My morning reading material:

• What Makes a Great Stock Analyst? (WSJ)
• Swedish Banks Pummel EU Peers Wallowing in Laxer Rules (Bloomberg)
• Spain nationalises Bankia as euro crisis escalates (The Telegraph) see also Greeks May Hold $510 Billion Trump Card in Renegotiation (Bloomberg)
• It’s All About the Fraud: Madoff, MF Global & Antonin Scalia (Institutional Risk Analyst)
• The ascent of the shadow economy ( see also Growth of the shadow economy, charted (
• Gross Talks His Books, Says (Asks for) QE3 Getting Closer (Bloomberg)
• Post-Financial Crisis – How do the Major Economic Players Stack Up? (Northern Trust)
• You Hate Taxes, but You Ain’t Moving to Nashville (Bloomberg)
• Facebook IPO: Investors should wait (Market Watch)
• The False Truths of Social Finance (Phil Pearlman)

What are you reading?


Two annoying problems

Source: Indexed

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.

15 Responses to “10 Thursday AM Reads”

  1. Arequipa01 says:

    TSA orders baby off plane.

    Charlie Sheen’s redefinition of winning is the watchword.

  2. DeDude says:

    Oil prices are dropping like a rock;

    And here I thought that these very liquid, very efficient, very free, very unregulated, very high frequency markets were supposed to give us price stability and and quickly find the correct price according to supply and demand. I guess that was all a load of bull trying to defend speculators that wanted to extract some rent.

  3. woodahy says:

    I’m an avid reader and I’m glad you picked the what makes a great stock analyst article as your top read.
    B. Alukos

  4. VennData says:

    “… The incompetence of Geithner in dealing with the portfolio investments of the US is a national scandal…’ typical hyperbole from Whalen. One of the best reverse indicators of the last few years.

  5. Julia Chestnut says:

    Best. Index card. Ever.

  6. Julia,

    to your Point..

    “…Imposter syndrome refers to a mental condition in which people feel inadequate even when all logical evidence indicates just the opposite. People with imposter syndrome feel that their success is the result of luck or a mistake, rather than something they earned through their abilities and hard work. Even the highest levels of success and recognition do not raise self-confidence for those suffering from imposter syndrome. Convinced that they are truly a fraud, these people often fear being “caught” or “found out.”

    While not an officially recognized psychological disorder, imposter syndrome has been studied by many educators and mental health professionals and is the subject of numerous books and articles. Imposter syndrome may also be referred to as “fraud syndrome” or “imposter phenomenon.”

    The History of Imposter Syndrome…”

  7. willid3 says:

    has the stock exchanges been replaced? not sure if there will be any more , um, scams than with them than without them?

  8. willid3 says:

    would this actually be a good idea? or would it make things harder to judge? would it make business do better long term planning?

  9. SOP says:

    willid – Re. “Think sustainable, end quarterly reporting”

    That sounds like Al Gore alright – do the least possible to disrupt the fat-faced Pigmonkey’s way of life while pretending to be doing something constructive.

  10. Julia Chestnut says:

    Mark Hoffer – thank you, but I’m intimately familiar with the concept. And unfortunately, I also have extensive experience with the Dunning-Kruger effect. I just found the index card super. It has a kind of New Yorker cartoon quality – just well played. Do you suppose the person at the intersection of those two axes really is a zero?

    I always wondered if the people who think we operate in a meritocracy ever really talked to real people.

  11. willid3 says:

    SOP, maybe. but its being proposed by economists. and it sounds more like a way to make public corporations even more opaque. and its not exactly going to do much to reduce pollution (unless you count the noise pollution reduction. and maybe reduced driving by stock analysts to company meetings). then again it might reduce the US business fixation on quarterly results. as the expense of long term ones

  12. Julia,

    sorry, if that wasn’t clear..meant for the ‘definition’ to provide a, truncated, ‘Glossary’–to the Card, itself..

    you know, for the ‘Search’-challenged..~


    though, w. ..”…Do you suppose the person at the intersection of those two axes really is a zero?…”

    drawing from the Y-Axis, the Individual would have 0 (Zero) ‘Sense of Self’, yes?

    then, yes, I would think that that Person is ‘a zero’..

  13. SOP says:


    I am sure they are serious. But Al Gore is a parasite and it is a token effort, at best, towards “long-term” thinking.

    It is just more extending and pretending.