It’s the middle of the week and we’re approaching the end of the summer. Have no fear, though, our expertly-curated morning train reads are here to help you: (continues here):
• Buffett: If you’ve got 160 IQ, sell 30 points to somebody else because you won’t need it in investing (Farnam Street)
• Stock market bubble? The warnings grow louder (CNN Money) but see Jim Cramer: This Stock Market Is Despised (The Street)
• Shiller’s CAPE and math (Statistical Ideas)
• The Cost of Looking for Luck (Chief Investment Officer) see also Do Superstitious Traders Lose Money? (SSRN)
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.