Nobel Prize-winning economist Robert Shiller talks with WSJ’s Jason Zweig about market valuations and investors’ expectations. (see full article WSJ)


Category: Psychology, Video

What If You Were the World’s Greatest Stock Picker® ?

Even if you could pick huge winners, could you hold them? Barry Ritholtz Washington Post, October 5, 2014       Let’s imagine for the moment that you are the World’s Greatest Stock Picker®. You have an uncanny talent for ferreting out “the next Microsoft” — companies that are on the sharpest edge of what’s…Read More

Category: Apprenticed Investor, Investing, Psychology

MiB: BAM’s Larry Swedroe

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 Larry Swedroe, best known as research director for the BAM alliance, and author of  14  books on investing. You can listen to the show…Read More

Category: Podcast

10 Weekend Reads

Heckuva a week. Settle into your favorite easy chairs, pour yourself a hot cup-o-joe, and reflect on some of the bigger issues with our longer form weekend reads: • Can C.E.O. Satya Nadella Save Microsoft?  (Vanity Fair) • Finding a Video Poker Bug Made These Guys Rich—Then Vegas Made Them Pay (Wired) • How to Read an Annual Report…Read More

Category: Financial Press

Kiron Sarkar’s Weekly Report 10.11.14

The ECB has kept the Eurozone (EZ) afloat to date. However, I can’t help feeling that it is running out of options. A QE programme, involving the purchase of EZ sovereign debt, remains unlikely primarily due to German opposition. The ABS/covered bond purchase programme, combined with the TLTRO’s will help, but will not be enough…Read More

Category: Think Tank

Bill Murray on Howard Stern

Category: Film, Weekend

Succinct Summations of Week’s Events 10.10.14

Succinct Summations week ending October 10th Positives: 1. Despite the recent bout of volatility, the S&P 500 is just under 5% off its all-time highs. 2. The national price of gasoline fell to $3.24, the lowest since December 2013. 3. Initial jobless claims came down to 287k while the 4 week average is at the…Read More

Category: Markets

U.S. Stocks Erase the Years Best Rally: What’s Next?

Stocks fell around the world, and oil extended declines after entering a bear market on mounting concern that global economic growth is slowing.

Source: Bloomberg, Oct. 10 2014

Category: Media, Video

Wherein I Correct Nobel Laureate Daniel Kahneman’s Math

I am a fan of Morgan Housel, columnist at the Motley Fool. His writings evince a strong understanding of behavioral issues, and he has a gift of sifting through the nonsense to get to what really matters. Only on rare occasions do I get to disagree with him. Today is one of those times. Housel has…Read More

Category: Bad Math, Psychology

10 Friday Reads

Time flies when the market swings — and today looks rough as well. Your morning reads have arrived just in time: • Why did the stock market plummet Thursday? (TRB)  see also  Stocks Worldwide Extend Selloff as Brent Falls With Metals (Bloomberg) • Monetary policy: An unconventional tool — The Fed’s quantitative easing raises questions about…Read More

Category: Financial Press