10 Monday AM Reads

Start the workweek — and the beginning of earnings season — right with our hand-curated morning train reads:

• The $9 Trillion Short That May Send the Dollar Even Higher (Bloomberg)
• Wall Street Banks’ Mutual Funds Can Lag on Returns (NYT)
• Diversification: The “Impossible Trade” is working (TRB)
• Mourn the fall of the mall: The symbol of US consumerism, the shopping mall, is crumbling. (Aljazeerabut see Americans Are on a Shopping Spree (Bloomberg View)
• What Causes Recessions? (Bloomberg View)

Continues here


Category: Markets

The Ultimate Conspiracy Theory

Source: New Yorker, Cartoon by Jacob Samuel h/t Umair

Category: Humor, Science

Jobs: More Slowly Created, More Slowly Destroyed

Category: Employment, Think Tank

60 Minutes: Hack Attack on Sony

North Korea’s cyberattack on Sony Pictures exposed a new reality: you don’t have to be a superpower to inflict damage on U.S. corporations

If most people remember anything about the North Korean government’s cyberattack against Sony Pictures last November, it’s probably that there was a lot of juicy gossip in leaked emails about movie stars, agents, and studio executives. There was also an absurd quality to the whole episode, which was over an ill-advised movie comedy about the assassination of North Korea’s leader, which the North Koreans did not find funny. The weirdness of it all has obscured a much more significant point: that an impoverished foreign country had launched a devastating attack against a major company on U.S. soil and that not much can be done about it. In some ways it’s another milestone in the cyberwars which are just beginning to heat up, not cool down.


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Category: Video, War/Defense, Web/Tech

London Napa Valley, CA (displays earth movement after the earthquake) Source: Bloomberg

Category: Digital Media, Science, Technology

Common Sense Security for Your Portfolio Assets

    My Sunday Washington Post Business Section column is out. This morning, we look at how to avoid usual errors when you are managing your online banking, investment, and retirement accounts: Protect your assets by practicing common-sense cybersecurity. Here’s an excerpt from the column: “We spend most of our time in financial markets looking at ways…Read More

Category: Investing, Web/Tech

10 Sunday AM Reads

Round out your Sunday morning with our easy like Sunday morning reads: • Fidelity CEO Abigail Johnson’s Blind Spot (TRB) • Greening Your Portfolio (Slate) • CNBC’s SquawkBox Has Lowest Nielsen Rating In Its History (Zero Hedge) • A Cynic’s Guide To Fintech (Medium) • Middle Class, but Feeling Economically Insecure (NY Times) but see The rich get government handouts just like…Read More

Category: Financial Press

Mad Max: Fury Road – Official Main Trailer

The world goes mad May 2015.


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Category: Film, Weekend

Internet Rules

NEVER TRY TO CORRAL THE CUSTOMER People balk at being controlled. Once you place limits, the public abandons you or finds a way to circumvent what you are doing. Give people the opportunity to do more, to expand their horizons, to share. Once you tell them what they cannot do, you’re screwed. This is why…Read More

Category: Consumer Spending, Corporate Management, Web/Tech

MiB: Rick Ferri, Portfolio Solutions

This week, our Masters in Business radio podcast features Rick Ferri, founder and CIO of Portfolio Solutions. Ferri is a retired Marine Corps officer fighter pilot who spent the first decade of his finance career working as a traditional retail stock broker. At Smith Barney, he proposed to the company’s CEO, Jamie Dimon, an idea for a low…Read More

Category: Podcast