bring broadband internet to rural Americans. (money.cnn)
  • A Stock Market for Physical Things Could Change Everything (qz)
  • The streaming wars are all about your kids. (qz)
  • Should industrial distribution firms fear Amazon ($AMZN)? (bloomberg)
  • Extreme heat will make air travel even less comfortable. (theverge)
  • Netflix ($NFLX) is an Emmy machine. (theverge)
  • Why men remarry faster than women. (melmagazine)
  • Why the maxims of Baltasar Gracián are still relevant today. (artofmanliness)
  • The DryShips ($DRYS) saga is even weirder than you think. (wsj)
  • Two-factor authentication was supposed to solve the security issue. Now its a mess. (theverge)
  • Is Senate’s Revised Health-Care Proposal a Good Bill? Will It Pass? (economist)
  • American honeybees have an in-breeding problem. (npr)
  • "When you think about micro cap, think of a revolving door where firms are constantly entering and leaving for different reasons." (factorinvestor)
  • The best stand-up specials of 2017, so far. (slate)
  • Why you can’t stop messaging. (medium)
  • Why big budget movies are running so damn long. (theringer)
  • What GLOW gets right about pro wrestling. (slate)
  • The Potential Death of SoundCloud Should Scare Music Lovers (nymag)
  • Jeff Carter, "What if CME were to convert the trading permits to an ICO?" (pointsandfigures)
  • It Really Is Different This Time for the Stock Market (marketwatch)
  • A three-step process for self-compassion. (qz)
  • Wolfram|Alpha is the new way to cheat in college. (wired)
  • It’s not possible to create a business model in ’12 easy steps.’ (25iq)
  • How does holding kids back a year affect their performance? (npr)
  • The 10 Worst States In America to Live In (cnbc)
  • It’s Up to Corporate America to Keep the Market Rally Going (cnbc)
  • What would an Earth ‘too hot for humans’ look like? (nymag)
  • Why cell towers show up on school grounds. (npr)
  • The economic schedule for the coming week. (calculatedriskblog)
  • What CEOs had to say about the economy this week. (avondaleam)
  • Overwatch is modeling its new league on traditional geographic-based sports leagues. (techcrunch)
  • Why Italians don’t drink cappuccinos after Noon. (npr)
  • How technical analysis is akin to becoming a sommelier. (allstarcharts)
  • How Mike and the Mad Dog helped create modern sports talk radio. (thedailybeast)
  • Feedback is out there about your company, you just have to listen. (heleo)
  • Your personality changes a great deal from age 14 to 77. (qz)
  • "So, are we really witnessing a migration from active to passive, or just a migration from passive to cheaper passive?" (blog.knowledgeleaderscapital)
  • English majors regret their decision. (moneyish)
  • A less volatile housing market makes for a less volatile economy. (bloomberg)
  • Hedge fund of funds need to "evolve or evaporate." (wsj)

07/14/17 – Friday’s Interest-ing Reads

  • Patrick O’Shaughnessy talks with Jerry Neumann about power laws and VC. (investorfieldguide)
  • Policy Mistakes and Global Conflict Loom as Market Risks (realclear)
  • Are Facebook and Google the New Monopolies? (bloomberg)
  • Stock Market Tsunami Siren Sounds a False Alarm? (blogspot)
  • Meb Faber talks with Jack Vogel co-author of "Quantitative Momentum." (mebfaber)
  • There’s No Money In Monetary Policy at the Moment (realclearmarkets)
  • Apple Is Bullying Stock Market Investors (marketwatch)
  • How Tyler Cowen gets so much writing done. (writingroutines)
  • As a Guru, Ayn Rand May Have Limits. Ask Travis Kalanick. (nytimes)
  • Joe Weisenthal and Tracy Alloway talk with Joe Peta, a former Lehman Brothers trader, and the author of "Trading Bases." (bloomberg)
  • Can Japanese bloggers help combat high fund fees? (reuters)
  • "India-focused hedge funds were up 24% in
Read the rest
  • Patrick O’Shaughnessy talks with Jerry Neumann about power laws and VC. (investorfieldguide)
  • Policy Mistakes and Global Conflict Loom as Market Risks (realclear)
  • Are Facebook and Google the New Monopolies? (bloomberg)
  • Stock Market Tsunami Siren Sounds a False Alarm? (blogspot)
  • Meb Faber talks with Jack Vogel co-author of "Quantitative Momentum." (mebfaber)
  • There’s No Money In Monetary Policy at the Moment (realclearmarkets)
  • Apple Is Bullying Stock Market Investors (marketwatch)
  • How Tyler Cowen gets so much writing done. (writingroutines)
  • As a Guru, Ayn Rand May Have Limits. Ask Travis Kalanick. (nytimes)
  • Joe Weisenthal and Tracy Alloway talk with Joe Peta, a former Lehman Brothers trader, and the author of "Trading Bases." (bloomberg)
  • Can Japanese bloggers help combat high fund fees? (reuters)
  • "India-focused hedge funds were up 24% in the first half, according to Hedge Fund Research Inc., better than funds focused on any other single strategy or country." (wsj)
  • You Want to Keep Your Brain Sharp? Delay Your Retirement (marketwatch)
  • Brian Koppelman talks R.E.M. with Alton Brown. (slate)
  • What does a ‘trading edge’ look like? (seeitmarket)
  • 9 Simple Ways To Make More Money In Your Current Job (forbes)
  • Low-vol stocks are having a bad Summer. (capitalspectator)
  • A Disturbing Trend Of Deterioration (knowledgeleaderscapital)
  • People Saying There’s a Bubble in ETFs Are Making Little Sense (bloomberg)
  • A Really Sweet Retirement Club Paid for by You, but Not for You (realclearinvestigations)
  • Michael Covel talks with Prof. Andrew Lo is author of “Adaptive Markets: Financial Evolution at the Speed of Thought.” (trendfollowingradio)
  • Jordan Harbinger talks with David Buss about his book "The Evolution of Desire: Strategies of Human Mating." (theartofcharm)
  • Big Mac Index: The Dollar Still Looks Dear (economist)
  • What is Liberty Global Latin America ($LILAK) and why is John Malone buying more of it? (sumzero)
  • Happy Birthday to Jack Kemp, A True Agent of Econ. Change (forbes)
  • Khe Hy talks with Srinivas Rao author of "Unmistakable: Why Only Is Better Than Best." (radreads.co)
  • Too Crowded? Nine Stocks Investors Love Too Much (investopedia)
  • Elizabeth Warren Begs Janet Yellen to Go After Wells Fargo (cnn)
  • Harry Stebbings talks with Kim Scott author of "Radical Candor." (thetwentyminutevc)
  • Podcast pros listen to episodes at 2-3x. (wsj)
  • It’s not great being David Einhorn these days. (wsj)
  • Roku is coming public. (wsj)
  • Brett McKay talks with Steve Hinshaw author of "The ADHD Explosion." (artofmanliness)
  • Barry Ritholtz talks with Duff McDonald author of "The Golden Passport" about the influence of HBS and McKinsey. (ritholtz)
  • Yes, Virginia, You Can Reduce Taxes and Deficits at the Same Time (investors)
  • ‘Living Drug’ That Fights Cancer By Harnessing Immune System Clears Key Hurdle (npr)
  • Ten rules for catching a bottom. (theirrelevantinvestor)
  •  F.D.A. Panel Recommends Approval for Gene-Altering Leukemia Treatment (nytimes)
  • Podchaser, an “IMDb for podcasts,” is trying to improve podcast discovery. (niemanlab)
  • This Is Nuts. When’s The Crash? (ft)
  • On the negative effects of fund flows and performance. (institutionalinvestor)
  • It’s a Dangerous Time to Be a Bad Chief Executive (wapo)
  • Crisis In Connecticut: Another Corporate Giant Flees (cnbc)
  • Speculating on Where the Real Market Froth Resides (schwab)
  • Mr. Fries Man reveals a world of home chef entrepreneurs (marketplace)
  • Philip Cross, "Canada learned nothing from recent hard lessons in the U.S. and Europe." (business.financialpost)
  • Social Security’s Finances Are Out, and They Look Very Sick (forbes)
  • Sam Harris talks with Kevin Kelly author of "The Inevitable" about AI. (samharris)
  • New S.E.C. Chairman Pledges to Look After Ordinary Investors (nytimes)
  • What Robert Mueller Learned From His Prosecution of Enron (nytimes)
  • Ted Seides talks with Tom Russo of Gardner Russo & Gardner about value investing. (capitalallocatorspodcast)
  • Big Airlines Look to Bring Protectionism to the Skies (reason)
  • ETFs and Mutual Funds Square Off in the Post-Fiduciary-Rule World (wsj)
  • A Good Place for Bad People to Stash Their Money (theatlantic)
  • Rooftop Solar Is No Match for Crony Capitalism (bloomberg)
  • What We Learned Yesterday When Yellen Came to the House (arcdigital)
  • Abolition of the Senate’s Byrd Rule Is Long Overdue (realclearmarkets)
  • New Lloyd, Same Goldman (bloomberg)
  • Money, blockchains, and social scalability (unenumerated.blogspot)
  • Three things Warren Buffett did to become a great persuader. (inc)
  • The iPhone 8 rumor season is in full bloom. (daringfireball)
  • These are the best science podcasts. (popsci)
  • Vanguard is the Amazon ($AMZN) of asset management. (silverlightinvest)
  • Where your Twitter ($TWTR) trolls like a badge of honor. (thefelderreport)
  • Chemical stocks are kickin *ss. (allstarcharts)
  • The Major Wildcard That Could Send Oil To $120 (oilprice)
  • The index fund as a great modern invention. (evidenceinvestor.co.uk)
  • Warren Buffett doesn’t care for hedge fund managers…except for his own. (fool)

07/13/17 – Thursday’s Interest-ing Reads

  • A Great Story That Will Cure You of ‘Guaranteed’ Income Support (realclearmarkets)
  • Spotify’s margins keep shrinking. (cnbc)
  • Another Signal the Bull Market Is Far From Over: Dow Transports’ breakout is latest sign rally is broadening out beyond hot tech leaders. (barrons)
  • The best books to read on entrepreneurship (fivebooks)
  • Low volatility is a global phenomenon. (capitalspectator)
  • Paul Singer May Get Warren Buffett to Punch Back (bloomberg)
  • The most popular products around the world on Amazon ($AMZN) Prime Day. (qz)
  • How Jawbone burned through $900 million in funding. (reuters)
  • India’s weaknesses as a tech hub. (qz)
  • East Germany: Sad Lesson About ‘Self-Sufficient’ Economies (realclearmarkets)
  • Elizabeth Warren Crosses Line of Reason Against Neomi Rao (forbes)
  • There is a "civil war" going on in Bitcoin land. (bloomberg)
  • Gauging
Read the rest

07/11/17 – Tuesday’s Interest-ing Reads

  • The Russian stock market is having a rough go this year. (zerohedge)
  • Should we judge cryptocurrencies against other classic asset bubbles? (schwab)
  • Three Things I’ve Learned Since The Crisis (pragcap)
  •  Cosmic rays suggest dark matter is a self-annihilating WIMP (arstechnica)
  • Detroit’s Urgent Embrace of Self-Driving Cars, Silicon Valley (newyorker)
  • There Be Zombies Among Us (ft)
  • New Estimate Puts Supernova Killzone Within 50 Light-Years of Earth (universetoday)
  • You’re using volatility signals all wrong. (bloomberg)
  • Five tips for smarter ETF investing. (wsj)
  • Social Security Budget Nightmare Must Be Resolved Now (cnbc)
  • Nick, "The beauty of compound interest is that it continues to behave fractally with each piece of interest eventually earning its own interest." (ofdollarsanddata)
  • MLB is now full of guys throughout the lineup willing to ‘take
Read the rest
  • The Russian stock market is having a rough go this year. (zerohedge)
  • Should we judge cryptocurrencies against other classic asset bubbles? (schwab)
  • Three Things I’ve Learned Since The Crisis (pragcap)
  •  Cosmic rays suggest dark matter is a self-annihilating WIMP (arstechnica)
  • Detroit’s Urgent Embrace of Self-Driving Cars, Silicon Valley (newyorker)
  • There Be Zombies Among Us (ft)
  • New Estimate Puts Supernova Killzone Within 50 Light-Years of Earth (universetoday)
  • You’re using volatility signals all wrong. (bloomberg)
  • Five tips for smarter ETF investing. (wsj)
  • Social Security Budget Nightmare Must Be Resolved Now (cnbc)
  • Nick, "The beauty of compound interest is that it continues to behave fractally with each piece of interest eventually earning its own interest." (ofdollarsanddata)
  • MLB is now full of guys throughout the lineup willing to ‘take some hacks.’ (nytimes)
  • Just because a market is high doesn’t mean it will implode. (mrzepczynski.blogspot)
  • Brandless is trying to cut out the middleman for consumer products. (wsj)
  • Forget Stereotypes: Real Reasons Millennials Are Stuck (forbes)
  • Buy Happiness? Spend on Pets and People (Not Prada) (marketwatch)
  • Crude Oil Is The New Widowmaker (wordpress)
  • Big Change in Financial Market Sentiment May Be Upon Us (hedgeye)
  • How high SG&A predicts future returns. (barrons)
  • The sentiment against brick-and-mortar retail is universally negative. (thereformedbroker)
  • Floyd Mayweather can’t pay the IRS until after his fight with McGregor (ESPN)
  • Fredric Bastiat Comes to Mind As Solar Firms Seek Bailouts (realclearmarkets)
  • Five Financial Mistakes That Can Doom Your Future (cnn)
  • Noah Smith: Passive Investing Might Not Be Great for Growth (Bloomberg View)
  • Arithmetic of GDP Growth Isn’t About to Change (hussmanfunds)
  • Why We Can’t Leave Health Care to the Free Market (nytimes)
  • Follow RWM on Twitter! It’ll be fun, I promise! (Twitter)
  • The Federal Reserve Has Put Markets in Survival Mode (bloomberg)
  • Cairo, IL, The Fed, And the Soviet Folly Of ‘Market Monetarism’ (forbes)
  • The One Thing That Silicon Valley Can’t Seem to Fix (nytimes)
  • June Unemployment Report: Good News, Bad News, Fake News (nypost)
  • ‘Perfect’ Stock Market Says Sell Now Before Storm (investopedia)
  • Risk, return, and skill in the portfolios of the wealthy (voxeu)
  • How Healthy is the Global Financial System? (project-syndicate)
  • When Equities Are Stretched, Hello Volatility My Old Friend (realclearmarkets)
  • Four Lessons from Bobby Bonilla’s Multimillion-Dollar Deal (marketwatch)
  • Amazon Prime is set to have more users than cable. (recode)
  • How the Qatar Crisis Shook Up the World’s Supply of Helium (theatlantic)
  • Stock analyst recommendations don’t take known anomalies into account. (blog.alphaarchitect)
  • Lucky Break Leads to Controversial Supernova Discovery (quantamagazine)
  •  It’s time for Wall Street to dump the Dow (businessinsider)
  • The Robots Are Coming…Err…Here (wordpress)
  • Why The Dow Jones Industrial Average Is Underrated (allstarcharts)
  • Morgan Stanley slashes its SNAP target from 28 to 16. Imagine there are people investing on this stuff? (CNBC)
  • Working Past 70: Americans Can’t Seem to Retire (bloomberg)
  • Why Amazon Stock Could Be the Best Deal on Prime Day (fortune)
  • Amazon ($AMZN) is building its own version of Geek Squad. (recode)
  • When Will Electric Cars Go Mainstream? It May Be Sooner Than You Think (nytimes)
  • Crowdsourcing is taking over Wall Street. (ft)
  • Connections are an important source of alpha for institutional investors. (papers.ssrn)
  • How Did Hamburgers Get So Good? (fee)
  •  Researchers find game-changing helium reserve in Tanzania (cnn)
  • Box Options Exchange LLC hopes to open a new open-outcry trading floor. (pointsandfigures)
  • Adressing the Global Economy: Its Myths and Realities (city-journal)
  • Deflategate 2.0: Big-Spending Viagra and Cialis Are Pulling Out of the NFL (adage)
  • Drones & Passenger Transportation: This Isn’t Too Far Away (forbes)
  • Why Exactly Is the Swiss National Bank Buying U.S. Stocks? (fxstreet)
  • The IQ Enhanced Core Plus Bond U.S. ETF ($AGGP) uses momentum to try and best its benchmark. (wsj)
  • Miles Johnson, "Investors in macro funds should be asking is why they have failed to capitalise sufficiently on arguably the biggest single macro trade of their generation: QE." (ft)
  • Peaceful & Pristine: Residents of Grand Lake Stream have safeguarded thousands of acres of forest. Now they’re fighting for their community’s future.&#xA0 (downeast)
  • The modern economy is putting additional value on non-cognitive skills like " self-confidence, sociability, and leadership." (voxeu)
  • June Jobs Report Contained Payback for May’s Noise (realclear)
  • Just about every asset class fell last week. (capitalspectator)
  • Why you have to measure a target date fund’s exposure not just their holdings. (markovprocesses)
  • Who doesn’t have a multi-factor ETF these days? (barrons)
  • Companies with a woman in a leadership position outperform. (barrons)
  • Companies with an "abnormally large" number of analysts outperform. (gsb.stanford.edu)
  • No, ETFs don’t own 37% of the S&P 500 ($SPX). (etf)
  • When Innovation Is Bad: The EU Takes on Google (spectator)
  • How equities took over asset allocation. (bloomberg)
  • Why the Strong 2017 Muni Performance Likely Won’t Continue (schwab)
  • Bezos, Slim and Buffett Plead Poverty for Their Newspapers (nysun)
  • 2017 Mid-year US Equity Outlook: Rattle and Hum (schwab)
  • Japan Has Entered The Next Phase: Unlimited Money Printing (forbes)
  • Middle Class Fortunes in Western Europe (pewglobal)
  • Two of us: The day Paul McCartney met John Lennon 60 years ago (latimes)
  • Warren Buffett Invests in Canada, Should You? (nytimes)
  • Self-Made Millionaires: Think Twice Before Going to College (cnbc)
  • Mike Lee Sees Boost of Social Capital As Path to Econ. Revival (forbes)
  • Explaining the Source of the Valley’s Political Ineptitude (newrepublic)
  • The Left’s Misleading Claims About Green Jobs (washingtontimes)
  • How to allocate among different alternative risk premia strategies. (allaboutalpha)
  • Transparency has been a hallmark behind the rise of ETFs. (etf)
  • Investors Beware: Bond Prices Are Threatening the Stock Market (Wall Street Journal)
  • Why there really is no failure to deliver problem in ETFs. (citywireusa)
  • What’s driving the global expansion? (ft)
  • What I Believe Most (collaborativefund)
  • JFC with this idiot… (New York Times)
  • Not surprisingly Vanguard is crushing it in Europe now. (ft)
  • An exploration of geometric mean maximization, an alternative to the traditional Sharpe ratio maximization that seeks to maximize the long-term growth rate of a portfolio. (blog.thinknewfound)
  • Track all the major TAA strategies in one place. (allocatesmartly)
  • These Coloradans say Earth is flat. And gravity’s a hoax. Now, they’re being persecuted. (denverpost)
  • Rooftop Solar Dims Under Pressure From Utility Lobbyists (nytimes)
  • Sick of Working for the Man? Follow Clooney Guide to Forbes 400 (usatoday)
  • A Summer Reading List That Could Enhance Investing (marketwatch)
  • On the characteristics of value and growth investors. (etf)
  • Slowing Trend Continues To Slow (knowledgeleaderscapital)
  • Hartford, Hit with Brunt of CT Tax Hike, Hires Bankruptcy Att’y (forbes)
  • Why Simple Beats Complex (A Wealth Of Common Sense)
  • Would you go on a ‘blind date’ with a book? (wsj)
  • Little things can really affect your mood. (ritholtz)
  • Don’t express gratitude in a negotiation. The other side will view you as a sucker. (papers.ssrn)
  • The Decline of Marriage Is Hitting Vegas Hard (bloomberg)
  • Bond Rout! (alhambrapartners)
  • If ACA’s Results Had Been Known, It Never Passes (washingtontimes)
  • Somebody is going to make money off of the re-purposing of America’s malls. (medium)
  • How to write a non-annoying follow-up e-mail. (fastcompany)
  • What Happend To All The Profits? (blogspot)
  • Taxes May Be Certain, but Tax Reform Certainly Is Not (gallup)
  • Robots enter investment banks’ trading floors (ft)
  • Berkshire Hathaway ($BRKA) is now more than ever an operating company. (wsj)
  • How to Beat the Dumb Money With Bank Stocks (Wall Street Journal)
  • Thoughts on Overhyped Seattle Minimum-Wage Disaster (bloomberg)
  • ‘Reciprocity’ Not Necessary for Trade to Enrich Beneficiaries (realclearmarkets)
  • Why you should delete all your piled up e-mails post-vacation. (theladders)
  • Paul SInger takes on Warren Buffett over a pipeline investment (DealBook)
  • Why This Could Be The Best Time For Stock-Picking In A Decade (forbes)
  • Apple Capitalism vs Google Capitalism (theatlantic)
  • Silicon Valley’s Dangerous Political Game (realclear)
  • Earnings talk is irrelevant without some measure of expectations. (thereformedbroker)
  • How the fund, Royalty Pharma, has become a key player in the global pharmaceutical business. (nytimes)
  • Four issues to consider when building a TAA strategy. (blog.thinknewfound)
  • 70% of voice-enabled speakers are from Amazon ($AMZN). (techcrunch)
  • How the opioid epidemic is affecting the overall economy. (cnbc)
  • Low Inflation: It Isn’t Just Transitory Factors (ft)
  • Stocks: Still Fundamentally Good (yardeni)
  • Why your brain sucks at time management. (fastcompany)
  • Sometimes, the Best Investing Advice Is ‘Do Nothing’ (usnews)
  • Backtests are cheap and easy to run: beware. (ft)
  • Thoughts on Various Ways to Make Flying Great Again (nypost)
  •  Oil Up? Oil Down? Blame the Algorithms (wsj)
  • You are what you subscribe to. (sethgodin.typepad)
  • Apple ($AAPL) is losing ground in video. (wsj)
  • How Jeff Bezos built a huge moat around Amazon ($AMZN). (basehitinvesting)
  • How TAA strategies can help provide investors with a ‘safety valve.’ (etf)
  • A better way to make drinks and drugs (economist)
  • Accumulated Unexpected Wealth? Here’s What to Do Next (usatoday)
  • A history of the renminbi. (blogs.cfainstitute)
  • Beware the New Abnormal in Monetary Policy (project-syndicate)
  • Millennials Repeating Dumb Investing Mistakes of Their Parents (marketwatch)
  • How GraniteShares is trying to build a new ETF business starting with commodities. (wsj)
  • Jobs Report: The State of Slowing or Not Slowing (alhambrapartners)
  • Are young men really dropping out of the workforce to play video games? (bloomberg)

07/09/17 – Sunday’s Interest-ing Reads

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