10 Sunday Reads

My easy-like-Sunday-morning morning reads:

• Why Wall Street traders are obsessed with Jesse Livermore (BI)
• Bernanke: Is Europe holding up its end of the bargain with Greece? (Brookings)
• Byron Wien on ‘Only Way to Make Serious Money’ (Barron’s)
• Gold Dreamers Face Harsh Reality (BV)
• Tesla’s New ‘Ludicrous Mode’ Makes the Model S a Supercar (Wired)
• Bloomberg’s culture is all about omniscience, down to the last keystroke (Quartz)
• Confederate Madness Then and Now: A British consul witnessed the cynical process that plunged the United States into civil war in the 1860s. His observations can teach us a lot today. (Daily Beastsee also Confronting myths about causes of the Civil War (McClatchy DC)
• How legal weed could change the future of sex (Fusion)
• She Reports, We Decided She’s Hot: Interview with Megyn Kelly, Fox News Anchor (GQ)
• The Freakish Year in Broken Climate Records (Bloomberg)

What’s for brunch?


Dividends A No-Go

Source: Bespoke Investment Group

Category: Financial Press

The Art of the Opening Shot

    Clips from movies in order of appearance: 2001: A Space Odyssey (1968), Metro-Goldwyn-Mayer (MGM) Apocalypse Now (1979), Zoetrope Studios The Untouchables (1987), Paramount Pictures TRON: Legacy (2010), Walt Disney Pictures Léon: The Professional (1994), Gaumont Lawrence of Arabia (1962), Horizon Pictures Touch of Evil (1958), Universal International Pictures Star Wars: Episode IV –…Read More

Category: Film, Weekend

How Amazon Changed Retail

Source: WSJ

Category: Consumer Spending, Technology

MiB: Howard Marks of Oaktree Capital

This week on our Masters in Business radio podcast, we speak with Howard Marks of Oaktree Capital. Howard Marks graduated cum laude in 1967 with a major in finance and a minor in Japanese Studies from the Wharton School at the University of Pennsylvania. He received his MBA from University of Chicago Booth School of Business…Read More

Category: Podcast

10 Weekend Reads

Good Saturday morning. Pour yourself a tall mug of slow brewed iced coffee, and settle in for our long form weekend reads: • Post-Capitalism: We are entering a new era as disruptive change come from information technology, new ways of working, and the sharing economy. The old ways will take a long while to disappear, but it’s time…Read More

Category: Financial Press

Ouzo on the rocks…

Source: ?

Category: Economy, Humor, Politics

Succinct Summation of Week’s Events (7/17/15)

Succinct Summation of Week’s Events: Positives: 1) Multi family housing starts jumped by 111k to 489k, the most since 1988 and permits rose to the highest since 1990. Single family starts though fell by 6k while permits were up by just 6k. 2) The July NAHB home builder sentiment index was 60, 1 pt more…Read More

Category: Markets

Last August, we called out the San Diego County retirement fund for paying way too much in fees to Salient Partners, its outside pension fund manager. Terrific reporting by Dan McSwain at the San Diego Union-Tribune alerted readers to a dramatic increase in the use of leverage once Salient took the reins. Last night, the county fired Houston-based…Read More

Category: Asset Allocation, Hedge Funds, Really, really bad calls

Actual vs. Estimated Earnings Growth 2005-2015

Reporting for second quarter earnings are ramping up. Two great informative charts from FactSet show Change in EPS and Estimates vs. Actual Earnings Growth:       Source: FactSet

Category: Earnings, Markets

10 Friday AM Reads

Finish your week strong with our free range morning train reads: • A Visual History of Market Crash Predictions (Fund Reference) • Luck vs. Skill in Active Management (WOCS) • The technical experts weigh in, and they’re pretty impressed with the Iran deal (MoJo) see also Iran deal: The best worst option (Judith Miller) • Interview: David Byrne: The man who chased the sounds…Read More

Category: Financial Press