My afternoon train reading:

• The Glitch That Will Kill Bitcoin (Bloomberg) see also  Exchange glitch unsettles bitcoin world (WSJ)
• What Was John Bogle Thinking? (Rick Ferri)
• Does cutting government make it more efficient? (Noahpinion)
• Man vs. Machine? No, says Ray Kurzweil. Technology will make us smarter, healthier, more productive. (WSJ)
• Death by Finance by Dani Rodrik (Project Syndicate)
• Apple’s Tim Cook Discusses Emerging Markets and Plans for Cash (Digits)
• Andrew Ross Sorkin Is Not Sorry For Ripping Off Apology Website (Gawker)
• What the Heck is Happening to Windows? (Paul Thurrott’s SuperSite for Windows) see also Microsoft’s Mobile Muddle (stratēchery)
• If Ocean Heat Pump Switches On, Expect to Feel It (Bloomberg)
• Be grateful the Beatles broke up (Achenblog) see also Unlike Stones, Beatles Knew When to Quit (Bloomberg)

What are you reading?


S&P 500 Sector % Above 50-DMAs

Source: Bespoke Investment Group


Category: Financial Press

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3 Responses to “10 Tuesday PM Reads”

  1. ilsm says:

    Pentagon spending has only gotten more inept by throwing money fater failing systems. GAO reports this each Spring in its review of the major defense systems.

    If cutting unemployment benefits makes individuals better won’t killing the F-35 (as the F-22 should have been) make Lockheed more efficient?

    US is spending about the same on core pentagon programs as during the Reagan build up and all we get are $8000 coffee pots.

  2. rd says:

    An interesting analysis of the move to restricted stock awards to exeuctives for 2013 compared to previous awards of stock options:

  3. RW says:

    The big picture.

    Within the ecosystems of the Anthropocene culling occurs more frequently and generally much sooner so there is neither time nor opportunity for maturation much less grandeur …with the possible exception of the .01%, eh.

    Big Fish Stories Getting Littler

    Adjusting for time of year, and after checking and measuring 1,275 different trophy fish …in the 1950s, the biggest fish in the photos were typically over 6 feet — sometimes 6 feet 5 inches long. By the time we get to 2007 …the biggest fish were averaging only a foot, or maybe a little over.

    …When you’re young, you look at the world and think what you see has been that way for a long time. When you’re 5, everything feels “normal.” When things change in your lifetime, you may regret what has changed, but for your children, born 30 years later into a more diminished world, what they see at 5 becomes their new “normal,” and so, over time, “normal” is constantly being redefined to mean “less.”