My afternoon train reading:

• 26 Market Wisdoms from Warren Buffett (Stock Twits 50)
• Prices Are Rising for New Homes, and the Land They Are Built On (NYT) see also Left with Nothing: Foreclosure Factories (Washington Post)
• Fate or Destiny? (The Reformed Broker)
• NSA Can Access Everything On Your iPhone, Android, and BlackBerry (Talking Points Memo) see also The Cloud Era Begins for Enterprise Tech (Bits)
• Unemployment Falling for Wrong Reason Creates Fed Predicament (Bloomberg)
• What a Cheaper iPhone Would Do for Apple (Moneybeat) see also Apple’s Next Unveiling Could Make or Break a Business (Bits)
• 20 Best & Worst States for Pension Funding (Think Advisor)
• Tech Is the New Jerk! Popular culture has soured on Silicon Valley (New Republic) see also America Faces the Shock of the Old (WSJ)
• Why People Believe in Conspiracy Theories (Scientific American)
• How to Make the Most Of Your College Years (Life Hacker)

What are you reading?
Investors Bet On Battered Markets
bet battered martkets
Source: WSJ

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.

6 Responses to “10 Monday PM Reads”

  1. Bob is still unemployed   says:

    Decline of Digital Equipment offers lessons for Microsoft (ComputerWorld)

    “…But DeLisi focused on a different problem Microsoft faces: Its search for a new CEO. In part that was because he had identified the same event — iconic founder and CEO Ken Olsen’s departure in 1992 and the hiring of Robert Palmer as its new CEO — as, if not a tipping point, then certainly one cause of its precipitous decline. “Bob Palmer was the wrong CEO for the times,” said DeLisi….

    “He also worried that Microsoft has already wrapped a strait jacket around its unnamed CEO by shifting to a “devices-and-services” strategy, kicking off one of biggest-ever reorganizations and then swallowing Nokia.

    “One of two things can happen,” DeLisi said. “If the CEO is brought in to implement this strategy, you lose the benefit of any insights and innovation this person brings to the table. [The new CEO] is compromised before he starts. Or you hire this person and tell them, ‘You’re free to go ahead and change things.’ Now what they’ve created is unbelievable confusion. Everyone is confused about the direction, what they should be doing and the strategy….”

  2. Chief Tomahawk says:

    The foreclosure/left with nothing article makes me want to take a shower…

    I’m glad the veteran’s service was duly noted to start the piece.

    • S Brennan says:

      Agree CT, I read this yesterday and was left with macabre curiosity…are the evil doers in the piece really human? I mean, are they really genetically similar to me?

    • rd says:

      Another good reason for many people to rent, not buy.

  3. rd says:

    The “shock of the Old” piece kind of baffled me when I rad it last night. It looked like they were using the price of servers and PCs as indicators of the pace of current innovation. However, at this point, both of these are largely commodtized with much of the price dictated by old technology components, like the box that contains the pieces, fans, plugs, cost of making chips etc. Using this as a benchmark for measuring innovation is like looking at the price of the average car to determine innovation – there has been huge innovation in vehicles with all sorts of airbags, traction control systems, hybrids etc. but you would never know that looking at a price index.

    I would think a better benchmark would be the percentage of sales by S&P 500 companies from product types that did not exist 10 years earlier. These days that would include smartphones and tablets which will supplant the big box laptop or desktop computer sitting on your desk. over the next daecade.