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

Category: Financial Press

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

12 Responses to “10 Monday PM Reads”

  1. thomas hudson says:

    can hollywood’s trend towards nostalgia be applied to your portfolio?

  2. craig.r.jackson says:

    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.

  3. MorticiaA says:
    “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.

  4. Jack Damn says:

    - Muddy Waters Losing Support in Market as Latest Calls Prove Inconclusive

    “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.”

  5. Sechel says:

    A worthwhile follow up to your WashingtonPost piece on the mortgage foreclosure settlement.

  6. willid3 says:

    the wage slave
    if you think you have it bad
    your wrong

    makes you wonder why you do business (if you do) with any business that use these business. and that all mail and internet stores

  7. RW says:

    @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.

  8. Jojo says:

    @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!

  9. theexpertisin says:

    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).

  10. Roger Bigod says:


    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.

  11. [...] – Further, further reading. [...]