Pour yourself a tall cuppa Joe, settle into your favorite with my favorite longer form writings from this week:

• Value Investing: An Introduction (Seeking Wisdom)
• Building The Next Pixar (FastCo)
• The Hidden Value of the NBA Steal (FiveThirtyEight)
• The Fascinating Neuroscience Of Color (FastCo Design)
• Income Equality: A Search for Consequences (NY Times)
• How Online Animal Rights Activists Helped Catch Luka Magnotta (Rolling Stone)
• The Drugging of the American Boy (Esquire) see also CDC: Autism rates rise in children by 30 percent (Boston Globe)
• State of Journalism: The Lost Art of Fact Checking (LinkedIn)
• Bush: He Remade Our World (NYR Books) see also What Pakistan Knew About Bin Laden (NY Times)
• That Chop on the Upbeat (Oxford American) see also Anatomy of an Earworm (New Yorker)

What’s going on this weekend?

 

 

As Broader Market Fears Fade, Gold Is Tarnished

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.

13 Responses to “10 Weekend Reads”

  1. VennData says:

    Michael Lewis on HFT (Only if you use “market” orders)

    ​”…[Lewis says high-frequency traders are] ‘able to identify your desire to buy shares in Microsoft and buy them in front of you and sell them back to you at a higher price … The speed advantage that the faster traders have is milliseconds — fractions of milliseconds…”​

    http://www.cbs.com/shows/60_minutes/video/jAtTcsIhSks_IiDOYedSnaXrFYCgXqkD/preview-rigged/

    ​ROFL! That’s what the floor traders did.​​ So what you want to go back to that? No thanks. Give me high speed computers competing with each other.

    Oh and don’t use market orders, goofball.

  2. barbacoa666 says:

    Today, need to make a decision whether to sell a rental home, go to gym, and catch-up on reading. With breakfast, reading-up on Russia/Ukraine issues at http://johnhelmer.net/.

  3. swag says:

    Although I prefer “Right Now!”, certainly “Dial M” deserves celebration:

    “Hang On! Pussy Galore Revisit Dial M for Motherfucker”

    Nick Hutchings talks to Jon Spencer, Julia Cafritz, Bob Bert, Neil Hagerty and Kurt Wolf about the twenty fifth anniversary of Dial M For Motherfucker

    http://thequietus.com/articles/14860-pussy-galore-dial-m-for-motherfucker-review

  4. willid3 says:

    do we really want to allow more ‘private’ justice for corporations? so that they can over ride national laws and courts?

    http://www.nakedcapitalism.com/2014/03/countries-rejecting-trade-deal-provisions-let-investor-panels-trump-national-regulation.html

  5. willid3 says:

    really?

    http://qz.com/193266/we-may-already-know-how-we-will-cure-death-but-should-we/

    do we really want to live forever? i guess that would also mean working forever too right?

  6. Jojo says:

    Where the F-Word Came From
    Melissa
    March 28, 2014

    By necessity, this one contains a bit of profanity. So you may or may not want to read through it first if you normally share these articles with humans of the particularly youthful persuasion. :-)

    In its various incarnations, the F-word can be a noun, verb, adjective, and even an infix. The Crescent wrench of the English language, the F-bomb has been adding emphasis, vulgarity and spice to our conversations for longer than anyone can remember.

    Early History

    http://www.todayifoundout.com/index.php/2014/03/f-word-came/

  7. Jojo says:

    Circa
    Studies find many US Army troops have mental illness
    U.S. – March 4, 2014

    A series of papers published in a major medical journal shed light on the prevalence of mental health issues in the U.S. Army.

    Nearly 25% of U.S. Army soldiers had a common mental illness, including ADHD and depression, and nearly half were diagnosed before enlisting. The findings stem from three papers published March 3 in JAMA Psychiatry based on interviews with 5,428 soldiers at Army installations across the country.

    The most common condition identified by the researchers was intermittent explosive disorder, characterized by bouts of rage. More than 8% of soldiers joined the Army with the disorder — six times the rate among the civilian population. Other mental illnesses also outpaced the general population.

    http://cir.ca/news/army-mental-health-study

  8. Jojo says:

    Bloomberg Businessweek
    Taxes
    Companies’ Offshore Profits Keep Piling Up
    By Richard Rubin | March 20, 2014

    U.S. corporations added at least $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. They have accumulated $1.95 trillion outside the U.S., up 11.8 percent from a year earlier, according to securities filings from 307 corporations.

    The increase in profits held outside the U.S. has been particularly large and steady at technology companies, many of which have assigned patents and other intellectual property to units based in low-tax locales. Three of them–Microsoft (MSFT), Apple (AAPL), and IBM (IBM)–accounted for $37.5 billion, or 18.2 percent of the total increase in 2013. In three years, Microsoft’s profits held offshore have more than doubled. Apple’s have more than quadrupled. Google’s (GOOG) stash has more than doubled in the past three years, to $38.9 billion from $17.5 billion.

    http://www.businessweek.com/articles/2014-03-20/companies-offshore-profits-keep-piling-up

  9. VennData says:

    BI is off his…

    http://www.businessinsider.com/companies-need-to-pay-people-more-2014-3

    The price for labor should be set by the market. If it is too low, then make public policy changes. If the store down the street pays less, investors, managers, lose.

  10. ch says:

    Barry – the “price of gold” the WSJ is incorrect. That is the “price of gold derivatives.” Owning a share of a “gold derivative” is simply a promise to get gold if you wanted it.

    I am sure your response to this will be “OK, then why aren’t people buying up the physical gold to arb the situation?”

    And the answer is: “What do you think China, Russia, Iran, India, Singapore, Thailand, Germany et al are doing?”

  11. thomas hudson says:

    thanks for the esquire article on adhd. had my son read it as well. ordered the book, as our family has some skin in that game.