10 Monday PM Reads

By Barry Ritholtz - February 27th, 2012, 4:30PM

Some reads for the train ride home:

• The Macro Man’s Oscar for Best Picture (Macro Man)
• Brain study finds what eases pain of financial loss (Reuters)
• Short Selling and the Great Depression (Bloomberg)
• What High-I.Q. Investors Do Differently (NYT)
• RIAs are starting to create their own 401(k) companies as alternatives to John Hancock and The Principal (RIA Biz)
• America’s First Great Financial Journalist (Bloomberg)
• MBIA tells judge of newly uncovered Countrywide fraud database (Reuters)
• Henry Miller’s 11 Commandments of Writing & Daily Creative Routine (Brain Pickings)
• Teller (of Penn & Teller) Reveals His Secrets (Smithsonian)
• How the GOP is tearing itself apart: The Lost Party (NY Mag) see also The Perversity of Extremism Tends Toward The Maximum (Stonekettle Station)

What are you reading?

>
iPhone’s Crutch of Subsidies

Source: WSJ

PERMALINK
Category: Financial Press.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

12 Responses to “10 Monday PM Reads”

thomas hudson Says:
February 27th, 2012 at 5:13 pm
http://www.minyanville.com/sectors/financial/articles/the-artist-hugo-oscars-stock-market/2/27/2012/id/39609

can hollywood’s trend towards nostalgia be applied to your portfolio?
craig.r.jackson Says:
February 27th, 2012 at 5:41 pm
One thing that the study didn’t measure was the amount of cash on hand. Smarter investors tend to keep a chunk of change in case bargains appear.
MorticiaA Says:
February 27th, 2012 at 5:44 pm
http://www.amazon.com/gp/product/B007A4V33M/ref=as_li_ss_tl?ie=UTF8&tag=theborrep-20&linkCode=as2&camp=1789&creative=390957&creativeASIN=B007A4V33M
“An Unexpected Twist,” Andy Borowitz wrote an essay about his 2008 life-threatening intestinal ailment, and does so with the expected wit. Kindle price 0.99; Amazon Prime members free.
Jack Damn Says:
February 27th, 2012 at 5:57 pm
- Muddy Waters Losing Support in Market as Latest Calls Prove Inconclusive
- http://www.bloomberg.com/news/2012-02-27/muddy-waters-losing-support-in-market-as-latest-calls-prove-inconclusive.html

“While Focus Media Holding Ltd. (FMCN) sank 39 percent when Muddy Waters said Nov. 21 that the Shanghai-based digital advertiser exaggerated its network, the stock has rebounded 52 percent. Spreadtrum Communications Inc. (SPRD), a chipmaker in Shanghai, traded at $15.67 in New York, from $12.49 on June 28, when Block questioned its revenue. Focus Media and Spreadtrum say the firm’s assertions lack merit.”
Sechel Says:
February 27th, 2012 at 6:29 pm
A worthwhile follow up to your WashingtonPost piece on the mortgage foreclosure settlement.

http://www.creditslips.org/creditslips/2012/02/robosigning-20-coming-to-a-foreclosure-review-near-you.html
Moss Says:
February 27th, 2012 at 6:32 pm
http://finance.yahoo.com/news/fbi-sees-more-hedge-fund-194808659.html

Good for them.

Also.. Bad for them.

http://www.vancouversun.com/Rupert+Murdoch+tabloid+engaged+massive+payoff+scheme+corrupt+public+officials+Investigator/6217286/story.html
willid3 Says:
February 27th, 2012 at 7:01 pm
the wage slave
if you think you have it bad
your wrong

http://motherjones.com/politics/2012/02/mac-mcclelland-free-online-shipping-warehouses-labor

makes you wonder why you do business (if you do) with any business that use these business. and that all mail and internet stores
RW Says:
February 27th, 2012 at 8:38 pm
@willid3, thanks for the link to the Mother Jones article, “Shelf Lives:” A modern version of Upton Sinclair’s, The Jungle, is unfolding, particularly in so-called “right-to-work” states.

But I can’t blame internet businesses for using a cost effective and legal service.

What I wonder about is how many of the workers in those dead-end jobs realize the politicians they (probably) voted for helped establish the laws and policies that see to it there will be no unions to bargain for them or government agencies to protect them from the low pay, abuse, degradation, threats and summary termination they daily endure.
Jojo Says:
February 27th, 2012 at 10:35 pm
@willid3 – Sheese. The young slave laborers in China’s Foxconn iFactory making $1.78/hr appear to have it a lot better compared to those poor people in that Mother Jones story!
theexpertisin Says:
February 27th, 2012 at 11:33 pm
BR, Thanks a million for the article on Charles Adams (America’s Firstt Great Financial Journalist).

As a history buff, I ponder what ever became of the genealogical lines of great people. Learning that Charles Adams was a direct descendent of John and John Quincy was a treat.

So many great family lines collapse within a few generations (look at the Lincolns, for example). Others maintain their status living off the remains of old money (the Kennedys and the Rockefellers).
Roger Bigod Says:
February 28th, 2012 at 12:16 am
Barry,

I always thought there was a simpler explanation for the financial crisis, and Sen Santorum has just nailed it. It happened because gas prices went up and people were spending so much on it that they couldn’t pay their mortgages. It’s so obvious and satisfying, once I got it, that it almost makes up for the dent in my forehead.

I know it’s a little late to retract your book, but I thought you’d want to know.
FT Alphaville » Further reading Says:
February 28th, 2012 at 3:21 am
[...] – Further, further reading. [...]