Good morning. Some reads to start your workweek: (continues here)

• Learning to live with stocks at record highs (WSJ) see also Why a 66 Percent Crash Would Be Better Than a 200 Percent Melt-Up (Philosophical Economics)
•Does your portfolio manager have “skin in the game?” (Meb Faber)
• Whack-a-Mole Fund Managers Can’t Beat Index Funds (MarketWatch) see also Active Managers Must Work to Justify Fees (FT)
• For Richer or Poorer? Rich Families Face a Marriage Problem (WSJ)

continues here

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 Monday AM Reads”

  1. hue says:

    You can do anything with a law degree? No, no you cannot. (Slate)

    G.O.P.: Evil Mastermind Behind Benghazi Is Frail Old Woman With Brain Damage (Borowitz)

    Steve Kerr is tough enough to coach: The Golden State Warriors’ new hire is scarred by terrorism but not defined by it (ESPN) I heard about the PLO chant back in the day, and thought wow, wow. While Mark Jackson was unfairly canned, it’s hard to root against Steve Kerr.

  2. VennData says:

    Fox News Reports on Obama in Cooperstown

    “…President Obama reported today that he is making it easier for foreign terrorists to base their operations on U.S. soil….”

    “…And while in Cooperstown, home of the legendary Baseball Hall of Fame President Obama signed an executive order giving individuals making a million dollars a year or more a zero percent tax rate, unless that individual happens to be you…”

  3. SumDumGuy says:

    That “66% Crash better than a 200% Melt Up” blog post completely fails the smell test. Why would we have a 2% annualized 30 yr return while also having a 3% dividend rate?

    Wouldn’t it just be truer to say, over 30 years, whichever factor has a higher rate of return is more important?

  4. willid3 says:

    this just in. all of those mass shooters? were Democrats. so obviously just eliminate all of them, and mass shootings will go away

  5. rd says:

    An optimistic article about retirement finances:

    One thing he doesn’t mention is that much of the wailing and crying about retirement savings is looking at retirees who don’t have enought to get into their 90s financially sound. However, most people are unlikely to make it past their early 80s, so the average person is better off than the various retirement planning calculators would indicate.

  6. rd says:

    Financial innovations with minor rule changes to deregulate the game of Monopoly can bring the magic of Jefferson County finances into your living room (assuming you still have a living room after the bankers and mortgage servicersx got though with you in the real life game of Monopoly)!