Good morning.  Here’s what I’m looking at today:

• S&P 500 Hits 42nd Record Close, Most Since 1998 (Barron’s)
• Merry F%@#ing Buyback Christmas (Reformed Broker)
• An economist’s guide to gift-giving (WonkBlog)
• 8½ Things That Went Right in 2013 (Businessweek)
•  Perenially wrong bank analyst Bove defends TBTF banks: Why the US needs big banks (NY PostMan, that litigation seems to have broken his spirit
• China cash crunch symbolises central bank policy quandary (FT)
• Japan’s stock rally might not be finished (WSJ)
• When ‘60 Minutes’ Checks Its Journalistic Skepticism at the Door (NY Times)
• $1B/year climate denial network exposed (BoingBoing) see also  Institutionalizing delay: foundation funding and the creation of U.S. climate change counter-movement organizations (Springer)
• How Iron Maiden found its worst music pirates — then went and played for them (Cite World)

What are you reading?


Asset Class Performance for the Cycle

Source: Short Side of Long

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.

8 Responses to “10 Thursday AM Reads”

  1. Bob is still unemployed   says:

    The Iron Maiden article is full of unsubstantiated assertions. For example

    For more than a decade, musicians have battled rampant music piracy that has put labels and record stores out of business at a rapid pace. Unlike the shift to Amazon that did in the book store chains, record stores are suffering from outright theft, and the migration to iTunes or Spotify streaming isn’t making up the difference.

    The first sentence says that “labels and record stores” have been put out of business by piracy. The second sentence only mentions that it was theft that has caused the record stores to suffer.

    Regardless, there is no substantiation of either of those assertions, they are just presented as fact. Piracy is copyright infringement. It is not theft. It is not stealing.

    It is a shame that the article starts off with an inaccurate misrepresentation of what had happened.

    On the positive side, the article does show how artists who make their music more easily available can deter piracy. That is something that Netflix has noticed, i.,., when a movie becomes available for streaming the piracy rates of that movie drop significantly. It is something that the MPAA and the RIAA should notice, instead of trying to keep the world in an old outdated business model.

  2. RW says:

    Improving efficiency — time, energy, maneuverability, control, etc — of large planes on the ground is a problem that presents some interesting and potentially profitable solution possibilities.

    When an Airplane Needs a Taxi
    New Devices Aim to Boost Fuel Efficiency and Save Passengers Time at the Airport Gate

    Disclosure: I’m long the last entry in the article because some solutions are more interesting and potentially profitable than others IMO.

  3. WallaWalla says:

    The climate change paper is available, courtesy of its author, here.

  4. Jojo says:

    Who knew? I learned something from this:
    8 things worth knowing about eating sushi

  5. Jojo says:

    5,660 Bills
    113th Congress: Many Bills, Few Laws

    December 19, 2013
    As Congress prepares to head home for the holidays, a tally of one of the least productive years in history.


  6. Bob A says:

    Where do all those healthcare dollars go?
    Knee a little sore? We can get you in for surgery Wednesday at 10 Mr Jones