My afternoon train reading:
• Gundlach Profile: Double Duty at DoubleLine (Barron’s)
• Brace Yourself: 3rd Quarter Earnings Could Fizzle (Fiscal Times)
• Fleckenstein: Fed pulls out the bazooka (MSN Money) see also Fed Recovery Doubts Spur Investor Bid for Treasuries (Bloomberg)
• The 12 Coolest Things We Learned From Nate Silver’s Brand New Book (Business Insider)
• The Trade-Off That Created Germany’s Job Miracle (NYT) see also Faust and the German aversion to debt (FT Alphaville)
• Brooklyn Booms as Record Rents Drive Constructions (Bloomberg)
• Wall Street Scandals Fill Lawyers’ Pockets (DealBook) see also Wall Street Finds Friends Can Help Scrub Records (Bloomberg)
• Peer Power, from Potholes to Patents (WSJ)
• The 18 Worst Things For Left-Handed People (Buzz Feed)
• This $9 Cardboard Bike Can Support Riders Up To 485lbs (Fast Co Design)
What are you reading?
61 Days Without a 1%+ Decline
Source: Bespoke Invest
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.
Those lefty hardships forced ambidexterity into me, to the point where I’m better at more things with my right. I couldn’t handle the Navy flight simulator with my right; I gave up and reached across to fly it lefty. Sounds stupid but, if y’all’ve ever
diddled a birdreached for something in the passenger seat while shifting with your left hand because the situation “demanded” it, you know that, ahem, lefties do it right. Plus, you can pitch until you’re fifty…if only I’d've dedicated my efforts to throwing from one side; I’d've broken the flap on David Ortiz’ helmet.For any stat geek that warns against over-reliance, Silver’s book should be a fun read.
http://www.politico.com/news/stories/0912/81588.html
meet sheldon adelson, mega donor.
thanks for the tip on nate silver’s book. on my wish list now.
Re: Lefties
One advantage: Using the mouse/touchpad with the right hand allows writing while surfing.
A real Kindle has both buttons on both sides. Maybe Bezos is a lefty.
Facebook at it again:
http://www.ft.com/intl/cms/s/0/6cc4cf0a-0584-11e2-9ebd-00144feabdc0.html#axzz27QxhPXVS
Was trying to find out if Bezos is left handed. Still haven’t, but found this interesting tidbit in an interview with him:
Ki: This time last year you and your wife MacKenzie were still living in a poky apartment in Seattle. Now you’ve traded up to a big place on Lake Washington. Good move?
JB: Oh, it’s beautiful. It’s like living in a park with great trees.
Ki: What do your neighbours do?
JB: Tell you the truth, I’ve been there a year and I haven’t met them. Bit embarrassing, but I’ve been so busy.
Ki: How does it compare with your pal Bill Gates’s place?
JB: Oh, Bill’s place is an amazing showcase for technology, but it’s full of very old stuff too. He has a beautiful library, filled with works from famous scientists, Leonardo Da Vinci writings.
You know he wrote backwards because he was left handed and didn’t want the ink to smear complete genius.
____________________________________________________________
I then realized the statement was ambiguous and wondered whether he was referring to Gates or Leonardo. Turns out they both are/were:
http://www.bing.com/images/search?q=famous+lefties&qpvt=famous+lefties&FORM=IGRE
hmmm http://www.theverge.com/2012/9/24/3381462/iphone-5-scuff-damage-aluminum
One day all rights will be lefted.
Obama, Clinton, “W,” Reagan, and Ford — all leftists.
Romney is a-righty….
Good piece on Gundlach.
I’v had some assets in his total return fund since early 2011 and I’ve been impressed with the results – so far.
WTF? Okay I can think of one justification but really?
http://www.salon.com/2012/09/24/thousands_of_wall_street_traders_follow_astrology/
You cannot make this stuff up. Mitt Romney believe airplane widows not rolling down is a “problem”.
http://www.huffingtonpost.com/2012/09/24/mitt-romney-airplane-windows_n_1910930.html
Hmmm, not so sure..
“Since 1982, the number of people employed in the United States has tended to move in a similar pattern to the amount of energy consumed. When one increases (or decreases), the other tends to increase (or decrease). In numerical terms, R2 = .98.”
http://oilprice.com/Energy/Energy-General/The-Link-between-Energy-Consumption-Employment-and-Recession.html
Ahh, I can remember the Hunt Brothers like it was yesterday…
http://oilprice.com/Metals/Silver/Revisiting-the-First-Silver-Bubble.html
@thomas hudson Says:
Michael Mann is not impressed with Nate Silver’s book.
http://www.huffingtonpost.com/michael-e-mann/nate-silver-climate-change_b_1909482.html
formerlawyer,
I am very familiar with Mann’s work and reputation. Looking forward to the results of his defamation lawsuit against Mark Steyn of National Review. Still buying Nate’s book.
did you cover this?
http://www.forbes.com/sites/robertlenzner/2012/09/19/nobody-knows-what-is-holding-back-the-economy/
dated 9/19 if its true its awesome from dallas fed president fisher
not a single fed official has any clue…….
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BR: No, but Bob Lenzner is awesome
this sorta was a cover here:
http://www.ritholtz.com/blog/2012/09/fisher-comments-to-harvard-club/
I read that post top to bottom and wanted to like it with some response – but :-/
~~
psst – I must traverse this site lately via the blue links right under the banner* – I’d use “less than / greater than” (backwards / forwards) – but those symbols together are code
*unless your in cellphone mode – then those are further down the page
my header tabs are consistantly wacked out of time (signed in seems to matter too)
don’t ya love industry standards vs patents
I can’t imagine anything more boring than statistical analysis but the Nate Silver article was very interesting. Thanks for the post.