10 Monday PM Reads

My morning afternoon train reads (Ccontinues here):

• Get There: Washington Post’s new section on Personal Finance (WaPo)
• Chasing Past Peformance is Expensive (Irrelevant Investor)
• Rate Outlook: Invest for Uncertainty (Fidelity)
• An Emerging Price War in the World of Investment Advice (NYT)
• Corporate Profit Margins Have Officially Hit New Highs (Business Insider)
• A New Vision of VIX (Barron’s)
• Too Much Corn With Nowhere to Go as U.S. Sees Record Crop (Bloomberg)
• Its Edge Intact, Vice Is Chasing Hard News (NYT) see also Vox not living up to the hype, explained (Politico)
•Microsoft Admits Keeping $92 Billion Offshore to Avoid Paying $29 Billion in U.S. Taxes (International Financial Times)
• Yoga Makes You a Quicker, Better Thinker, Study Finds (Time) see also How Science Sold Me on Meditation, with Dan Harris (Big Think)

What are you reading?

 
Fewer Workers in the US Are Worried About Job Setbacks

Source: Gallup

 

 

Category: Financial Press

Millennial Consumers

click for complete graphic
millenial

 

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Category: Consumer Spending, Digital Media

Got Math? Odds Are, You Don’t Understand Probabilities

Last week, we discussed the problems with having poor reading comprehension and the impact that has on consuming news. This week, I want to look at the lack of math skills. America seems to becoming a dangerously innumerate society. Innumeracy is incompetence with numbers rather than words. This is a worrisome issue for the future…Read More

Category: Apprenticed Investor, Bad Math, Data Analysis, Really, really bad calls

10 Monday AM Reads

Welcome to the last week of the summer! (How did the time slip away?) Enjoy your last days on the beach, we’ve got you covered with our honey-glazed morning reads: (continues here): • The Decline and Fall of Fund Managers (MoneyBeat) see also More than 10% of S&P 500 Assets Now Passive (Chief Investment Officer) •…Read More

Category: Financial Press

Labor Market Dynamics and Monetary Policy Chair Janet L. Yellen FRBKC Economic Symposium Jackson Hole, Wyoming August 22, 2014     In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the…Read More

Category: Employment, Federal Reserve, Think Tank, Wages & Income

Behavioral Economics and Macroeconomic Models

Category: Psychology, Think Tank

The System Worked (?!)

Dan Drezner, author of The System Worked, discusses how we avoided another Great Depression.

Category: Bailouts, Video

Ponzi Scheme Tracker

Cool data collection

Category: Investing, Legal, Psychology, Really, really bad calls

Time — Not Timing — is Key to Investing Success

> My Sunday Washington Post Business Section column is out. As a follow up to our previous discussion of the World’s Greatest Trader®, this  morning, we look at the Worlds Greatest (and Worst) Market Timer®. As we did last time out, we assumed magical powers for our theoretical trader, giving him the ability to bottom…Read More

Category: Apprenticed Investor, Asset Allocation, Investing

10 Sunday Reads

We wrestle the non stop parade of content into submission: • No bubble to burst: U.S. student debt is not housing (Vanguard) • Why Are You Outperforming? Why Are You Underperforming? (Meb Faber) • Norway’s gargantuan sovereign wealth fund, by the numbers (Quartz) • An Unfinished Chapter at Countrywide (NYT) • The Housing Being Built…Read More

Category: Financial Press