My morning reads:

• 22 Insights From The Most Successful Investors In History (Business Insider)
Doug Kass: I’m still a bear and Twitter is useless (MarketWatch)
• What if the Stock Market Were a Bond? (Crossing Wall Street)
• A funny thing happened on the way to the Fed (Renew America)
• Major economies out of sync (Sober Look) see also The changing debate over China’s economy (Michael Pettis)
• The Most Important Article You Didn’t Bother Reading Today (Jeff Matthews Is Not Making This Up)
• Eliot Spitzer’s populist push, and why it just might work (The Fix)
• Regulator Steps Up Probe Into S&P (WSJ)
• Why San Francisco May Be the New Silicon Valley (Atlantic Cities)
• Deaths of Manatees, Dolphins and Pelicans Point to Estuary at Risk (NYT)

What are you reading?


Apple Does Better with Repeat Smartphone Buyers, Faces Hurdles with 1st-Time Buyers
Source: All Things D

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 Thursday AM Reads”

  1. Bob is still unemployed   says:

    In addition to tracking your movements in and around the store via your smartphone, stores are now beginning to use facial recognition (NPR) to target certain customers as they enter the store.

  2. VennData says:

    Doug Kass’s bearish case resting upon credit growth being to big is the same problem with the people lamenting about the housing bubble.

    These are mean reversions from way-below-trend recoveries.

    And the whole China-is-dead crowd misses the fact that they are state-sponsored socialists. They can do whatever they want ala the Soviet Union. They reason their “exports are down” is Europe stopped importing, not some problem in China..

  3. Francisco Bandres de Abarca says:

    The rupee is having a tough time of it lately (‘monkey hammered’ I believe is the term a certain popular but prone-to-hyperbole site (not this one) might employ) . It’s all in-line with taper talk, the resulting capital outflows from emerging markets, money leaving China through the Macau mechanism, low reserves . . . you know the spiel:

    Speaking of India–a new RBI governor to begin on September 4 (one who Larry Summers once thought a bit naive in his assessment of how nasty market feedback can result from too much leverage/derivatives/financial innovation):

    The ‘long list’ of contenders for the FT/Goldman Sachs business book of the year:

  4. Molesworth says:

    War on Women continues. Are you surprised that it is in Texas? I’m not.

  5. CSF says:

    A piece by Stephen Roach at Project Syndicate, to go with the Michael Pettis post on China’s economy:–roach

  6. hue says:

    Conservationists Call For Quiet: The Ocean Is Too Loud! (npr) Stop talking, I can’t see … there was a time when a blue whale calling off the coast of Massachusetts could be heard by other blue whales straight across the Atlantic Ocean.

    Longest Retirement by Countries: Singaporeans live 23 years after retirement, Americans just 12 (Bloomberg Visual Data)We’re No .56! We’re No. 56!

  7. hue says:

    Chinese State Media Fall For Borowitz Report On Bezos, WaPo (WaPo) new world order

  8. VennData says:

    Google’s Android Seizes Smartphone Market

    “…Software Was on Nearly 80% of Devices Shipped in the Second Quarter,..”

    Look Apple fetishists, you were wrong. The Apple closed system is the Microsoft of old, and going their way quicker.

    Facebook needs to open their system or they will enjoy the same fate.


  9. Bob A says:

    Doug Kass’s own tweets were a prime example of the useless noise that is 99.9999% of what happens on twitter

  10. Nacraphiliac says:

    Bill sounds a little shell-shocked but in the main still confident in his Maginot Line; completely oblivious of the next assailant, web-enabled peer to peer lending.

  11. from…
    • Deaths of Manatees, Dolphins and Pelicans Point to Estuary at Risk (NYT)

    this..”…Now, some experts say, the rapid urbanization of the Florida coast, from the boom years of the space age to the later growth of retirement condos, appears to have pushed the accumulation of those wastes.

    Brevard has grown explosively, to nearly 545,000 in the 2010 census, from 23,700 people in 1950…”


    “…The National Flood Insurance Program (NFIP) is a program created by the Congress of the United States in 1968 through the National Flood Insurance Act of 1968 (P.L. 90-448). The program enables property owners in participating communities to purchase insurance protection from the government against losses from flooding. This insurance is designed to provide an insurance alternative to disaster assistance to meet the escalating costs of repairing damage to buildings and their contents caused by floods.[1] As of April 2010, the program insured about 5.5 million homes, the majority of which were in Texas and Florida.[2]…”

    from the “You get what you Pay for (whether you realize it, or not..)-Files..”