My afternoon train reads:

Klarman: The Oracle of Boston (The Economist)
• Has Volkswagen discovered the Holy Grail of carmakers? (Reuters)
• S.E.C.’s Revolving Door Hurts Its Effectiveness, Report Says (DealBook) see also SEC To Second Circuit: ‘Please Don’t Make Us Do Our Jobs!’ (Above the Law)
• Global ‘credit supernova’ turns 2013 bull into bear (MarketWatch)
• The Great Housing Mania (Barron’s)
• U.S. Fiscal Policy is Upside Down (Rational Irrationality) see also Fiscal Austerity is Happening Now (Macro and Other Market Musings)
• How the Patent Office Helped to End Slavery (Bloomberg)
• Has Apple Finished Disrupting Markets? (Time) see also Things Apple Has Not Yet Done (CounterNotions)
• U.S. said to be target of massive cyber-espionage campaign (National Security)
• The Future Of Google Plus, And Its Path To Social-Media Domination (Fast Company) see also Google joins the DIY group… (footnoted)

What are you reading?

 

Monopoly Updates Its Game With A Cat

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.

5 Responses to “10 Monday PM Reads”

  1. James Cameron says:

    > The Future Of Google Plus, And Its Path To Social-Media Domination

    “The data is clear; Google+ is a growing success and is here to stay. The global internet will increasingly be defined by Facebook, Google and Twitter, representing a tremendous opportunity for marketers to build brands on a truly global scale. Currently, not enough brands and agencies have a Google+ presence . . . ”

    I’ve yet to find a robust Google+ community that remotely rivals Facebook, despite some of the claims here, and that includes the Google+ presence of the author’s company, One Block Off The Grid. One fundamental problem will be that many, many people and organizations will not want to maintain more than one presence or at least one robust presence because of the time commitment. I think we’re much farther away from parity or rough parity than Dave Llorens’s hype suggest. I think where Google+ will find its niche if anywhere is with businesses. We shall see.

  2. Mike in Nola says:

    Letterman’s explanation for the Pope’s retirement from a friend at tonight’s taping:

    Letterman said he was retiring to spend more time with his wife and children; also, because he has a neck problem, from constantly having to look the other way.

  3. jib10 says:

    I have a real problem with Gross’s Credit Supernova. Particularly the chart he used in the newsletter showing ‘hyperbolic’ growth in the credit markets. (http://www.pimco.com/EN/Insights/Pages/Credit-Supernova.aspx).

    My problem is that the chart is wrong. The credit growth slope changed drastically in 2008, was actually negative in 2009 and have been growing very slowly since. You can check the data from the Fed here (http://www.federalreserve.gov/releases/z1/current/accessible/l1.htm) and build your own charts.

    I went to the same source that Gross referenced for the data. It is clear, the supernova has already blown, it happened in 2008. It has not been a total disaster because of all the crazy liquidity dumped into the system world wide. With all that insane credit creation by the Fed, all that money printed, all that debt ran up by the US govt, the total credit markets are up less than 4% TOTAL for the last 4 years. They went up over 10% in 2007 alone.

    Gross is not an idiot, I know he knows his chart is wrong and the Supernova has blown. Any one with a spreedsheet can get the data from the Fed and chart it themselves. So WTF is his game? What is he selling? I am serious, I dont see the game and it scares me not to see it and have so many people push it.

  4. 873450 says:

    Monopoly Updates Its Game With A Cat

    Why is President Obama giving a seemingly unlimited supply of Get Out of Jail cards to Wall Street fat cats primarily responsible for crashing the global economy?