10 Monday AM Reads

My morning train reads:

James Montier: Maximizing Shareholder Value Is The Dumbest Idea In The World (Business Insider)
• My (Somewhat Tepid) Defense of Hedge Funds (AQR Capital) but see Seeking Clarity Within the Hedge Fund Mirage (Brandes Inst)
• The marijuana industry could be bigger than the NFL by 2020 (Washington Post)
Housel: How to Learn From Market Mistakes (WSJ)

Continues here

 

Category: Financial Press

The Signaling Channel for Federal Reserve Bond Purchases

Category: Think Tank

Why Is John Oliver So Good?

1. He tells a story. America is built on narrative. Although BuzzFeed has made inroads, it’s got no soul and no true fans, because the way you make people bond to you is by going deep, by hooking them and drawing them in like an angler lands a fish. You can’t be too aggressive, you…Read More

Category: Humor, Television, Think Tank

Why There Are Two Standards for Financial Advice

> My Sunday Washington Post Business Section column is out. This morning, we look at the various legal standards of care financial advisors must adhere to. The print version had the full headline Why Two Standards for Financial Advice? while the online version was Find a financial adviser who will put your interests first. As I…Read More

Category: Finance, Investing, Legal

10 Sunday Reads

Good Sunday morn. Pour yourself a mug of coffee and settle in for our our Easy like Sunday Morning reads: • Stocks Rally on Upbeat Earnings Reports (Barron’s) see also  Investors Resume Rush for Stocks, but Fears Lurk (WSJ) • The Truth Hidden by IBM’s Buybacks (DealBook) • Why Being an Entrepreneur Is Harder Than Running Merrill…Read More

Category: Financial Press

Chair Janet L. Yellen At the Conference on Economic Opportunity and Inequality, Federal Reserve Bank of Boston, Boston, Massachusetts October 17, 2014     The distribution of income and wealth in the United States has been widening more or less steadily for several decades, to a greater extent than in most advanced countries.1 This trend…Read More

Category: Federal Reserve, Think Tank

Big Hero 6

Trailer 1 ~~~ Trailer 2 Source: Wired

Category: Film, Weekend

Execution

1. Ideas are a dime a dozen, execution is everything. 2. We do not live in a pitch economy, almost no one is buying ideas, they’re buying companies, they’re buying something active that is generating capital. 3. We’re all Missourians today, that’s right, we all live in the SHOW ME state. We want to see…Read More

Category: Think Tank

MiB: Paul Krugman

This week’s Masters in Business Radio show at 10:00 am and 6:00 pm on Bloomberg Radio 1130AM and Siriux XM 119 (it also repeats all weekend). Our guest this week is Paul Krugman, Nobel laureate, Princeton professor of economics and New York Times columnist and blogger. You can listen to the show live here. Shortly…Read More

Category: Podcast

10 Weekend Reads

Welcome to the weekend. Pull up an easy chair, tall yourself a hot cup of joe, and enjoy our longer form weekend reads: • Making the world’s problem solvers 10% more efficient: Ten years after a Google engineer empowered researchers with Scholar, he can’t bear to leave it (Medium) • Wake Up, Europe by George Soros (New York…Read More

Category: Financial Press