Good Saturday morning. Here are my favorite long form readings to start off your 3 day weekend:

• Trigger: The life of a guitar.  This was my favorite read this week  (Texas Monthly)
• The Man Who Invented Modern Probability: Mathematics & Chance encounters in the life of Andrei Kolmogorov (Nautilus)
• Microsoft’s Lost Decade (Vanity Fair)
• Familiar faces: “Super recognizers” never forget a visage, an unusual ability that can be put to good use (ScienceNews)
• The God of  Comedy Will See You Now: Lorne Michaels (NYT)
• In search of the real thing: Recognizing talent is far easier when it’s accompanied by its occasional companion, success (FT Magazine)
• The Wonderbrewer of Nowheresville: On a 230-year-old family farm in a remote corner of Vermont, an enigmatic young brewer quietly stirs up some of the most acclaimed beers in the world. (Narratively)
• To Protect Its Empire, ESPN Stays on Offense (NYT)
• The Rise and Fall of a Spammer (Medium)
• What’s Wrong With Wine on the Web (WSJ)

Whats up for the holiday weekend?


Fixed Income Is Buffeted by the Winds of Outflows
pimco outflows
Source: Institutional Investor

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.

10 Responses to “10 Weekend Reads”

  1. RW says:

    Labor Economics 101: Few Jobs Means Bad Jobs

    An alternative explanation to the “it just happens” view is that the weak economy itself is responsible for the proliferation of bad jobs. …

    I did a very crude test of this story. I regressed the rise in the share of hotel and restaurant employment from 2007 to the first half of 2013, across states, against their unemployment rate in July of 2013. Here’s the picture. [chart]

    While far from conclusive, this looks like pretty good support for the bad labor markets lead to bad jobs story. …I wouldn’t claim this simple test seals the case, but it strongly suggest that the story of bad jobs is the story of weak labor markets.

  2. RW says:

    Enjoyed the Texas Monthly story: Me and my Martin 016NY are approaching our golden anniversary but I never gave it a name.

  3. VennData says:

    Many Syrians in Chicago favor U.S. intervention,0,5331447.story

    ​So the folks that decamp are self-selected on hating Assad and his sadistic family. Hmm.

    That’s the problem with the character of GOPers. you see when one of your guys like Cheney gets in a ginsup stuff like WMD the whole world remebers and in a Boy-who-cried-wolf reaction Feels.. that;’s feels, that now Obama, Kerry, our NATO Allies, the Arab League et al are lying and Putin and the Chinese are telling the truth.

    Thank you GOP. You’re the gift that keeps on giving.

    • S Brennan says:

      If the Syrians in Chicago want to fight…how come they ran away…oh, I get it, they want others to fight while they sit on their fat fannies. If Syrians in Chicago really want to fight they wouldn’t be talking to reporters, they’d be down at the US Army recruiting station…I did it, why in the e’ffing hell can’t they?

      I’m sure during the troubles, the Irish in Chicago would have liked it if the USA took on England…funny, I don’t remember a reporter ever asking us what the US policy towards England ought to be.

  4. VennData says:

    Attn. Hedge Funds: advertise on this show:

    ​”…From their feathered couches, American viewers made “Duck Dynasty” — about a Louisiana clan and its duck-hunting-gear business — the most watched show on television the week of its August premiere, securing the A&E network hit as the most successful cable reality series ever…”​

  5. Jojo says:

    5 Billionaires Who Are Making Awesome Sci-Fi Come True
    By Ivan Farkas
    August 22, 2013

    We love the character of Tony Stark because we wish all billionaires would spend their fortunes bringing sci-fi gadgets to life, instead of building gigantic yachts and buying private islands to hold gold-plated orgies. But there are actually a few Tony Starks out there, people who have big, ridiculous dreams and the cash to at least try to make them real.

    We’re not saying all (or any) of these projects will come to fruition within the next few years, but we’re absolutely willing to applaud these crazy, rich bastards for trying.

  6. willid3 says:

    minimum wage hike. might be a lot better than some claim (wonder if they actually know what they are talking about or is there politics. or maybe its their job?_)

  7. farmera1 says:

    10 Things Mutual Fund Companies won’t say

    Pretty right on stuff about mutual funds. When I said to an elderly friend that there were better places to keep her money than in loaded, expensive mutual funds her response was you get what you pay for. Unfortunately for her just the opposite is true in the financial services world. But she was convinced.

  8. ottnott says:

    What kind of a man would shoot a guitar?

    For a great audio fiction follow-up to “The life of a guitar”, listen to Patrick E. McLean’s “Bright Lights” episode from his “Stories I Told Myself”

    Bright Lights:

    Stories I Told Myself:

    McLean has been podcasting his work since 2005 and has produced a lot of great material. Try his “Death of a Dishwasher” ( ) or St. Patrick’s Day ( ).