10 Weekend Reads

Happy July Fourth. Pour yourself a tall glass of iced coffee, and settle in for our longer form weekend reads:

• American Failure: The 401(k) is hailed as the future, but it’s horribly flawed. A select few firms are trying to change that. (Chief Investment Officer)
• This Is How Uber Takes Over a City (Bloomberg)
• The Surprisingly Imperfect Science of DNA Testing (Frontline)
• U.S. Chamber of Commerce Works Globally to Fight Antismoking Measures (NYT) see also “The poor, the young, the black and the stupid”: Inside Big Tobacco’s plans to kill a billion people (Pando Daily)
• 5 Days That Left a Confederate Flag Wavering, and Likely to Fall (NY Times)
• Silicon Valley High: Going to the same high school as Steve Jobs and liking it are two different things. (Morning News) see also Does Silicon Valley Have a Contract-Worker Problem? (NY Mag)
• Who, What, Where, When, Weird: How oddball items came to dominate the news business, and became normal in the process. (Pacific Standard)
• London: the city that ate itself: The things that make it special – the markets, pubs, high streets and communities – are becoming unrecognisable (The Guardian) see also Why I’m leaving London (BoingBoing)
• The Father-Son Feud that Built an Empire of Food: How a great culinary institution was born. (Narratively)
• Humanity’s Most Problematic Attempts to Get All the Water (Nautilus) see also Rich Californians balk at limits: ‘We’re not all equal when it comes to water’ (Washington Post)

Be sure to check out our Masters in Business interview this weekend with Omega Advisor’s Leon Cooperman.


What I’d Be Trumpeting If I Were Tspiras

Source: Macro Man


Category: Financial Press

An Early Return of Stephen Colbert

Only In Monroe — July 2015

Category: Humor, Weekend

Apple Music-First Impressions

This would be a rave, at least a qualified one, if it weren’t for those pesky interface issues. And if I have them, what about the punter Apple and the industry hope to get on board and pay? The service is much more comprehensible in iTunes. At nearly 4 PM, Apple pushed iTunes 12.2 to…Read More

Category: Music, Technology, Think Tank

10 Friday AM Reads

A mere 3 day weekend will not prevent our morning reads from their daily route: • 4 percent unemployment might be the new 5 percent unemployment (WaPo) but see The New Jobs Numbers Are Weaker Than They Look (NYT) • 9 myths about the Greek crisis (Politico) • A Venture Capital Giant Says: Bubble? What Bubble? (Dealbook) • Things That Matter (Certifiable Planner) • Bitcoin…Read More

Category: Financial Press

Ghibli Spyder

Source: Classic Driver

Category: Weekend

Category: Think Tank

Comedians in Cars Getting Coffee: Jim Carrey

Source: Comedians in Cars Getting Coffee

Category: Humor, Video, Weekend

Major League Baseball Players Born Abroad

Source: Dadaviz

Category: Digital Media, Sports

A Reliable Contrarian Indicator

Source: Bank of America, Merrill Lynch

Category: Data Analysis, Markets

The Ten Harsh Financial Commandments

Mike Batnick is the head of research for RWM; His tumblr is an outstanding assortment of real time analysis, data and perspectives. This was one of my favorite pieces of his:   The Ten Harsh Financial Commandments I) You will not buy low or sell high. II) You will cut your winners and let your losers…Read More

Category: Humor, Investing, Rules