My morning train reads (Continues here):

• Cherry Picking Gold Data (Irrelevant Investor)
• To Tilt or Not to Tilt (Rick Ferri)
• How Geopolitical Threats Affect the Stock Market (Reformed Broker)
• Latest DALBAR report underscores poor long-term performance of individual investors (The Mathematical Investor)

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.

9 Responses to “10 AM Friday Reads”

  1. RW says:

    The Norris piece linked in the click-through today, Citigroup’s Settlement, Pro and Con, was a good overview of the case against Citi IMO but Norris’s conclusion that “it may well be true that actions like Citigroup’s were necessary for any bank that wanted to stay in what then appeared to be a highly profitable business” leads Dean Baker to raise a point that’s been made here as well:

    …Undoubtedly Norris’ statement is true. However, the market dynamic might be different if this settlement were different.

    …Citigroup’s settlement will not change the tradeoffs from what Citigroup’s top management saw in 2006. As a result, in the future bankers are likely to make the same decisions that they did in 2006.

  2. rd says:

    I am generally not a Megan McArdle fan, but I think she hit the nail on the head with this column about child safety.

  3. hue says:

    Facebook Is Studying Your Mom, Your Makeout Buddy, and Your 9/11 Conspiracy Theories (MoJo)

    A Push to Give Steadier Shifts to Part-Timers (NYTimes) Innumerate Nation: Don’t Count on People to Understand Finance (BloomieViewmie)

    • hue says:

      States of Pain: Forget Red States vs Blue States, It’s Painkiller States vs Just Weed & Alchy States (npr) In Alabama, which led the country, there were 143 painkiller prescriptions for every 100 people in 2012.

      #NewStateSlogan Alabama: Share The Wonder of Oxycotin. Kansas, as broke as you think

      RIP Johnny, Frankenstein

  4. willid3 says:

    the SEC really doesnt some thing for people as opposed to its customers? depends i suppose on how you define people i suppose huh?

  5. ch says:

    Betting on gold is un-American? Warren Buffett’s father, Congressman Howard Buffett, strongly disagreed: