My afternoon train reading:
• The Single-Best Metric: EV/EBITDA (Crossing Wall Street)
• American Idle: Five Reasons We Hate the Stock Market (Reformed Broker) see also Stock traders with need for speed turn to laser beams (WSJ)
• Current liquidity-driven markets may be an Aberration, but Stubborn Aberrations Are Worth Paying Attention to (Tocqueville Funds)
• Is U.S. Housing Unaffordable? It Depends on How You Chart It (Real Time Economics)
• The Vampire Squid Strikes Again: The Mega Banks’ Most Devious Scam Yet (Rolling Stone)
• Characteristics of the Monied “Like” Button (Civilization Systems) see also Who ‘likes’ my Virtual Bagels? (BBC)
• Leaked Records Reveal Offshore Holdings of China’s Elite (ICIJ)
• 25 Horrible Things That Happen If You Don’t Get Enough Sleep (Business Insider) see also Does a More Equal Marriage Mean Less Sex? (NY Times)
• Google Earth: how much has global warming raised temperatures near you? (The Guardian)
• How the Beatles Went Viral: Blunders, Technology & Luck Broke the Fab Four in America (Billboard)
What are you reading?
Even Among the Richest of the Rich, Fortunes Diverge
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.
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