Weekend “All Double-Feature” Reads
These are what caught my eye for reading this chilly Fall weekend:
• Jim Grant interview: Gold Still Looks Good; Japan Still Doesn’t (Barron’s) see also On the Asymmetry of the Impotent Bond Vigilantes (Rortybomb)
• Coppock Curve Killer Wave: Maybe Not So Killer (WSJ) see also Albert Edwards and the killer wave (Alphaville)
• Managers: Has John Paulson Lost His Touch? (Businessweek) see also Gundlach Found Liable in Trade Secret Case, but He Wins Back Pay (Deal Book)
• Setting a Price Target for Your Stocks (Barron’s) see also Peeling Back the Market’s P/E (WSJ)
• More Technicals: Debunking the ‘Death Cross’ (WSJ) see also Volatility stymies even smart money (Reuters)
• Potential Buyers Renew Their Interest in Yahoo (Deal Book) see also What’s Yahoo To Do? (Slate)
• Bartlett: Obama’s Lack of Focus Could Be Politically Fatal (The Fiscal Times) see also Why China would love ‘President Rick Perry’ (Market Watch)
• All The Dumb Things RIM’s CEOs Said While Apple And Android Ate Their Lunch (Business Insider) see also Apple IPad Data Was Given to Fleishman, Samsung Witness Says (Businessweek)
What are you reading?
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September 18th, 2011 at 11:00 am
Books Should Be Free Free – Audio Books from the public domain
This site is great. Lots of good books here.
I was looking for an audio version of Pilgrim’s
Progress to listen to while working and I found
it on this site. There are many other free classics
to listen to also. After PP I intend to tackle The
Decline and Fall of the Roman Empire
Most computers will be able to play the MP3
format so just click on that and enjoy hours of
quality listening time. It sure beats TV and the
download sizes are smaller. Plus you can get that
imagination of yours functioning again as you go
back into virtual adventure land.
I am really happy about this. I have just redeemed
some serious waste time at work that I can now
plug quality products into. That includes other parts
of my life also. The next few years of blanks has now
been filled in ;)
http://www.booksshouldbefree.com
September 18th, 2011 at 11:35 am
How the Common Man Sees It:
‘The Decline and Fall of the Roman Empire’ is a must read/listen for anyone interested in what happens to a Republic that transitions/devolves to an militaristic empire, and beyond. I also suggest reading Suetonius’ ‘The 12 Ceasars’ prior to reading The Decline and Fall. You might also want to add the following links to your bookmarks, as the scope of Gibbon’s history is daunting, and it’s hard to keep the players straight (the latter link doesn’t follow the administrative continuity of the empire to the demise of Constantinople, as Gibbon’s history does, but it sure helps):
http://www.roman-emperors.org/impindex.htm
http://en.wikipedia.org/wiki/List_of_Roman_emperors
When it comes to the practical result of the Unitary Executive theory, the Romans wrote the book (sorry for the pun).
September 18th, 2011 at 11:40 am
@Common
I just clicked into that “free audiobooks” website and found that you have to pay audible.com $15/month for a membership AFTER a free trial subscription…..that doesn’t sound free to me.
September 18th, 2011 at 12:58 pm
Excellent 16 graph compilation at Reuters of Eurozone debt crisis: http://graphics.thomsonreuters.com/F/09/EUROZONE_REPORT2.html
September 18th, 2011 at 12:59 pm
I’m reading Drudge. He’s picked up the Occupy Wall St. story.
If that builds momentum, it will touch off some weirdly symbolic downturn in the market.
(If you go to the occupywallst website, it’s hilarious. To watch a video, you see an ad. There are pop-up ads. Only in America does the revolution have corporate sponsors!)
September 18th, 2011 at 2:25 pm
Robert Reich
Taxing the Rich, the Obama Way
Sunday, September 18, 2011
Warren Buffett is a tough negotiator, which is one reason why he’s the second-wealthiest person in America.
So when the President refers to his new initiative to raise taxes on millionaires as the “Buffett rule” we might expect he’d start the bargaining from a tough position.
But this is Barack Obama, whose idea of negotiating is to give away half the house before he’s even asked the other side for the bathroom sink.
Apparently Obama will propose that people earning more than $1 million a year pay at least the same tax rate as middle-class earners. That’s aiming mighty low.
America’s median income is about $50,000. The typical taxpayer at that level pays approximately 20 percent in taxes.
….
http://robertreich.org/post/10360054909
[OTOH]
Let the audits begin.
As the U.K. tightens its belt during economic uncertainty, a senior government official said Sunday he was hiring more than 2,000 extra tax inspectors to make sure that Britain’s wealthiest feel the squeeze.
http://news.yahoo.com/uk-hires-extra-tax-collectors-police-super-rich-162216354.html
September 18th, 2011 at 2:42 pm
@petey,
Thanks, I am a fan of history. I worked my way through the French revolution and some European history a few years ago (I also explored US history in the ’90′s when I was going through a US politics phase) and Rome seems to be another good topic to delve into. I’ve studied it some but haven’t looked at it comprehensively from start to finish. So that will be my next big project (after Pilgrim’s Progress which has been recommend by many). They were somewhat brutal (J. Ceasar was an absolute butcher) but they make for an interesting story. It beats watching mindless TV and remake number X of hollywood story #7 of 200
I think my favorite aspect of history is coming across an event an discovering ‘where that phrase/idea came from’ and its context. A good example is the ‘crossing of the Rubicon’. It helps me to learn more about our time and why we do the things we do.
@deanscamaro,
Are you sure? I see the 14 day free trial thing but it looks like an ad.
Scroll down to the bottom of a book link and you can see places to download. I chose MP3 files because they are universal. I just recently picked up an ipod touch in order to trade when I’m away from home via wifi and didn’t even bother with the Itunes downloads
I just checked the about section:
http://www.booksshouldbefree.com/about
They are free as far as I can tell
….and for anyone who wants to be immortalized, they are looking for ebook readers. I don’t know the details but I saw something about it on their pages
September 18th, 2011 at 3:17 pm
Google’s Chairman Speaks Some Home Truths
“SCHMIDT: The economy is today stuck behind the power curve. It needs a lot of encouragement. It needs not just something like the jobs bill, but also significant government stimulation in terms of buying power and investment. Otherwise we’re set up for years of extraordinarily low growth in the economy and no real solution to the jobless problem.
…the current strategy is ludicrous. You have a situtation where the private sector sees essentially no growth in demand. The classic solution is to have the government step in, and with short-term initiatives help stimulate that demand. If they do it right, they’ll invest in income and growth producing things, like highways and bridges and schools.”
http://motherjones.com/kevin-drum/2011/09/googles-chairman-speaks-some-home-truths
September 18th, 2011 at 4:05 pm
Couple of swing trading ides for the week barry…
http://www.readtheticker.com/Pages/Blog1.aspx?65tf=339_swing-trade-idea-guns-2011-09
http://www.readtheticker.com/Pages/Blog1.aspx?65tf=338_swing-trade-idea-oil-2011-09
September 18th, 2011 at 4:37 pm
I’m reading (again) Pauk Johnson’s book, Intellectuals, after a decade’s absense from my bookstand.
While being criticized for its negative tone upon the original release, I find the exposing of hypocrisy and sloth amongst some of the most prominent leftist thinkers over the past two hundred years both timely and humorous. The anecdotes in the book are illuminating. As with most of Johnson’s early and intermediate works, the research is impecccable, albeit not particularly fair and balanced.
September 18th, 2011 at 4:44 pm
Building “highways and bridges and schools” is last century’s prescription. How about R&D in energy and medicine? Focus on high-tech.
Yes, I know Solyndra is a bust. So, how about hiring more investigators and prosecutors in the AG and SEC as well? Or create a series of “X-Prizes” in different subfields of research, to be given out only when companies succeed in delivering measurable results — not prospectus promises with loan applications processed by the Squid.
September 18th, 2011 at 7:22 pm
I’m listening. Patty Griffin’s “Florida.” It’s the saddest song I know.
September 19th, 2011 at 2:27 pm
@Common
I guess you are right. The page that comes up demonstrates one of my pet peeves regarding online advertising….this monstrous display with the front cover, which when you click, takes you into audible.com. You have to really look beyond that to see the specific media download areas. That ad is made huge to get as many hooked in by clicking on the book cover.