04/12/17 – Wednesday’s Interest-ing Reads

  • Keynesianism As Religion (themoneyillusion)
  • Microsoft ($MSFT) has been buying a boat load of Treasuries. (ftalphaville.ft)
  • If Tesla Is Worth More Than GM, Why Are Taxpayers Subsidizing It? (investors)
  • The Recovery Isn’t Boom or Bust (realclear)
  • Wal-Mart ($WMT) will begin giving customers a discount for picking up items in-store. (recode)
  • My most recent post at the Enterprising Investor: "Keep ETFs Weird." (blogs.cfainstitute)
  • You need to plan for retirement. (humbledollar)
  • How much money do you need at retirement? (awealthofcommonsense)
  • Should We Just Throw In the Towel On the Idea of Retirement? (forbes)
  • The downside of anonymity in finance media. (barrons)
  • Even the Super-Rich Are Worried About Retirement (thefiscaltimes)
  • Amazon ($AMZN) considered buying Whole Foods ($WFM) last year. (bloomberg)
  • Online shoppers are increasingly turning to Amazon ($AMZN) first
Read the rest
  • Keynesianism As Religion (themoneyillusion)
  • Microsoft ($MSFT) has been buying a boat load of Treasuries. (ftalphaville.ft)
  • If Tesla Is Worth More Than GM, Why Are Taxpayers Subsidizing It? (investors)
  • The Recovery Isn’t Boom or Bust (realclear)
  • Wal-Mart ($WMT) will begin giving customers a discount for picking up items in-store. (recode)
  • My most recent post at the Enterprising Investor: "Keep ETFs Weird." (blogs.cfainstitute)
  • You need to plan for retirement. (humbledollar)
  • How much money do you need at retirement? (awealthofcommonsense)
  • Should We Just Throw In the Towel On the Idea of Retirement? (forbes)
  • The downside of anonymity in finance media. (barrons)
  • Even the Super-Rich Are Worried About Retirement (thefiscaltimes)
  • Amazon ($AMZN) considered buying Whole Foods ($WFM) last year. (bloomberg)
  • Online shoppers are increasingly turning to Amazon ($AMZN) first over Google ($GOOGL). (geekwire)
  • Does Roberts Court Really Favor Business Over Little Guy? (libertylawsite)
  • Credit card charge-offs are on the rise. (bloomberg)
  • Wells Fargo & Barclays Reveal Banks Behaving Badly (thefiscaltimes)
  • Does America need greater consumer protections, we’re looking at you United ($UAL). (slate)
  • The Fed’s Risky Interventionism Is Self-Defeating (spectator)
  • Forecasting a Volatility Tsunami (Andrew Thrasher)
  • Bond Market Narratives Quickly Go Wrong These Days (bloomberg)
  • White House on edge as 100-day judgment nears (politi.co)
  • Webinar: What You Ought to Know about Trading VIX & Volatility. Hear from CBOE Director of Education & 3 Hedge Funds Pros on how they approach this new market. (info.rcmalternatives)
  • La-La Land: Tesla Shareholders Putting Petal to the Metal (reuters)
  • At United Airlines and Wells Fargo, toxic corporate culture starts with the CEO (latimes)
  • Five defenses of dividend investing. (monevator)
  • Filing Taxes Could Be Free and Simple. But H&R Block and Intuit Are Still Lobbying Against It. (propublica)
  • Sayonara (New York Post)
  • Found in the wild: Vault7 hacking tools WikiLeaks says come from CIA (arstechnica)
  • Why is the gender gap in asset management so persistent? (marketwatch)
  • It’s ok to have regrets. Just don’t obsess over them. (nytimes)
  • Are Traders Creating a Bizarre New Feedback Loop … Feedback Loop … Feedback Loop? (wsj)
  • Iranian Threats to ‘Dump the Dollar’ Would Only Hurt Iranians (middleeasteye)
  • The Case For James Harden, MVP (fivethirtyeight)
  • San Diego’s Minimum Wage Shocker (reason)
  • How to Explain Econ. Surprise? Blame It On the Weather (realclear)
  • You really don’t have many rights on a commercial airliner. (theatlantic)
  • Even the best strategies, investing or sports betting, go through periods of losses. (dualmomentum)
  • How to put on a better investment conference. (danielsolin)
  • Good luck predicting market reactions to geopolitical events. (bloomberg)
  • You need to the know the difference between the financial advisor you need and want. (fmdcapital)
  • No One Is Noticing This Big Red Stock Market Flag (marketwatch)
  • The danger of being too good at your job. (wsj)
  • Webinar: What You Ought to Know about Trading VIX & Volatility. Hear from CBOE Director of Education & 3 Hedge Funds Pros on how they approach this new market. (info.rcmalternatives)
  • Five tips for a better trip. (humbledollar)
  • Rich cities keep on getting richer. (theatlantic)
  • What’s next for the robo-advisor industry? (blogs.cfainstitute)
  • Here’s What Jamie Dimon, Neel Kashkari Are Really Fighting About (bloomberg)
  • The Federal Reserve and Its $4.2 Trillion Dilemma (realclear)
  • M&A booms lead to goodwill writedowns down the road. (bloomberg)
  • ValueAct is sending money back to investors due to "high valuations." (cnbc)
  • Americans Have Become Lazy. It’s Hurting the Economy (cnn)
  • A look back at five years of early retirement. (financialsamurai)
  • Pentagon Awards Contract To United Airlines To Forcibly Remove Assad (Duffel Blog)
  • How to get the most out of a donor advised fund. (forbes)
  • The Cloudy Economic Outlook (capitalspectator)
  • A beginner’s guide to 401(k) plans. (thesimpledollar)
  • How to tell if you have a bad 401(k) plan. (peterlazaroff)
  • Three seismic shifts underway in wealth management. (t.co)
  • Are American Living Standards Truly Stagnant? (realclearmarkets)
  • The Profound Implications of 5 Increasingly Dominant Tech Companies (hackernoon)
  • An Airline That Assaults Its Customers Is Always Wrong (city-journal)
  • Renters In America Are Staying Put. Here’s the Reason Why (cnbc)
  • Analysis+Communication=Gold. (freezingassets)
  • One Measure Says Investors Have Never Been This Skittish (yahoo)
  • 50 Years After RFK’s Visit, Hunger in America (usatoday)
  • The U.S. Isn’t the Low-Tax Paradise You Think It to Be (bloomberg)
  • Illinois isn’t doing well but Downtown Chicago has been successful at attracting businesses downtown. (wsj)
  • United 3411 and the Flight – Of Everyone Involved – From Reason (nationalreview)
  • An overview of Betterment’s financial planning model. (betterment)

04/11/17 – Tuesday’s Interest-ing Reads

  • Most stocks stink. (beta.morningstar)
  • Investors Stuck In a Self-Reinforcing Echo Chamber (hussmanfunds)
  • Grover Cleveland Offers a Timely Lesson on Free Trade (reuters)
  • The Recipe for Growth & Prosperity Isn’t Obscure (wordpress)
  • On the true value of illiquidity. (papers.ssrn)
  • Howard Lindzon, "The largest S&P companies have become planets." (howardlindzon)
  • United Airlines Shows How to Make a PR Crisis a Total Disaster (cnn)
  • Can foreign stocks continue to outperform this year? (TRB)
  • Tesla Has Something Hotter Than Cars to Sell: Its Story (nytimes)
  • Putting a $1000 price target on Amazon ($AMZN) is no longer a big deal. (wsj)
  • Thanks to 2008, Keynesian Economics Is Getting Hot Again (bloomberg)
  • Activist investors have shifted their focus to mid- and small-caps. (bloomberg)
  • Don’t Expect Automakers to Open New Factories (weeklystandard)
Read the rest

04/10/17 – Monday’s Interest-ing Reads

  • Warnings About National Debt May Understate the Problem (thefiscaltimes)
  • This the new world’s cheapest ETF portfolio. (etf)
  • US College Debt Bubble Is Becoming Dangerous (cnbc)
  • Why There Are So Many Zombie American Buildings Now (nypost)
  • Can you use Twitter sentiment data to trade forex? (bloomberg)
  • Outlook grows dimmer for stock-picking fund managers (latimes)
  • There is now a medical marijuana ETF. (moneybadger.stocktwits)
  • HMC alumni have not done all that great in the real world. (institutionalinvestor)
  • How Stephen Colbert Finally Found His Elusive Groove (nytimes)
  • Couple That Saved $1M to Retire Early Share #1 Saving Tip (cnbc)
  • Taxifornia Does It Again With Biggest Tax Hike Yet (investors)
  • The Four Main Market Implications of Easier Regulations (gsam)
  • This is the year of retail bankruptcies. (businessinsider)
  • Its Tax System
Read the rest
  • Warnings About National Debt May Understate the Problem (thefiscaltimes)
  • This the new world’s cheapest ETF portfolio. (etf)
  • US College Debt Bubble Is Becoming Dangerous (cnbc)
  • Why There Are So Many Zombie American Buildings Now (nypost)
  • Can you use Twitter sentiment data to trade forex? (bloomberg)
  • Outlook grows dimmer for stock-picking fund managers (latimes)
  • There is now a medical marijuana ETF. (moneybadger.stocktwits)
  • HMC alumni have not done all that great in the real world. (institutionalinvestor)
  • How Stephen Colbert Finally Found His Elusive Groove (nytimes)
  • Couple That Saved $1M to Retire Early Share #1 Saving Tip (cnbc)
  • Taxifornia Does It Again With Biggest Tax Hike Yet (investors)
  • The Four Main Market Implications of Easier Regulations (gsam)
  • This is the year of retail bankruptcies. (businessinsider)
  • Its Tax System Actually Unites American People (realclearmarkets)
  •  Stock Analysts’ Biases Are Showing, a Study Finds (wsj)
  • Bonds are oversold. (theatlasinvestor)
  • The Economy May Be Stuck In a Near-Zero World (nytimes)
  • Reflation? 10-Year Treasury Yields May Still Drop to 1% (marketwatch)
  • Investors are not really abusing their ETFs. (marketwatch)
  • The Importance of Tax-Efficient Investing (schwab)
  • Non-transparent ETFs are inching towards approval. (bloomberg)
  • Why total market stock funds make sense. (wsj)
  • Why is the retail meltdown hitting in 2017? (theatlantic)
  • Lumber prices are on the rise. (calculatedriskblog)
  • But the long term picture is still bleak. (blog.thinknewfound)
  • How Government Makes Poor People Even Poorer (washingtontimes)
  • Four reasons why insitutional investors lean towards complex investments. (awealthofcommonsense)
  • Here is the Invest With an Edge 2017 ETF Field Guide. (investwithanedge)
  • The False Promise of the Gig Economy (nytimes)
  • Saudi Arabia Vs. Russia: The Next Oil Price War? (oilprice)
  • How an Unprecedented Heist Hijacked a Bank’s Entire Online Operation (wired)
  • A Foreign Threat to U.S. Treasuries That Dwarfs the Fed’s Debt Hoard (bloomberg)
  • Impressive Market Resilience Shouldn’t Be Taken for Granted (bloomberg)
  • Rich Americans live up to 15 years longer than poor peers, studies find (theguardian)
  • A profile of Dave Pell, internet news impresario. (blog.getrevue.co)
  • Jared Kushner Is More an Economic Populist Than Steve Bannon (nymag)
  • Forget Politics, Earnings Will Drive Stocks Ever Higher (marketwatch)
  • Credit: Approaching A Tipping Point (acting-man)
  • A Gov’t Shutdown Is Not Something for Investors to Fear (marketwatch)
  • Commodities are not a buy-and-hold investment. (wsj)
  • Globalization: It’s a Big Planet (bloomberg)
  • Some Fairly Easy Ways to Boost Retirement Income (usatoday)
  • The iPad Turnaround Is Coming (mondaynote)
  • Breaking Up the Banks Offers a Lot to Like (bloomberg)
  • Seasonal Adjustments Cloud the Latest Unemployment Report (realclear)
  • Common stock investors are "starved for growth." (blog.getrevue.co)
  • Great Debt Unwind: Consumer Bankruptcies Jump (nakedcapitalism)
  • The $26B Woman Whom Men Bet Would Fail (nytimes)
  • Cash isn’t going anywhere yet. (wsj)
  • Spain’s ‘Wasted Generation’ Tells Sad Story of American Error (forbes)
  • Job interviews are pretty much useless. (nytimes)
  • Is Our Social Security Sustainable? Let’s Do The Math (forbes)
  • Dear Tech Bros: It’s not a PR problem at Uber (or Yahoo or any of it) (recode)
  • Just because you can create 3x leveraged crude oil ETFs doesn’t mean you should. (sl-advisors)
  •  David Letterman’s Rock Hall Induction Speech for Pearl Jam Was the Best of the Night (vulture)

04/09/17 – Sunday’s Interest-ing Reads

  • It’s all about earnings. (dashofinsight)
  • The economic schedule for the coming week. (calculatedriskblog)
  • The case for high yield muni bond funds. (barrons)
  • Family offices are getting more love from hedge funds. (bloomberg)
  • CDs are a bit of a free lunch for investors. (obliviousinvestor)
  • Why are hedge funds piling into the banks like JP Morgan Chase ($JPM) now? (brooklyninvestor.blogspot)
  • The real reason traders lose money: In other words, traders lose money BECAUSE they are trading their personalities. (traderfeed.blogspot)
  • The long, ongoing restructuring of GE ($GE) is coming to an end. (bloomberg)
  • Dale Folwell, "We don’t own alternative investments. They own us…I think they increase complexity and reduce value." (bloomberg)
  • Why are analysts always so optimistic about small cap earnings? (blog.tfscapital)
  • Policy asymmetry and the lower bound.
Read the rest

04/08/17 – Saturday’s Interest-ing Reads

  • Can Amazon's Alexa Be Your Friend? (digg)
  • Testosterone boosters don’t really do much. (bigthink)
  • Catch share programs are making fishing more logical. (npr)
  • When it make sense to get an unusual college letter of recommendation. (nytimes)
  • The Fed Is Watching Wall Street and Stock Prices (bloomberg)
  • An in-depth look at the Growth-Trend market timing model from Philosophical Economics. (allocatesmartly)
  • Seven fintech startups to watch. (medium)
  • A dozen things Kanye West understand about business. (25iq)
  • Warehouse automation is a hot growth area. (bloomberg)
  • School districts are having a hard time hiring bus drivers. (wsj)
  • How to avoid value traps. (blog.johnsoninv)
  • Company culture matters. Just look at Steel Dynamics ($STLD). (intelligentfanatics)
  • Americans are obsessively listening to their audiobooks at 2x speed. (qz)
  • 2016 was a record year
Read the rest
  • Can Amazon's Alexa Be Your Friend? (digg)
  • Testosterone boosters don’t really do much. (bigthink)
  • Catch share programs are making fishing more logical. (npr)
  • When it make sense to get an unusual college letter of recommendation. (nytimes)
  • The Fed Is Watching Wall Street and Stock Prices (bloomberg)
  • An in-depth look at the Growth-Trend market timing model from Philosophical Economics. (allocatesmartly)
  • Seven fintech startups to watch. (medium)
  • A dozen things Kanye West understand about business. (25iq)
  • Warehouse automation is a hot growth area. (bloomberg)
  • School districts are having a hard time hiring bus drivers. (wsj)
  • How to avoid value traps. (blog.johnsoninv)
  • Company culture matters. Just look at Steel Dynamics ($STLD). (intelligentfanatics)
  • Americans are obsessively listening to their audiobooks at 2x speed. (qz)
  • 2016 was a record year for renewable energy. (newscientist)
  • Coaches are complaining that youth baseball is failing its players by not teaching the basics. (nytimes)
  • Breaking down the costs of various fast food items. (priceonomics)
  • The case for driving a nice car. (financialsamurai)
  • How to get into your PhD program of choice. (qz)
  • Why We Think We’re Better Investors Than We Are (nytimes)
  • Airlines make more money selling miles than actual seats. (bloomberg)
  • Why is Softbank buying Fortress Investment Group ($FIG). (institutionalinvestor)
  • Where will the Ruthian-Shohei Otani play next? (qz)
  • In praise of investment checklists. (aaii)
  • The Arctic Ocean is becoming more like the Atlantic. (scientificamerican)
  • Want to See How US Is Changing? Property Taxes Hold Answer (marketwatch)
  • Wall Street Is Back. And It Is Bigger Than Ever Before (fortune)
  • J.D. Vance, the False Prophet of Blue America (newrepublic)
  • The Mac Pro lives! (daringfireball)
  • Batting orders are gotten shaken up in baseball. (theringer)
  • Why food tastes better on vacation. (nymag)
  • How Uber Uses Psychological Tricks to Push Its Drivers’ Buttons (nytimes)
  • Tactical Nuclear Option Inside Reconciliation (nationalreview)
  • What we said when the world changed. (collaborativefund)
  • Canadian-listed marijuana companies are investing in the US. (bloomberg)
  • How food trends (gluten-free, anti-sugar and pro-butter) affect producers. (ft)
  • You can now grow vegetables at your condo in Brooklyn. (wsj)
  • Business schools are becoming much more entrepreneur-friendly. (wsj)
  • The music industry has bottomed out revenue-wise. (ft)
  • Audi is buying car rental company Silvercar. (bloomberg)
  • Radiative cooling or how to keep a building cool without air conditioning. (economist)
  • How to Quantify (and Fight) Gerrymandering (quantamagazine)
  • What happens when medical diagnosis gets automated? (newyorker)
  • How David Letterman became a Gen X icon. (vulture)
  • Youtube’s streaming TV service has launched. (theverge)
  • ‘Going Green’ Doesn’t Necessarily Protect Consumers (realclearmarkets)
  • New York City is getting hollowed out. (theatlantic)
  • Trivers' Pursuit: Renegade scientist Robert Trivers is lauded as one of our greatest thinkers — despite irking academia with blunt talk and bad manners&#xA0 (psychologytoday)
  • IPO? Why Spotify Is Considering Listing Without I, P and O (reuters)
  • How Middle-Class America Got Fleeced (bloomberg)
  • The global shortage of US bills is over. (wsj)
  • Millions of Americans Desperate to Work Full-Time (marketwatch)
  • Why we live in an increasingly winner-take-all economy. (jamesclear)
  • Fine dining in a hospital? Why not… (marginalrevolution)
  • Discount carriers are opening up Europe to cheap flights. (wsj)
  • Comparing the various online TV services. (qz)
  • Lies, Damn Lies, and Financial Statistics (bloomberg)
  • Spotify is considering a direct listing on a stock exchange bypassing a traditional IPO. (wsj)
  • The Hippies Have Won (nytimes)
  • Eight personality types you encounter when dating. (theblog.okcupid)
  • In case you wondered how dominant electronic trading had become to the FX markets. (dealbreaker)
  • Are elite colleges worth it? (theatlantic)
  • When kids are able to mow the lawn. (wsj)
  • When Every Day Is "Groundhog Day": Danny Rubin wrote the beloved movie and, 24 years later, the musical. In between, he lived it.&#xA0 (vulture)
  • Gorsuch: How Will Supreme Court Rule On Business Cases? (forbes)
  • An iPad turnaround is coming. (qz)

04/07/17 – Friday’s Interest-ing Reads

  • Jordan Harbinger talks with Scott Harrison of charity:water about the biggest problem in the world. (theartofcharm)
  • Your Six-Figure Salary May Not Be Enough for Retirement (forbes)
  • In Search of the Next Facebook or Alphabet (barrons)
  • This is a big project: how to codify effective behavior change. (freakonomics)
  • Jamie Dimon Finally Sees What Bernanke Never Did (realclearmarkets)
  • Cardiff Garcia talks with Robert Cialdini author of "Pre-suasion: A Revolutionary Way to Influence and Persuade." (ftalphaville.ft)
  • Jake Taylor talks with Sean Iddings co-author of "Intelligent Fanatics Project: How Great Leaders Build Sustainable Businesses." (fivegoodquestions.co)
  • Time to Negotiate a New Econ. Relationship w/China (cato)
  • 6 Good Ways to Lose All Your Money in the Stock Market (fool)
  • Not a Dot-Com Bubble, Not 2007, A Nasty Mix of Both (wsj)
Read the rest
  • Jordan Harbinger talks with Scott Harrison of charity:water about the biggest problem in the world. (theartofcharm)
  • Your Six-Figure Salary May Not Be Enough for Retirement (forbes)
  • In Search of the Next Facebook or Alphabet (barrons)
  • This is a big project: how to codify effective behavior change. (freakonomics)
  • Jamie Dimon Finally Sees What Bernanke Never Did (realclearmarkets)
  • Cardiff Garcia talks with Robert Cialdini author of "Pre-suasion: A Revolutionary Way to Influence and Persuade." (ftalphaville.ft)
  • Jake Taylor talks with Sean Iddings co-author of "Intelligent Fanatics Project: How Great Leaders Build Sustainable Businesses." (fivegoodquestions.co)
  • Time to Negotiate a New Econ. Relationship w/China (cato)
  • 6 Good Ways to Lose All Your Money in the Stock Market (fool)
  • Not a Dot-Com Bubble, Not 2007, A Nasty Mix of Both (wsj)
  • Top Five Trade Issues Investors Should Be Watching (schwab)
  • How Congress Used to Work (politi.co)
  • America’s High Corporate Taxes Make It Smaller Globally (thehill)
  • Why Pepsi’s Kendall Jenner Ad Bombed in the Age of Twitter (fortune)
  • Meb Faber talks with Raoul Pal about the global economy and Real Vision TV. (mebfaber)
  • ‘Bring Back Glass-Steagall’ Sounds Bipartisan. But It Isn’t (bloomberg)
  • 4.5% Unemployment Rate? Here’s the More Realistic Number (cnbc)
  • The Meme Zeitgeist (me.me)
  • US, Canada and Mexico set to submit joint bid to host 2026 World Cup (theguardian)
  • The Chevy Bolt Should Be the World’s First Mainstream Electric Car. There’s One Thing in the Way. (slate)
  • An Infrastructure Bill Is a Washington Fantasy (brookings)
  • Ray Dalio: We May Be Repeating Mistakes of 1930s (businessinsider)
  • Thanks Amazon. Retailers Closing Stores Faster Than Ever (bloomberg)
  • You Need This Much Retirement Savings at Your Age and Income (investors)
  • This Disequilibrium Baloon Filled With Hot, Group Think Air (realclearmarkets)
  • Why It’s Always & Never Different This Time (awealthofcommonsense)
  • Tesla Fans, Barclays Has a Bitter ‘Reality Pill’ For You (marketwatch)
  • Paul Ryan’s Precious Tax Reform Plan Is All But Dead (slate)
  • Brett McKay talks with Scott Sonenshein author of "Stretch: Unlock the Power of Less and Achieve More Than You Ever Imagined." (artofmanliness)
  • With 125 Ph.D.s in 15 Countries, a Quant "Alpha Factory" Hunts for Investing Edge (wsj)
  • Hey, You! Stop Eating My Yard! The rise in popularity of wild vegetation like fiddleheads, mushrooms and seaweed is causing friction between foragers and landowners; "fry it up and eat it." (wsj)
  • What Are Our Stable Money Alternatives to a Gold Standard? (forbes)
  • A Shrinking Fed Balance Sheet & The Bull Market (marketwatch)
  • How Market’s Already Repealing ACA (fee)
  • Kim Scott author of "Radical Candor: Be A Kickass Boss Without Losing Your Humanity" thinks ‘ruinous empathy’ is worse than ‘obnoxious aggression.’ (recode)
  • Missile Strikes on Syria Don’t Justify Crude Oil Concerns (reuters)
  • Best Assets to Own While Waiting for a Downturn (mauldineconomics)
  • Why Can’t Silicon Valley Fix Online Harassment? (nytimes)
  • China’s Banks Are Still in Trouble (bloomberg)
  • A Preview of the March Unemployment Report (commonwealth)
  • Guy Raz talks with Steve Case about the founding of AOL. (npr)
  • Joe Weisenthal and Tracy Alloway talk with Robin Greenwood about how to identify bubbles. (bloomberg)
  • The Security Threat To The Global Economy (economist)
  • Patrick O’Shaughnessy talks with Khe Hy about the changing hedge fund landscape. (investorfieldguide)
  • Order, Chaos & Bubbles In The S&P 500 (blogspot)

04/06/17 – Thursday’s Interest-ing Reads

Read the rest
  •  Highest Minimum-Wage State Washington Beats U.S. in Job Creation (bloomberg)
  • Millennials are adept at playing the credit card reward game. (wsj)
  • Science says parents of successful kids have 17 things in common (businessinsider)
  • Nine signs that you should fire an employee. (medium)
  • Amex is stepping up its game against high-end credit card competition. (finance.yahoo)
  • With All This Market Optimism, What Could Go Wrong? (merkinvestments)
  • Diversification and Risk Management (Indexology)
  • April is National Financial Literacy Month. (peterlazaroff)
  • Wall Street and Washington: A New Love Affair (nytimes)
  • The State of Wealth Management in 2017 (thereformedbroker)
  • America’s College Grads Are Stuck With Low Wages (bloomberg)
  • What’s the difference between a benefit corporation and a B-corp? (fastcompany)
  • Can Pro Sports Help Us to Understand Economics? (realclearmarkets)
  • The Bond Market Isn’t Taking the Fed Very Seriously (marketwatch)
  • Smart Money Is Record Short, Dumb Money Record Long (marketwatch)
  • Bull Markets Don’t Mean Extra Jobs for Wall Street (nytimes)
  • Money gives you options. (journal.thriveglobal)
  • Two Major Causes Of Our Healthcare Problems (blogspot)
  • How Seattle Is Dismantling a NIMBY Power Structure (thecisforcrank)
  • OMG the lineup for our EBI West event is just insane (EBI West)
  • Men overwhelmingly run venture capital. (axios)
  • This Bull Is Chasing Its Own Tail (yardeni)
  • This Market Has a Massive ‘Wall of Worry’ to Climb (cnbc)
  • Breaking Down the Best and Worst Tax Burdens by State (wallethub)
  • The decline in the number of IPOs and new firm creation may be causally linked. (papers.ssrn)
  • Open, honest communication is one of the pillars of successful financial planning. (hffinancial)
  • Ever Wonder Just How North Korea Makes Its Money? (cnn)
  • Some Thoughts on the FOMC Minutes (realclearmarkets)
  • Long-term rentals are getting the VC treatment. (wsj)
  • A seven step playbook to maximize your chance at fundraising success. (hackernoon)
  • An in-depth look at the history (and future) of Classpass. (medium)
  • India’s National ID Program May Be Turning The Country Into A Surveillance State (buzzfeed)
  • Got a late fee on a credit card? Call to get it removed. (barrons)
  • Jason Fried, "People get what your company does not because of what you tell them it does, but because of how they see it fitting into their world and how it can benefit them personally." (m.signalvnoise)
  • My friend Meb just launched a tail risk ETF (ETF.com)
  • Google Search: Stock Market Is Dangerously Overvalued? (thestreet)
  • Simplifying Tax Filing May Just Be Too Easy for Government (realclearmarkets)
  • Is Gary Cohn really in favor of splitting up banks from investment banks? (Bloomberg)
  • New San Diego Minimum Wage Killing Jobs (sandiegouniontribune)
  • Tesla Court Loss Obscures Its Bigger Picture Victories (thedailybeast)
  • We are ‘deeply convicted’ when it comes to talking openly about money. (humbledollar)
  • [insert theme] is the ‘next Internet.’ Which one actually is? (medium)
  • Market Prejudices Inevitably Lead to Big Mistakes for Investors (bloomberg)
  • Hope vs Money (alhambrapartners)
  • Harry Stebbings talks with Hunter Walk of Homebrew. (thetwentyminutevc)
  • Why Your Extra-Safe Car Costs More to Insure (wsj)
  • Avoid these 10 common estate planning mistakes. (onefpa)
  • U.S. weekly jobless claims post largest drop in almost two years (Reuters)
  • Who’s Stealing From Your Dad Right Now? (bloomberg)
  • Universal Basic Income: An Idea Whose Time Should Never Come (thefiscaltimes)
  •  Tracking the Spread of Misinformation on Twitter after Crisis Events (depts.washington.edu)
  • Can a single financial education class help improve impulsivity? (wsj)
  • No one knew the world’s worst problem so we spent eight years trying to find it (80000hours)
  • The information war is real, and we’re losing it (seattletimes)
  • Germany Pays the Price for Its 100% Green Ambitions (forbes)
  • The Stock Market Equivalent of the Cal Ripken Streak (The Irrelevant Investor)
  • The complications of a "back door" Roth IRA conversion. (blog.independenceadvisors)
  • Don’t Mourn the Death of Stock-Picking Just Yet (bloomberg)
  • Chinese Consumers Will Change the Global Economy (thediplomat)
  • To Improve Jobless Insurance, Let’s Revisit Old Idea (realclearmarkets)
  • When do "participating preferreds" make sense? (ftalphaville.ft)
  • Thoughts On Improving the Fed’s Governance Structure (economics21)
  • 2 Charts: How Close We Are to Healthcare Collapse (yahoo)
  • Just how useful are online reviews if companies continue to threaten disgruntled reviewers? (pointsandfigures)
  • The Bill O’Reilly Scandal Has Divided the Fox News Bunker (vanityfair)
  • Feel Good Investing Is Most ‘Sustainable’ If Profits Are Only Goal (weeklystandard)
  • Buffett’s Top Picks Outperforming in 2017, but Berkshire Isn’t (247wallst)
  • Fed Information Leaks: This Thing Isn’t Over (businessinsider)
  • Inside Steve Cohen’s crowdsourced quant project (Institutional Investor)

04/05/17 – Wednesday’s Interest-ing Reads

  • Inside knowledge: How to tell truth from lies (newscientist)
  • Stores Take Flight From Fifth Avenue in Manhattan (nytimes)
  • Why Obamacare Was Doomed From The Start (In 1 Simple Chart) (zerohedge)
  • Vanguard: The Evolution Of Active Management (etf)
  • Tick-Tock for the Cartel: The End Of OPEC Is Near (oilprice)
  • Investing Legend Jack Bogle’s 6 Tips for Young People (cnbc)
  • Panera Bread acquired for $7.5 billion in largest restaurant merger in history (CNBC)
  • 4 Things You Need to Know About Panera’s $7.5 Billion Takeover (fortune)
  • The Pay Day Loan of the Middle Class: Whole Life Insurance (A Teachable Moment)
  • Why Economists Are Bad At Economics (blogspot)
  •  How Pharma Companies Use "Citizen Petitions" to Keep Drug Prices High (theatlantic)
  •  Who Killed the Active Fund Manager? (bloomberg)
  • 5 Ways Investors
Read the rest

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

  • A review of recent papers on managing portfolio risk. (capitalspectator)
  • Teflon: Why Fox Stock Is Immune to Bill O’Reilly Scandal (cnn)
  • Time for the Hard Data to Catch Up to the Soft Data (schwab)
  • Auditing the Fed Is Now More Important than Ever (mises)
  • The case for random benchmarks in portfolio analysis. (capitalspectator)
  • Funny or Die at 10, an Oral History (wired)
  • Does a Fama-French five-factor model work in Chinese A-shares? (blog.alphaarchitect)
  • This Is What Scares Professor Robert Shiller About Economy (marketwatch)
  • Equal Pay Day Commemorates a Mythical Pay Gap (realclearmarkets)
  • Why the Rise of Autonomous Machines Could Help Workers (cnbc)
  • The Cognitive Investment Cliff (psyfitec)
  •  Pandora CEO, Pressured to Sell, Gets Last Chance to Beat Spotify (bloomberg)
  • It’s O.K., California. Breaking Up Isn’t Hard
Read the rest
  • A review of recent papers on managing portfolio risk. (capitalspectator)
  • Teflon: Why Fox Stock Is Immune to Bill O’Reilly Scandal (cnn)
  • Time for the Hard Data to Catch Up to the Soft Data (schwab)
  • Auditing the Fed Is Now More Important than Ever (mises)
  • The case for random benchmarks in portfolio analysis. (capitalspectator)
  • Funny or Die at 10, an Oral History (wired)
  • Does a Fama-French five-factor model work in Chinese A-shares? (blog.alphaarchitect)
  • This Is What Scares Professor Robert Shiller About Economy (marketwatch)
  • Equal Pay Day Commemorates a Mythical Pay Gap (realclearmarkets)
  • Why the Rise of Autonomous Machines Could Help Workers (cnbc)
  • The Cognitive Investment Cliff (psyfitec)
  •  Pandora CEO, Pressured to Sell, Gets Last Chance to Beat Spotify (bloomberg)
  • It’s O.K., California. Breaking Up Isn’t Hard to Do. (nytimes)
  • U.S. To Lose $1.6B As Mexican Vacationers Choose Canada (forbes)
  • The Markets Are Set Up For a Fall (dailyreckoning)
  • The Key Which Will Determine If Stocks Rise or Fall (thefiscaltimes)
  • Why hedge fund and sell-side analysts seem to be in synch so much. (dealbreaker)
  • The Future Agency: Inside the big business of imagining the future (theverge)
  • This Economy is Ruined for Many Americans (nakedcapitalism)
  • When a Harvard Pedigree Won’t Help You (institutionalinvestor)
  • Elon Musk Is Trolling the Investors Who Shorted Tesla (fortune)
  • Pandora is in trouble, and Big Music is surprisingly sad about that (recode)
  • Comparing retained earnings to book value as a measure of value. (etf)
  • Factor models work in the frontier markets. (papers.ssrn)
  • This Is the First Place Where Obamacare Could Fail (cnn)
  • Falling Real Yields Are the Key to Understanding Today’s Markets (bloomberg)
  • The Housing Boom Is Anything But as Ownership Loses Appeal (bloomberg)
  • Populist Leaders Stifling Global Recovery, Or Vice Versa? (project-syndicate)
  • Artificial Intelligence: Larry Summers vs Steve Mnuchin (project-syndicate)
  •  New research shows the internet is a swamp and the trolls have won (theoutline)
  • The Death of the Think Tank, R.I.P. (educationnext)
  • Delivering on Middle Class Promises (project-syndicate)
  • Another example of how attractive people get a leg up…this time with earnings estimates. (asia.nikkei)
  • More on the puzzle of failures in covered interest rate parity. (johnhcochrane.blogspot)
  • What are the investment implications of a 100-year Treasury bond? (gmo)
  • Easy There Chipotle, Go and Mind Your Own Business. Thanks (bloomberg)
  • If U.S. Trade With China Is Unfair, Why Is GM the Best-Selling Car There? (qz)
  • ISM Manufacturing: Factory Sector Is On a Nice Role (realclear)
  • I Hope This Doesn’t Describe You (wordpress)
  • Young men have a tendency to overtrade. (sciencedirect)
  • No April Fool’s Joke – Another Record (investingcaffeine)
  • The $111 Million Reason Bill O’Reilly Is Safe At Fox News (forbes)
  • "Soft" Economic Data Invariably Leads to "Hard" Data (investopedia)
  • Mismanaged Pension Funds Imperiling State Budgets (thehill)
  • Why Odds Still Favor New Record Highs in Stocks (ciovaccocapital)
  • Will Stellar Samsung Galaxy S8 Kill Apple’s Stock Rally? (marketwatch)
  • Student Debt Giant to Borrowers: You’re on Your Own (bloomberg)
  • Diversification, Adaptation, and Stock Market Valuation (philosophicaleconomics)
  • Robots are going to reduce employment and wages. (papers.ssrn)
  • Investment grade bonds haven’t provided much (if any) premium over Treasuries. (blog.thinknewfound)
  • Peg? Iceland Needs a Euro Peg Like a Cod Needs a Bicycle (reuters)
  • Goodbye Connecticut! Taxes Forcing Me To Leave (courant)
  • Very Slow Growth Over the Coming Years Is Baked (hussmanfunds)
  • Conservatives, Fracking, & the Soft Bigotry of Low Expectations (realclearmarkets)
  • Greece Will Stay in Debtors’ Prison for Many More Years (reuters)
  • Is Hyperconvergence The Next Big Thing in Tech? (marketwatch)
  • The Secret Monopoly Behind Outrageous U.S. Drug Prices (theweek)

04/03/17 – Monday’s Interest-ing Reads

  • The Stock/Bond Ratio Is Back At 2007 Peak (knowledgeleaderscapital)
  • Why Jared Kushner’s Gov’t Innovation Plans Won’t Work (fortune)
  • Follow Ritholtz Wealth on Facebook! (Facebook)
  • The March ISM manufacturing number was once again strong. (crossingwallstreet)
  • Are Your Retirement Savings at Risk? Some Basic Questions (usatoday)
  • Is Most Published Research Really False? (annualreviews)
  • Is American Dream Killing the American People? (realclearmarkets)
  • Tony Isola, "The stigma of investing like the “little guy” has led “financial elites” to make many awful decisions with their money." (tonyisola)
  • Tesla ($TSLA) now has a higher market cap than Ford ($F). (news.fastcompany)
  • Some valuable life rules. (ritholtz)
  • Facebook ($FB) shamelessly copies features from other firms. (qz)
  • What We Can Learn From the Rhode Island Miracle (washingtontimes)
  • New ESG ETFs are building in smart
Read the rest
  • The Stock/Bond Ratio Is Back At 2007 Peak (knowledgeleaderscapital)
  • Why Jared Kushner’s Gov’t Innovation Plans Won’t Work (fortune)
  • Follow Ritholtz Wealth on Facebook! (Facebook)
  • The March ISM manufacturing number was once again strong. (crossingwallstreet)
  • Are Your Retirement Savings at Risk? Some Basic Questions (usatoday)
  • Is Most Published Research Really False? (annualreviews)
  • Is American Dream Killing the American People? (realclearmarkets)
  • Tony Isola, "The stigma of investing like the “little guy” has led “financial elites” to make many awful decisions with their money." (tonyisola)
  • Tesla ($TSLA) now has a higher market cap than Ford ($F). (news.fastcompany)
  • Some valuable life rules. (ritholtz)
  • Facebook ($FB) shamelessly copies features from other firms. (qz)
  • What We Can Learn From the Rhode Island Miracle (washingtontimes)
  • New ESG ETFs are building in smart beta factors. (etf)
  • How Pence’s ‘Dude Dinners’ Shrink Opportunities for Women (theatlantic)
  • Is Inequality Here To Stay? (economist)
  • How DIY algorithmic trading became a thing. (wired.co.uk)
  • The Global Economy Runs On Housing Bubbles (nakedcapitalism)
  • Giving Like a Rockefeller, Even If You’re Not Superrich (nytimes)
  • An American Dream That’s Not Supported By Any History (bloomberg)
  • The number of robots sold in the U.S. will jump nearly 300 percent in nine years (Recode)
  • The Rising Retirement Perils of 401(k) "Leakage" (wsj)
  • Dyson is the Apple ($AAPL) of appliances. (nytimes)
  • Nearly 90% of actively managed funds focused on UK equities underperformed the stock market last year. (ft)
  • Meaningful work should not solely be the province of the elite. (hbr)
  • Ben on The Dependability of Cycles (A Wealth Of Common Sense)
  • Gold and silver lead asset class performance in Q1 (Zero Hedge)
  • ‘Fed Up’ Is the Latest Book to Miss the Fed’s Rising Irrelevance (forbes)
  • Most Investors Have Not Thought a Lot About When to Retire (gallup)
  • If GDP Is Your Number, Obama Was Bad for Econ, Growth (nypost)
  • Fastest Growing and Shrinking Fortune 500 Companies (craft.co)
  • Why Commercial Real Estate Is the Next ‘’Big Short’’ (ValueWalk)
  • Your way of life would not be remotely possible without Wall Street (Los Angeles Times)
  • ‘Bro CEOs’ and the Start-Ups That They Invariably Wreck (nytimes)
  • It was the quietest quarter for the Dow in 51 years. (wsj)
  • Apple ($AAPL) is developing its own graphics chips. (theverge)
  • How Investors Can Learn to Love a Mkt. Correction (marketwatch)
  • Planet of the Cows: Cows and people are the large animals that most dominate the environment&#xA0 (spectrum.ieee)
  • Is There Value In Revisting the Lehman Bros. Collapse? (realclear)
  • Congrats to all the 2016 ETF.com Award winners (etf)
  • U.S. sweeping up Russian hackers in a broad global dragnet (mcclatchydc)
  • Quotes from Capitalists that Inadvertently Provide Support for Communism (facebook)
  • How the new Active Alts Contrarian ETF ($SQZZ) could make money through securities lending. (etf)
  • Fidelity is pushing into the overseas ETF business. (ft)
  • How responsible is the Fed for the current state of the stock market? (dealbreaker)
  • Socialistic Tendencies of the Sports Team Owners (nationalreview)
  • Why again did Amazon ($AMZN) shut down Quidsi? (recode)
  • Morningstar ($MORN) is pushing hard into the mutual fund business. (mutualfundobserver)
  • Oil Companies’ Modest Prize: Breaking Even (Wall Street Journal)
  • Apple ($AAPL) wants to sell more premium subscriptions, i.e. HBO, Showtime, via a bundle. (recode)
  • April is historically a great month for stocks. Why you should ignore this fact. (theirrelevantinvestor)
  • Foreign equities led asset class performance in March 2017. (capitalspectator)
  • How to find your missing keys. (nytimes)
  • The “basketization” of investment products shows little sign of slowing down. (thefinancialrevolutionist)
  • "More than 1 million people moved out of the New York area to another part of the country since 2010" (New York Post)
  • Some example of liquid alt ETFs. (investwithanedge)
  • Preparing For The Next Bear Market (awealthofcommonsense)
  • 3x leverage crude oil ETFs just can’t be killed. (blogs.wsj)
  • Hard data and soft data are diverging: which should we believe? (ft)
  • Chinese corporate bond yields are on the rise. (bloomberg)
  • The Power Of Oil (alhambrapartners)
  • Common Money Wasters: Don’t Be Fooled! (schwab)
  • Active Managers Stage a Comeback (wsj)
  • Single Payer Care Is Fool’s Gold For California (investors)
  • Factor ETFs are not going to arbitrage away factor premiums. (robeco)
  • Australia has a coal problem. (bloomberg)