Welcome back to the Monkey House! (with all due respect to Kurt Vonnegut). This morning, we have some expertly curated reads to start off your week ( Continues here):

• A Long-Term Investor’s Guide to Beating the Odds (City Wire Global)
• Where did money go in Q2? (Irrelevant Investor)
• Are you more financially literate than a 15-year-old? (Real Time Economics)
• Pension funds seek ‘sweet spot’ in alternatives (FT)

 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.

11 Responses to “10 Monday AM Reads”

  1. hue says:

    How Tinder co-founder Whitney Wolfe hacked Metcalfe’s Law
    Or, why even genius-level marketing gets no respect in Silicon Valley. (Medium well)

    Lessons from Gaza: The power of any high-tech military is way less than it seems on paper (The War Nerd: PandoDaily)

    Happy Bastille Day: Why the U.S. should care about the French holiday (USA Today) let them eat pictures of cake on instagram

  2. hue says:

    last LeBron links, i swear

    Kareem: Why LeBron Can’t Go Home Again (Time) Back in college, my stoner friends and I didn’t appreciate Kareem and the beauty and efficiency of the sky hook. (7 footers today rather shoot 3s.) then we heard that Kareem “didn’t want to hangout with anyone at UCLA who didn’t get smoke reefer.” Kareem wrote, “LeBron is one of the best players in the world” in present tense. To catch MJ, LeBron should switch sports in his prime, play WR in the NFL because he is such a diva like most receivers.

  3. rd says:

    Two of the best perspectives I have seen on the theory vs practice of the Laffer Curve:



    The Daily Beat has an explanation of the continued application of the Laffer Curve:

  4. Jojo says:

    MONDAY, JUL 14, 2014 04:45 AM PDT
    Scalia’s major screw-up: How SCOTUS just gave liberals a huge gift
    With an otherwise awful Hobby Lobby ruling, right-wing judges just said I don’t have to pay for warfare! Here’s why


    Before a recent visit by Justice Scalia to Wesleyan University, I (a lowly research fellow) gained an invitation to a banquet in his honor by employing a typical Quaker mix of idealism, stubbornness and low cunning. Once there, I thanked the eminent jurist for his liberal ruling in Crawford v. Washington, concerning the right to confront witnesses in criminal proceedings. This remark drew from him the quip that he ought to be a pinup in every public defender’s office in the nation, because sometimes he was forced by clearly established constitutional principles to rule in favor of people he couldn’t stand.

    With this in mind, I’m celebrating him for yet another socio-political gift to progressives and suggesting that he doesn’t need to wear a thong — a modest bathing costume of 1910 vintage will do — in the poster religious pacifists like myself will want now that he and his brethren have ruled for Hobby Lobby et al., to the effect that private persons/corporations do not have to fund activities that violate their faith — such as the use of an IUD by an employee who may not even share that faith.

    The upshot of the ruling is that Hobby Lobby and other businesses with conservative religious owners do not need to pay for what the Affordable Care Act mandates as full coverage for family planning. The public interest in affordable and accessible healthcare is not compelling enough to override the private belief that contraceptive methods including (but apparently not limited to) the IUD and the morning-after pill are murder. Well, I’m a pacifist, and I say that warfare is murder, and I don’t want to pay for it; and in recent decades the public interest in my paying for it hardly looks compelling.



  5. VennData says:

    Rich folks get special bank deals.


    If it’s a unadvertised, how do you find out? The Guangdong Country Club? LOL.

    If every millionaire in CHINA opens a Schwab account and put a million bucks into this sock away for safety that would add two trillion in buying to the S&P500, assuming on average they all index.


  6. willid3 says:

    flying will be even less fun


    almost as good as that standing during flights proposal

  7. willid3 says:

    more reason for corporations to move their HQ?


    after all if you still all of the benefits (including contracts) without paying taxes?

    whats the down side?

  8. willid3 says:

    is the US as corrupt as a 3rd world country?


    depends on whether you think that only a subset of the country owns an out sized share of the wealth in the country

  9. rd says:

    Apparently you can FOIA cafeteria complaints at the CIA. Who knew? We can find out why CIA employees prefer individual ketchup packs but little else about how are government is run.


  10. willid3 says:

    hm wonder what could go wrong with this


    they do remember how AIG did with well know policies it sold right?