My afternoon train reading:

• Are Morningstar Ratings Useful? (Mariposa Capital) see also The Prescient Are Few (NYT)
• Stephan Roach: The Great American Prosperity Mirage (Project Syndicate)
• 7 equations to build a secure retirement (Market Watch)
• Housing Exuberance Led by Shiller’s U.S. Glamorous Cities (Bloomberg)
Eisinger: Challenging the Long-Held Belief in ‘Shareholder Value’ (DealBook)
• Boston Properties Sticks to Its Formula (NYT)
• Mark Cuban: High-Frequency Traders Are the Ultimate Hackers (WSJ)
• How Republicans made it possible for the Supreme Court to rule against the mandate (Washington Post) see also The Economic Effects of Supreme Court’s Health Law Ruling (Real Time Economics)
• The Old and Uneducated Watch the Most TV (Economix)
• Competing With Amazon (while on Amazon) (WSJ)

What are you reading?

 

Role of Commercial-Mortgage-Bond Watchdogs Is Cut

Source: WSJ

• Dinosaurs Not Cold-Blooded in Theory That Flips Old View (Bloomberg)

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.

14 Responses to “10 Mid-Week PM Reads”

  1. James Cameron says:

    > 7 equations to build a secure retirement

    Heh, heh, good stuff . . . and I imagine boomers are going to be all over these equations. :)

  2. willid3 says:

    how shareholders ‘harmed’ America? even though they are mostly ignored any way? and lead to short term thinking. and long term harm

    http://www.propublica.org/thetrade/item/how-shareholders-are-hurting-america

  3. rocketgas says:

    never been against being smarter that the other guy

  4. Mike in Nola says:

    Surprisingly, Stand Your Ground defense doesn’t work in a Texas case, despite this state being the most gun-happy in the Union.

    http://www.chron.com/news/houston-texas/article/Man-who-killed-neighbor-at-loud-party-sentenced-3666967.php

    It may be the personality of the defendant was the problem. Other articles on the case quoted neighbors who said they were scared of him because he would go around sticking his gun in their face.

    And in the Trayvon Martin shooting, it looks like Zimmerman had at least two opportunities to identify himself, but didn’t. Also he got out of the car and followed the kid instead of waiting for the cops.
    http://abclocal.go.com/wabc/story?section=news/national_world&id=8716067

  5. lonr525 says:

    NYT launches a Chinese edition (Mandarin I’m assuming, PR doesn’t say) ……http://www.nytimes.com/2012/06/28/world/asia/the-new-york-times-introduces-a-chinese-language-web-site.html?hp

    Perhaps NYT will top tick the “China will take over the world, so learn Mandarin” meme?

  6. Casual_Observer says:

    The 7 Equations article is pretty cool (and the links to the calculators are a big bonus). It needs a 8th equation though–what number should I use for expected rate of return. Where’s the financial Magic 8 Ball when you need it?

  7. rktbrkr says:

    LIBOR + LIARS interbank rate?

    Is it too much to hope that there will be criminal prosecutions for this massive fraud or is it too big to prosecute?

    Maybe it will launch the mother of all class action suits.

    As long as institutions can steal more than they have to repay in restitution and the criminals who devise these schemes aren’t jailed these massive frauds will continue to sap the health of our economy.

    If O’Bama is smart the fall news will be filled with banksters doing the perp walk.

  8. 873450 says:

    rd Says:
    This is going to become a major new theme in the Presidential election this fall: http://content.usatoday.com/communities/theoval/post/2012/06/poll-most-prefer-obama-to-deal-with–alien-invasion/1

    Obama “is” the alien invasion.

    How GOP registered voters feel:
    45% know it’s true
    35% believe it’s true
    19% aren’t sure
    01% know it’s not true and were expelled from GOP for treason

  9. Herman Frank says:

    Sorry to bother, but this is TOO MUCH for me.
    You cannot possibly make a spelling mistake in “the founder of TOLERANT religious living”: ERASMUS.

    …… Desiderius Erasmus Roterodamus (28 October[1] 1466? – 12 July 1536), known as “Erasmus of Rotterdam”, was a Dutch Renaissance humanist, Catholic priest, social critic, teacher, and theologian.

    Erasmus was a classical scholar who wrote in a pure Latin style. He was an early proponent of religious toleration, and enjoyed the sobriquet “Prince of the Humanists”; he has been called “the crowning glory of the Christian humanists.”[2] Using humanist techniques for working on texts, he prepared important new Latin and Greek editions of the New Testament. These raised questions that would be influential in the Protestant Reformation and Catholic Counter-Reformation. He also wrote The Praise of Folly, Handbook of a Christian Knight, On Civility in Children, Copia: Foundations of the Abundant Style, Julius Exclusus, and many other works.

    Erasmus lived through the Reformation period, but while he was critical of the Church, he did not join the cause of the Reformers. In relation to clerical abuses in the Church, Erasmus remained committed to reforming the Church from within. He also held to Catholic doctrines such as that of free will, which some Reformers rejected in favour of the doctrine of predestination. His middle road approach disappointed and even angered scholars in both camps …….