10 Thursday AM Reads

My morning train reads:

•  How to become an equity fund manager  (Banker’s Umbrella)
• That was nuts, what’s next? Goldman edition (FT Alphaville) see also Goldman Sachs Shows Investors Path Out of Economic ‘Wonderland’ (Bloomberg)
• China’s slowdown is secular, not cyclical (FT)
• Lies Investors Tell Themselves (Wealth of Common Sense) see also Financial Market Cognitive Dissonance​ (PIMCO)
• Eisinger: Pity the poor banks, hounded by regulators (Dealbook)

 

Continues here

 

 

Category: Financial Press

Walmart: King of Solar Power Adoption

Source: Slate

Category: Corporate Management, Energy, Technology

Your Brain In Numbers

What gives you headaches? Is your brain shrinking? Find out the answers and much more, right here!

Category: Science, Video

10 Wednesday PM Reads

My afternoon train reads: • The world’s best market timers: the Federal Reserve (Marketwatch) • Hedge Funds Take Another Hit as Spinoff Stocks Fizzle (WSJ) see also Misery Widespread at Hedge Funds (WSJ) • Swedroe: Valuations And Asset Allocation (ETF.com) • Yes, Market Volatility Is a Job-Killer (Real Time Economics) • New York Fed Caught Sight of London Whale…Read More

Category: Financial Press

Asset Classes: Real 10-Year Expected Return

Source: Research Affiliates   Rob Arnott of Research Affiliates writes: In a world of low bond yields and slow economic growth, historically realized 5-6% real (7-8% nominal) asset class returns may be unrealistic expectations for the future. In other words, assets with above-average valuations may not deliver the sort of returns people came to expect…Read More

Category: Asset Allocation, Investing, Markets

You Are Worrying About the Wrong Things

No, you are not going to die from Ebola. To quote a wag on Twitter, “More Americans have been married to Kim Kardashian than have died from Ebola.” But the latest scare does have a small positive: It provides me with yet another opportunity to lecture you about how incredibly dumb your lizard brain is….Read More

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

10 Wednesday AM Reads

My morning train reads: • U.S. Stocks Surge; Nasdaq Up 2.4% (WSJ) but see Hong Kong Stocks Defy Protests to Post World’s Best Gain (Bloomberg) • Investors Hiring: Mathematicians and Artists Need Apply (Institutional Investor) • Cassidy: Is the Chinese Economy About to Fall Off a Cliff? (New Yorker) see also The Top 10 U.S….Read More

Category: Financial Press

Best-performing Unconventional Alternative Investment Ranking

Source: Bloomberg

Category: Digital Media, Hedge Funds, Markets

Enhancing Financial Stability by Improving Culture in the Financial Services Industry October 20, 2014 William C. Dudley, President and Chief Executive Officer ~~~ Remarks at the Workshop on Reforming Culture and Behavior in the Financial Services Industry, Federal Reserve Bank of New York, New York City As prepared for delivery     As I noted…Read More

Category: Think Tank

What Town Should We Visit Next?

  We just got back from D.C. where we visited lots of existing (and future) clients. We also met lots of folks who were interested in LiftOff. We are planning our next trip for earlier next year, and decided to throw this open to the crew: What town should we visit next? If you would…Read More

Category: Asset Allocation, Investing