Happy Friday the 13th with a full moon, too! Next one is in 2049 (continues here).

• Stocks, Bonds Not Cheap but Not Rich (Barron’s) see also S&P 500 has gone 37 trading days without a 1% daily change, second-longest streak in 15 years (MoneyBeat)
• Guide to the Growing Interest in MLPs (Fidelity)
• Do We Need a Recession for a Meaningful Correction in Stocks (A Wealth of Common Sense) but see also The Problem with Market Timing (Rick Ferri)
• The Investor Class Gets Another Raise This Year (Reformed Broker)

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 Friday AM Reads”

  1. hue says:

    This map shows how violence in Iraq could threaten the oil supply (Vox)

    Silicon Valley Tries to Remake the Idea Machine (NYTimes)

    How Michael Jordan Made $90 Million In 2013 (Forbes)

  2. willid3 says:

    coming soon


    your car will tell on you. and it will cost you as your insurance sky rockets. and may get you a ticket mailed to you.

    even if the car is wrong about the speed limit

    why CEO pay is high? the great leader paradox?

  3. willid3 says:

    southwest airlines

    why is it so successful in a business where that is unusual
    and its not just a short term thing

    maybe its how they treat employees?


  4. Jojo says:

    How about bulletproof walls and windows in all schools? Sheese. When we look back, America’s gun fixation and school shootings are going to be a considered a significant factor in why centralized schools became abandoned and why all education was [then] conducted over the net in the privacy of each child’s home. Won’t do much for developing social skills though.
    Product aims to mitigate school shooting carnage
    Under the assumption that school shootings are here to stay, Iowa teachers develop ‘The Sleeve’ as a protection method
    June 12, 2014 4:39PM ET

    With prospects for gun control legislation largely stalled or non-existent across the United States, and with a growing tally of mass shootings in Portland, Seattle and Las Vegas fresh in American minds, a few Iowa middle school teachers have invented a device they say can protect people from mass shootings.

    In the latest attempt to find peace of mind in a country where indiscriminate gun violence appears to be the new normal, Fighting Chance Solutions has created a number of devices including the bulletproof backpack and the bulletproof blanket to try and protect against violent acts in a country that assumes a ready supply of guns.

    It’s newest invention, “The Sleeve,” is a new take on a traditional doorjamb that prevents a door from being opened from the outside. Priced at $65, its inventors see it as an affordable prevention method to protect students and teachers.


  5. Jojo says:

    New study suggests patent trolls really are killing startups
    Heavy patent litigation scared off about $22 billion in VC funding over 5 years.

    by Joe Mullin – June 11 2014, 5:55pm PDT

    Patent reform advocates have long argued that “patent trolls”–companies that do nothing but sue over patents–are harmful to innovation, not just a plague on big companies. A new study attempted to find out if there’s any real data behind that accusation or if it’s just a few sad anecdotes.

    Turns out there is a very real, and very negative, correlation between patent troll lawsuits and the venture capital funding that startups rely on. A just-released study [PDF] by Catherine Tucker, a professor of marketing at MIT’s Sloan School of Business, finds that over the last five years, VC investment “would have likely been $21.772 billion higher… but for litigation brought by frequent litigators.”

    The study defines “frequent litigators” as companies that file 20 or more patent lawsuits, which limits the definition to true-blue “patent trolls,” or Patent Assertion Entities (PAEs), the term used by the paper. The study covers the period from 1995 to 2012.

    Tucker’s paper estimates a 95 percent confidence interval for the amount of lost investment to be between $8.1 billion and $41.8 billion. Those numbers are relative to a baseline of just under $131 billion of investment that actually occurred during that five-year period of time.