I try to avoid investments where the upside is limited, but the downside is unlimited. ?That’s the way I feel about junk bonds now. ?Have junk?yields been lower?before?? No, we have eclipsed the time in 2013 when the junk?market was in a yield frenzy, until Bernanke uttered the word “taper.”
There are a lot of desperate retirees seeking income, assuming it is free, and not merely a return of capital. ?There are a lot of desperate people seeking certainty in investing and do not realize that dividends are a handmaiden of value, and not value itself.
There are a lot of desperate pension plans looking to make up for lost time, and hoping against hope, buying dividend paying and growth stocks, high-yield bonds, alternatives like hedge funds, private equity, etc., at the wrong time.
Those are the things you should buy when stocks are cheap and people are scared to death. ?You sell them when people are confident, and valuations are high.
Valuations are high; not nosebleed high as in 2000, but high as in comparable to the peak in 2007. ?Could things go higher? ?Yes, but you are playing for pennies and risking dollars in the process. ?Those with a value and quality discipline will likely fare better in the process, but markets are messy, and what actually happens will be a surprise.
Thus I would encourage you to consider the credit quality of your stocks and bonds. ?What kind of shock could they withstand? ?When yields?are?low, like they are now, the system is less resilient to credit crises. ?Be aware, and be on your guard.
Yellen Comments Boost Demand for Treasury Bonds?http://t.co/2lzFhL97br?Carry trade rescued, grows larger 4a later day of reckoning $$ $TLT?May 10, 2014
One of the Best Retirement Deals 9 of 10 People Ignore?http://t.co/oYw4xRjEdc?Contribute 2a Roth 401(k) & save big on future taxes $$ $TROW?May 10, 2014
NYSE to Curtail Order Types Amid Debate Over Their Fairness?http://t.co/JOlTvX7sie?Will b interesting 2c what they curtail $$ Affects my biz?May 10, 2014
What Baby Boomers? Retirement Means For the US Economy?http://t.co/GuECsqqWHA?Cheer up, the US is in better shape than rest of the world $$?May 10, 2014
I’m worried about a crisis bigger than 2008: Faber?http://t.co/JwpcvxA53o?”For the next six months, maybe cash is the most attractive.” $$?May 10, 2014
When Stocks and Bonds Disagree?http://t.co/BGbY9Y0C2L?@reformedbroker points out anomaly. Bond mkt bigger than stock mkt, should b right $$?May 07, 2014
research puzzle pix by tom brakke?http://t.co/xtPUCU7PDj?Bloat, which I would measure by number of days to trade away the portfolio $$ $SPY?May 07, 2014
Ten Surefire Trading Rules To Make You Rich?http://t.co/fHqVJkaVuj?@reformedbroker tongue-in-cheek way of telling you what not to do $$ $SPY?May 06, 2014
Early Tap of 401(k) Replaces Homes as American Piggy Bank?http://t.co/x16yXooOSx?If you don’t have an “out” door 4 $$, less will go “in”?May 06, 2014
The bond market is giving the stock market angst?http://t.co/rfuGqyaPTK?2 many long bond shorts, economic weakness, low govt-measured inf $$?May 06, 2014
Free Life-Insurance Offer Scrutinized?http://t.co/EZz4zbJsXS?Nothing is free; this will come out of the life insurer dumb enough 2sell it $$?May 06, 2014
Bond Returns Post Global Records as Warnings Go Unheeded?http://t.co/t0aXCtsu8T?Long bond buyers need to fund long liabilities & momentum $$?May 06, 2014
Borrowing Cash to Buy Complex Assets Is In Vogue Again?http://t.co/8urmZjge1i?Borrowed $$ is mostly being used 2buy AAA CLOs; 10x lev ~ 8%yd?May 06, 2014
Can?t Find Enough 30-Year Treasuries to Buy? Here?s Why?http://t.co/tmFjBQ4emS?Fed buying, also pensions, life insurers & speculators $$?May 05, 2014
?
Banks
Covered Bond Talks Intensify as Bank Liquidity Rules in Play?http://t.co/aM7LuzeXIK?Denmark needs bank capital concessions 4covered bonds $$?May 10, 2014
Bitcoin Breakthroughs Studied by Banks the Currency Is Out to Replace?http://t.co/Frls6s04am?May not be a currency, but a payment system $$?May 10, 2014
JPMorgan Joins Wells Fargo in Rolling Out Jumbo Offerings?http://t.co/9mJFfYArs2?High end of residential housing market is hot $$ $JPM $WFC?May 10, 2014
Fed 2 Bank Giants: Don’t Get Bigger Via Mergers?http://t.co/fjw4dDAAIZ?Have >10% of total financial system liabs can’t merge $$ $BAC $C $JPM?May 10, 2014
The Real Reason Big Banks Stay Big?http://t.co/GRvSHhDAUx?The larger the bank, the larger the management pay packets $$ $C $BAC $WFC $JPM?May 06, 2014
Rest of the World
Russian Aggression Prompts Finnish-Swedish Military Pact?http://t.co/K9amWYRP0F?It’s not an expansion of NATO yet, but reaction 2 Russia $$?May 10, 2014
China Property Slump Adds Danger to Local Finances?http://t.co/WXdGmStbU5?Local govts rely on selling property 4 revenue; now what to do? $$?May 10, 2014
Ukraine’s Arms Industry Is Both Prize and Problem for Putin?http://t.co/1RNJMzBvQ6?Has many arms joint ventures w/ Ukraine $$ #irony $MACRO?May 10, 2014
Panama Can School US on Immigration?http://t.co/2UYhldzlPJ?”Panama is the kind of country the US once was: quick to embrace workers.” $$?May 10, 2014
Draghi?s Euro Angst Rising as Rally to $1.40 Pummels?http://t.co/nLzHP74nYE?What will he do? Sell Euros & buy Dollars? Has 2 many $$ now.?May 10, 2014
Accident Leads to Scrutiny of Oil Sand Production?http://t.co/DHVJukJNVR?Little damage, but made regulators think of other bad scenarios $$?May 06, 2014
British Coins Pass Test in 800-Year-Old Ritual?http://t.co/GKfA1KhXKO?Trial of the Pyx, 1 of Britain?s oldest&strangest legal procedures $$?May 06, 2014
Global Economy
US Ready to Join 6-Nation Tax Alliance?http://t.co/PVRpUJ1ShZ?Members Will Share Information 2Fight Multinational Corporate Tax Avoidance $$?May 10, 2014
Ron Wyden: We Must Stop Driving Businesses Out of the Country?http://t.co/ypwwGbrWlM?Cutting corporate taxes to 24% would be a start $$ $SPY?May 10, 2014
Corporate Tax Planners Vexed by New International Tax Guidelines?http://t.co/LcCyHgfDc7?If elites agree, can limit tax leakages 2 havens $$?May 10, 2014
Decoding Dollar Turns Into Wall Street?s Parlor Game?http://t.co/PeI1wrlq4v?Bad speculation on strengthening $$ fails, trade gets reversed?May 10, 2014
World Economy Stabilizes in Great Moderation 2.0?http://t.co/yCIRqXpF9h?Really seems 2 early 2b trotting out an idea like this $$ $SPY $TLT?May 10, 2014
How Russia Inc. Moves Billions Offshore & a Handful of Tax Havens May Hold Key to Sanctions?http://t.co/ylIL6w66EF?Expropriation risk $$?May 05, 2014
Tax Break ?Blarney?: U.S. Companies Beat the System With Irish Addresses?http://t.co/Ia2cM1brCS?Maybe a “Value Added Tax” could fix this $$?May 05, 2014
Companies & Industries
?
Fat-Destroying Machine Doubted by Stock Traders?http://t.co/2Klv4c4ozG?$ELOS uses ultrasound 2 heat up & destroy fat cells. Does it work? $$?May 10, 2014
Son Makes $58B on Alibaba With Buffett-Type Return?http://t.co/uywgbnCaxg?Masayoshi Son had insight into Alibaba when invested $20M $$?May 10, 2014
Lenovo Targets Mobile as Tech Empire Grows on Castoff Businesses?http://t.co/sXSytLozjV?Squeezing good $$ out of mature tech businesses?May 10, 2014
Pitney Bowes changing stripes: Cramer?http://t.co/QzDuxGLZjT?Talks about their partnership w/ $EBAY to seamlessly estimate shipping $$ $PBI?May 10, 2014
5 quality stocks that are missing out on the bull run?http://t.co/8GTmjMt46J?Quality often misses out when credit spreads r tight $$ 2005-7??May 10, 2014
Alibaba Partners Keep Control After Shunning Hong Kong for US?http://t.co/4XvRaqoUM5?A partnership will govern, limiting takeover efforts $$?May 10, 2014
Wal-Mart Notches Web Win Against Rival Amazon?http://t.co/3f9chtgyME?Still $AMZN is 6x larger than $WMT in online sales, long way to go $$?May 06, 2014
IBM’s Watson supercomputer can help settle your debates?http://t.co/cFmXZXmEV6?Ask Watson a question, will give top 3 args for & against $$?May 06, 2014
Symantec Develops New Attack on Cyberhacking?http://t.co/xbeAQgcnab?Declaring Antivirus Dead, Firm Turns2Minimizing Damage From Breaches $$?May 06, 2014
Buffett Phase Two Means Seeking Deals More Enduring Than Stocks?http://t.co/FyERjB7YO5?Trying to build the best long-term conglomerate $$?May 05, 2014
?
US Politics & Policies
Benghazi Isn’t Iran-Contra?http://t.co/otSpoLR38P?But the comparison reflects poorly on the Obama administration $$?May 10, 2014
SEC Finds Illegal or Bogus Fees Majority of Buyout Firms?http://t.co/TwU954gwzm?Who pays what expenses? How r fees & returns calculated? $$?May 10, 2014
What Timothy Geithner Really Thinks?http://t.co/CxMmqJF18b?Just don’t blame him, didn’t want the job & wanted 2 leave it sooner, Really? $$?May 10, 2014
Railroad: Federal order won’t affect oil shipments?http://t.co/9nFXjxRTcP?BNSF carries most of the oil coming from Bakken FD: + $BRK.B $$?May 10, 2014
Why Nonbank SIFI Designations Put the Cart Before the Horse?http://t.co/oRQCv7r5jf?FSOC & Fed don’t get systemic risk & designating SIFIs $$?May 10, 2014
Massachusetts Scraps Its Health Insurance Exchange?http://t.co/nVB3C17iVg?Fascinating how many states had to scrap their healthcare sites $$?May 06, 2014
Why Weather Could Determine Who Wins a Race To Measure Inflation?http://t.co/2PTidHexu6?Billion Prices Project inflation measure 1%>CPI $$?May 06, 2014
The End of the Permissionless Web?http://t.co/MWyAraGxUT?Regulators want 2 become the gatekeepers for Internet innovation. It ain’t broke $$?May 06, 2014
Toilet Bowl Kills Fan in Violence at World Cup Host Brazil?http://t.co/Qx0HSiv0dB?Soccer hooliganism hits a new low, death by toilet $$ $EWZ?May 05, 2014
Other
Woman With Printer Shows the Digital Ease of Bogus Cash?http://t.co/kN4Ua9zZl0?Fascinating 2c how easy it is to convert $5s into $100s $$?May 10, 2014
Career Advice for Managers: Learn to Execute Strategy?http://t.co/jI85DW4Itj?Strategy should come b4 reaction to the problems of the day $$?May 10, 2014
Growing Number of Hispanics in US Leave Catholic Church?http://t.co/0jXt2caYjl?Most of those leaving go evangelical protestant $$ #readbible?May 10, 2014
Economics students call for shakeup of the way their subject is taught?http://t.co/vv8OL1xq9m?Right diagnosis, wrong cure, need Austrian $$?May 07, 2014
Rethink The Word ‘Cancer,’ Panel Says?http://t.co/jiuSNLF4JM?Cancer comes in many different forms; with some, early treatment is needed $$?May 06, 2014
Virtual reality preps 4 impact in healthcare, manufacturing, finance?http://t.co/taBVd2dFy1?Retirement planning, worker safety, training $$?May 06, 2014
MLB: The Year That No One Got Caught Stealing?http://t.co/Pn3itlbi36?Catchers now spend more time practicing hitting than throwing $$ $SPY?May 06, 2014
Elite Colleges Don’t Buy Happiness for Graduates?http://t.co/H2S5hTml6g?Happiness stems more from personal attitudes than college type $$?May 06, 2014
US Economy
Cancer Doctors Join Insurers in US Drug-Cost Revolt?http://t.co/OrqflkeN32?Drug costs reflect price 4 successes but paying 4 failures $$?May 10, 2014
Later Easter Drives Retail Sales in April?http://t.co/VAuXPhVGR7?Never thought Easter was that big of an economic factor $$?May 10, 2014
Record Meat Costs Mean Pricey Barbecues?http://t.co/tNr7vcb11K?Herds r smaller, as ranchers shake off past water & feed problems $$ $TSN?May 10, 2014
?
Wrong
?
Wrong: Happy Hedge Fund Managers Earn Money for Nothing?http://t.co/pOSYH3SSXO?Wrong benchmark S&P 500 4 hedgie comparison s/b t-bills $$?May 10, 2014
Wrong: Blackstone?s Schwarzman Says Individuals Need More Alternatives?http://t.co/Mnp0cjlXZ5?He’s just trolling 4 dumb $$ folks. Ignore him?May 10, 2014
?
?
Comments, Replies & Retweets
?
If the treatment is cheap enough, & has no harmful side-effects, investors will benefit from fat returns ;)?http://t.co/ROAQUU6Rpu?$$ $ELOS?May 07, 2014
“He might be comparing IRRs on PE to total returns on stocks. Trouble with that one is that capital?” ? D. Merkel?http://t.co/MhXU9vLCvG?$$?May 07, 2014
Are index funds that are capitalization-weighted the best funds to invest in? ?No. ?So why do we talk about index funds so much? ?Because they represent the average dollar in the market. ?In principle, everyone could invest in a comprehensive index fund, and there would be no effects on the market.
But indexes can be enhanced. ?Tilt your investments to:
Avoid the biggest firms, their growth opportunities are limited.
Buy cheap stocks, they out-earn growthier stocks, and have fewer disappointments
Buy quality stocks, again, fewer disappointments.
Buy stocks that have been running, they tend to do well in the future.
Buy stocks with conservative accounting, they tend to outperform.
But the moment you do that, you are an active manager, because not everyone can do what you are doing. ?Also, each of the anomalies I have indirectly referenced can occasionally be overvalued. ?As an example, the biggest stocks presently look cheap compared to smaller stocks.
Trying to create “smart beta” is interesting, but let’s just call it enhanced indexing. ?And if too many people try to do enhanced indexing, guess what? ?Those stocks will become overvalued, and will eventually sag, badly.
There is no magic bullet in investing. ?There is the work of evaluating valuations versus future prospects, and that is a challenging task.
If you want average performance, which is better than most get, buy a broad index fund with low fees and hold it. ?If you want better performance, tilt your portfolio to reflect factors that usually outperform. ?If you want still better performance, ask what factors are overvalued, and remove them from your portfolio.
As for me, I am happy buying safe and cheap stocks and holding them for three years or so. ?I’m happy with my picks, and so I adjust my portfolio in small ways quarterly. ?No need to over-trade. ?I just keep following my strategy.
This is a hard book to review. I have respect for the author, and most of his opinions. ?But extraordinary claims require extraordinary proof. ?There is evidence here, but not extraordinary proof. ?I agree that we are in a bad spot, and that there is reason to be cautious. ?To claim that the current international monetary system will disappear by 2020 or so requires more than the book delivers.
Let me begin by saying the book is worth buying. ?It will make you think. ?Thinking is a valuable exercise in which few engage. ?Most of us imitate, which is far easier to do than thinking, and usually saves time on common issues.
The author focuses on the weaknesses of US economic policy, but is less critical of bad economic policies being pursued around the world, with the poster children being Japan, China, and the EU. ?The US has its problems, but also its unique strengths. ?Though I am a critic of US economic policy, we are better off than most other large nations.
One criticism of the book is that it is not focused. ?Make your case, and don’t go down many “rabbit trails.” ?That said, the rabbit trails are interesting, and you will learn a lot from them, though they don’t support the central thesis of the book. ?I think the book needed a better editor, because a tighter book would have made the case better.
Here’s the main difficulty: Okay, so the US Dollar is not a great store of value. ?Imagine another nation who wants a better store of value, who lets their currency rise, and their politically powerful exporters scream. ?Who will likely win? ?The exporters. ?At least, that has been the way it has worked for the last 30 years.
In order for a gold-backed currency to be introduced, there will be sacrifices, and under most conditions, it will produce some deflation. ?It is not at all certain that the nation(s) that might do this will take the short-term punishment. ?Our world is geared toward short-termism, and it harms us all.
Quibbles
The book is far too kind to the IMF, an incompetent institution, and far too kind to China, which faces a collapse in its financial system far more quickly then the US will see.
The book is also too kind to the EU, which continues the experiment of monetary union without political union, which has never worked ?before on a large scale.
Full disclosure: I asked the PR people for a copy of the ?book, and they sent it.
If you enter Amazon through my site, and you buy anything, I get a small commission.? This is my main source of blog revenue.? I prefer this to a ?tip jar? because I want you to get something you want, rather than merely giving me a tip.? Book reviews take time, particularly with the reading, which most book reviewers don?t do in full, and I typically do. (When I don?t, I mention that I scanned the book.? Also, I never use the data that the PR flacks send out.)
Most people buying at Amazon do not enter via a referring website.? Thus Amazon builds an extra 1-3% into the prices to all buyers to compensate for the commissions given to the minority that come through referring sites.? Whether you buy at Amazon directly or enter via my site, your prices don?t change.
Real Estate Management Better Than Owning Real Estate??http://t.co/IFaDLiwTRa?Sometimes yes, sometimes no. Definitely adds more leverage $$?Apr 19, 2014
Wells Fargo Securities Lending Lawsuit Ends in Settlement?http://t.co/w3lSY4Cw8D?Low margin business that can go badly wrong in a crisis $$?Apr 19, 2014
Makani, a $GOOG subsidiary makes an airborne wind turbine that dramaticlly increases power generation efficiency?http://t.co/0Fug49o7gC?$$?Apr 18, 2014
Google to Buy Titan Aerospace as Web Giants Battle for Air Superiority?http://t.co/HjJ8wKtnjM?Makes me think $GOOG has 2much $$ 2spend?Apr 18, 2014
Profit Tastes Like Chicken in Hunt for Cheaper US Meat?http://t.co/drgQbwEiKR?With recent rise in beef & pork prices people substitute $$?Apr 18, 2014
Roads Versus Rail:The Big Battle Over Public Transportation?http://t.co/ydBxEglexC?Makes case that American will own fewer cars in future $$?Apr 18, 2014
Barclays Ups $LNC To Buy, Says $MET , $PRU Are Undervalued – Stocks To Watch?http://t.co/c7yNaVZqdp?Stock Market sensitive insurance cos $$?Apr 18, 2014
Bidding War Looming for Aspen? Analysts Say Don?t Count On It?http://t.co/iMotqyAgHv?Offer 4 $AHL looks pretty full 2me, dont look4more $$?Apr 18, 2014
Biggest LBO Demise Poised to Put Oncor in Play?http://t.co/d30djwOa5M?Buffett is unlikely 2 enter into bidding in a competitive sale $$?Apr 18, 2014
Target of Naked Short Sellers Is Angry, Confused?http://t.co/I3ZZDn5JNp?@matt_lavine takes on imaginary naked shorting in $LPHI $$?Apr 18, 2014
Radioactive Waste Is North Dakota’s New Shale Problem?http://t.co/BiMkO0ZdgK?Significant amounts of low level radiation from radium $$?Apr 18, 2014
The death of mortgage lending?http://t.co/u8uQBvZCuS?Loan yields must rise in order to compensate for higher required capital at banks $$?Apr 19, 2014
Kochs? Flood Insurance Opposition Becomes Campaign Issue?http://t.co/b1iuvoVhZK?1 of the few businesses the Kochs’ aren’t in is insurance $$?Apr 18, 2014
Office Markets Strengthen Where Tech, Energy Jobs Are?http://t.co/sESuHUeAVr?Helps explain the spottiness of commercial RE prices $$ $CMBS?Apr 18, 2014
Labor Shortage Threatens to Bust the Shale Boom?http://t.co/R1TctaTelD?Can’t find a job? Consider learning to weld; monotonous but pays $$?Apr 18, 2014
Koch Brothers Net Worth Tops $100B as TV Warfare Escalates?http://t.co/XgH0M6CNIR?Almost as wealthy as extended Walton family $$ $WMT $SPY?Apr 18, 2014
Big Banks Ramp Up Business Lending?http://t.co/83dMAPIQia?Signs of life spotted in big corporations, but r they just buying back stock? $$?Apr 18, 2014
How Can Yahoo Be Worth Less Than Zero??http://t.co/sr3owwkyNE?@matt_levine argues a breakup of $YHOO makes sense even if core biz loses $$?Apr 18, 2014
Wal-Mart Undercuts Rivals With New U.S. Money Transfer Service?http://t.co/a4vq0HYALi?Useful if u need 2 transfer $$ inside the US $WMT $SPY?Apr 18, 2014
How Chick-fil-A Spent $50M to Change Its Grilled Chicken?http://t.co/Q9kpXoSIbF?The marinade matters, but the grill design was the key $$?Apr 15, 2014
Small US Colleges Battle Death Spiral as Enrollment Drops?http://t.co/nHRhO4Gc1R?Too much capacity & affordability is a problem $$ $APOL?Apr 14, 2014
Outside the US
China GDP Gauge Seen Showing Deeper Slowdown?http://t.co/ntIxxdXcpO?If China increases consumption GDP growth will fall faster still $$ $FXI?Apr 18, 2014
Housing Trouble Grows in China?http://t.co/Z4tKUuqLFd?Overbuilding by Real-Estate Developers Leaves Smaller Cities W/Glut of Apartments $$?Apr 18, 2014
Suddenly, Europe Is Taking a Harder Line on Russia Sanctions?http://t.co/MnzxvMP3pe?Nations can solidify when they face a common threat $$?Apr 18, 2014
Las Bambas Copper Mine Purchase Shows China’s Still in the Hunt for Commodities?http://t.co/h1cqGERGCu?China may not b changing much $$?Apr 18, 2014
Forgetting How to Speak Russian?http://t.co/D0UwT6unki?Among former Soviet republics knowing Russian is less important for business $$?Apr 18, 2014
The Middle East War on Christians?http://t.co/BW1NwCAXuH?Israeli Ambassador 2 UN argues Israel is tolerant of Christians, not like some $$?Apr 18, 2014
Britons Struggle to Save for Home Down Payments as Prices Surge?http://t.co/M6vH0vDlDs?Space is constrained in London & foreigners buy $$?Apr 18, 2014
US Said to Warn Money Managers of More Russia Sanctions?http://t.co/rB8AUQTsnc?Putin knows Iran survived worse sanctions; Russia tougher $$?Apr 18, 2014
China Sentences Four Activists on Disturbing Public Order Charge?http://t.co/Tx95rrhWsb?Mostly, US has rule of law, China has rule by law $$?Apr 18, 2014
US govt isn’t perfect, but in principle the govt is subject to the Constitution & laws, & not merely able 2 use law 2 enforce its will $$?Apr 18, 2014
Frontier Fund Buyers Find It Pays To Look Under The Hood?http://t.co/JQ6khwYllJ?2much $$ is being thrown @ frontier mkts; crowded trade $FM?Apr 18, 2014
Why iShares? ?FM? Is About To Get Better?http://t.co/4FiqlfW0YS?Diversifies out of Middle East, but frontier market vals r stretched $$ $FM?Apr 18, 2014
Putin’s 21-Year Quest to Be Russian Guardian Began in Estonia?http://t.co/5oelLBHCmN?Father was betrayed by Estonians in WWI, almost died $$?Apr 15, 2014
Market Dynamics & Fundamentals
Bridgewater Founder Says 85 Percent Of Pensions will Go Bankrupt?http://t.co/YknEmyGgfJ?9% pension returns required, 4% is most likely $$?Apr 19, 2014
The Fitch Fundamentals Index Dashboard?http://t.co/OzI6KWUFfs?Interesting little utility 4 understanding where we are in the credit cycle $$?Apr 19, 2014
Rich Start-Ups Go Back for Another Helping?http://t.co/ZbFbpLVgmM?When capital is plentiful, bad decisions get made. expected returns low $$?Apr 18, 2014
Stumbling S&P 500 Reaches Worst Stretch of Election Cycle?http://t.co/zgJTynu2od?Interesting timing, wonder whether past is prologue? $$?Apr 18, 2014
How a 56-Year-Old Engineer?s $45K Loss Spurred SEC Probe?http://t.co/3HfdH2aqxK?Always read the risk factors in the prospectus or 10K $$?Apr 18, 2014
High-Speed Traders Said to Be Subpoenaed in NY Probe?http://t.co/2qxmrxeVd7?What level of technology is legitimate 2 gain an advantage? $$?Apr 18, 2014
Global stock rally: World market cap reached record high in March, &is $2.4T above pre-recession, pre-crisis level?http://t.co/iMq0IoBhch?$$?Apr 18, 2014
Speed?the only HFT advantage? Not so fast?Flash?Boyshttp://www.cnbc.com/id/101586488?Algorithms may also be an advantage w/price patterns $$?Apr 18, 2014
Americans Sold on Real Estate as Best Long-Term Investment?http://t.co/La4UROU0ie?Helps explain y retail investors lose on average $$ $GLD?Apr 18, 2014
Destroying Smart Beta 2: Ground Rules?http://t.co/uecYqZLCEe?Smart beta is a trendy but vapid concept, factors should be part of alpha $$?Apr 18, 2014
Gross Loses to Goldman in Hot Bond Strategy as Pimco Lags?http://t.co/VWv7UC72bS?Series of bad bets makes Pimco a laggard as AUM flees $$?Apr 15, 2014
Trillion-Dollar Firms Dominating Bonds Prompting Probes?http://t.co/RXZNkNwtFs?Concentrated markets can lead to bond pricing distortions $$?Apr 15, 2014
US Politics & Policy
What’s the Matter With Illinois??http://t.co/wmDiyWDN1e?They r the exemplary state for shortsightedness & corruption $$?Apr 19, 2014
Heartbleed Hackers Steal Encryption Keys in Threat Test?http://t.co/dYfezfXe8A?>6 people were able to extract private key of a website $$?Apr 19, 2014
Elijah Cummings, W/IRS, Targeted Tea Party Group True The Vote?http://t.co/TE5A1zTM0y?I live in his gerrymandered district; kick him out $$?Apr 18, 2014
Yellen Lays Groundwork for Rules on Short-Term Credit Markets?http://t.co/z03MWlpsqI?Fed doesn’t regulate the banks well, y try 4 more? $$?Apr 18, 2014
Schooling on a ‘Debit Card’?http://t.co/wwixbB0pqy?Arizona created a program so that special needs kids can get specialized schooling $$?Apr 18, 2014
IRS Among Agencies Using License Plate-Tracking Vendor?http://t.co/HTs5aEMNtK?Howard County Police use it & catch people 4 old crimes $$?Apr 18, 2014
Wealth Effect Failing to Move Wealthy to Spend?http://t.co/R3vfD5i94J?Wealth effect, if it exists, is small, FOMC is pursuing illusions $$?Apr 18, 2014
NSA Said 2 Exploit Heartbleed Bug for Intelligence for Years?http://t.co/9XvcLX9ZTE?NSA quietly knows security vulnerabilities; uses them $$?Apr 15, 2014
The Wall Street second-chances rule: scandal makes the rich grow stronger?http://t.co/8HhscWJjMN?What does not kill us makes us stronger? $$?Apr 14, 2014
Practical
How well do you know your insurance policy??http://t.co/szp3G8H4kN?Know what is covered & what isn’t, how much is covered & options $$?Apr 19, 2014
Attention Shoppers: Fruit and Vegetable Prices Are Rising?http://t.co/MMdPOLry9A?As are meat prices & most food prices $$ #agflation?Apr 18, 2014
How to start investing?http://t.co/yGyziE8Tac?Good advice from a credible source $$?Apr 18, 2014
Other
El Nino Signs Detected, Presaging Global Weather Change?http://t.co/D1uDLS9aJ0?El Nino exists 2 give us something 2 blame when frustrated $$?Apr 18, 2014
More People Pick Elimination Diets to Discover Food Sensitivities?http://t.co/ftQkzs3PxP?Fad and Science of Not Eating Entire Food Groups $$?Apr 18, 2014
SAT Adopts Real-World Questions and Jettisons Obscure Words?http://t.co/Mspw9EG3OV?In 2016, changes from intelligence to achievement test $$?Apr 18, 2014
Scientists Make First Embryo Clones From Adults?http://t.co/e5qlwyiWwj?Cloned cells 2create early-stage embryos, matching DNA tissue $$?Apr 18, 2014
Comments, Replies & Retweets
RT @howardlindzon: Funds still paying up (I say silly overpay) for private over public, this is spooking IPO ‘s for sure?http://t.co/mclSd9??Apr 15, 2014
Mt Gox: The brief reign of bitcoin’s top exchange?http://t.co/9jSwvxrzOJ?What happens when u neglect basic acctg & programming controls?Mar 01, 2014
Bitcoin Exchange Mt. Gox Files for Bankruptcy Protection?http://t.co/aobpHTmsYi?B wary of opaque transaction systems, clever may steal $$?Mar 01, 2014
Where Did the Bitcoins Go? The Mt. Gox Shutdown, Explained?http://t.co/0OkksL8TPG?Currencies can’t exist apart from legal systems $$ $BTCUSD?Feb 26, 2014
The Bitcoin Collective Delusion?http://t.co/t51GGmuWbw?Inevitable that gov’ts get involved in currencies & trade 4 punishment of fraud $$?Feb 26, 2014
Companies & Industries
Wall Street Hates JPMorgan Fee 4 $1T Junk Loans?http://t.co/laoAXelOIr?It is a private market; if the distortions r bad enuf, biz will leave?Mar 01, 2014
Line Builds $15B Value With Teddy Bears, Wicked Witches?http://t.co/ccGFjIVQsQ?Freemium model applied to Asian messaging, watch 4 IPO?Mar 01, 2014
Old Mutual Plans IPO of US Unit After Profit Increases?http://t.co/a28VUvS23r?The final reconciliation of a decade-plus of mis-investment $$?Feb 28, 2014
Oil Giants Sell Pipelines as Shale Strength Drives Deals?http://t.co/OBVZ66Tm5y?They expect oil prices 2rise as they c cheap oil scarcity $$?Feb 28, 2014
Dream of US Oil Independence Slams Against Shale Costs?http://t.co/eFRnOdt0aX?If debt funds a large part of drilling, time 2b nervous $$?Feb 28, 2014
$MSFT ‘s Culture Is Like ‘ $IBM Circa 1990,’ New Chairman Says?http://t.co/gzy5NzCaAX?Use MSFT Office/Windows Cash Cow 2build new biz $$?Feb 27, 2014
What is ‘Forbes’ worth??http://t.co/mHpDgpfkpi?The Internet chgs everything; formerly important publications get digitally hollowed out $$?Feb 26, 2014
Rolls-Royce Drone Ships Challenge $375B Industry?http://t.co/CCC9L0rynT?Problems here r considerable- control in bad weather, piracy, etc $$?Feb 26, 2014
US Issues Emergency Testing Order To Crude Oil Rail Shippers?http://t.co/bU5AuY7Ixd?Reasonable precautions 4 general safety $$ $UNP $CSX?Feb 26, 2014
Japan Post Prepares for IPO?http://t.co/yE7k137VjT?Lotsa assets, but the Q is what can be done w/them. Fuzzy situation w/no hurry $$ $EWJ?Feb 26, 2014
Zuckerberg Dines With Phone Frenemies Fretting Over Profits?http://t.co/NMga2US13J?Monet 2b made in solving mobile payments problem $$ $FB?Feb 26, 2014
Rising Premiums May Hit Small Firms?http://t.co/nBA1wjigHP?The lies told by the administration regarding cost control r astounding $$?Feb 26, 2014
Saudi?s Allure Undimmed for Bechtel to DaVita Amid Fallout?http://t.co/ikppxlukf3?Someone has 2 buy from the US; $DTA helps w/diabetes $$?Feb 26, 2014
$BAC Reaches Deal With Buffett on Preferred Stake?http://t.co/bLpgqOMJzT?Buffett gets better call protection, divs can b waived in crisis $$?Feb 26, 2014
Woes of Megacity Driving Signal Dawn of ?Peak Car? Era?http://t.co/npHTO6NtcJ?It may take ~10 yrs, this will right itself, w/fewer cars $$?Feb 26, 2014
Google Buses Fuel Inequality Debate as Boom Inflates Rents?http://t.co/CaQ4msqBnW?I f you can’t afford living in San Francisco, move out $$?Feb 26, 2014
How ARM Holdings Dominates the Chip World?http://t.co/CCFJDitgh1?$ARMH vs $INTC – 2 clever approaches that r utterly different. Who wins? $$?Feb 26, 2014
Health Law Already Has Impact on Bottom Lines?http://t.co/o4k5u6uWgB?Fitting that health insurers r getting hosed 4 cooperating w/Obama $$?Feb 26, 2014
Repsol Agrees to $5B Deal W/Argentina on $YPF?http://t.co/piwKwxqS70?$REP decides half a loaf is better than none, nondefaultable bonds $$?Feb 26, 2014
Rest of the World
?
China’s Yuan Slides Against US Dollar?http://t.co/VLBVTrLPEf?The Yuan is still a rigged market, we need 2c it float to ascertain value $$?Mar 01, 2014
Bulgaria?s Currency Board versus Ukraine?s Chaos?http://t.co/w1lAYExWuF?A currency that is anchored leads 2 better results in many ways $$?Feb 28, 2014
China’s Central Bank Engineered Yuan’s Decline?http://t.co/WmwpCa0H4L?It remains 2b seen where the yuan will trade when it freely floats $$?Feb 28, 2014
War Crimes Evident in South Sudan, Human Rights Watch Says?http://t.co/1AfsvPMYmG?Easiest way 2 call off dogs of war is not 2 loose them $$?Feb 27, 2014
Abe?s Southeast Asia Push Adds to US Ties Amid China Rift?http://t.co/3BDgdNznN4?Example of entangling alliances: Will US defend Asia? $$?Feb 26, 2014
Ortega?s Zara Fashions Tax Avoidance by Shifting Profits to Alps?http://t.co/RGBMJ4Xmzc?Govts have an interest in unifying tax policy $$?Feb 26, 2014
Crisis Gauge Rises to Record High as Swaps Avoided?http://t.co/hLKrltiEVk?Chinese corp spreads widening, same for their TED spread $$ $FXI?Feb 26, 2014
Investors Mount Attack on Norway in $20B Oil, Gas Row?http://t.co/VOPMQgMZKE?Norway becomes less predictable, may chase developers away $$?Feb 26, 2014
Ukraine Pledges to Protect Deposits as Kiev Rally Called?http://t.co/iMGsdLODA2?Must ring hollow in Cyprus as EU moves 2 support Ukraine $$?Feb 26, 2014
?
US Politics & Policy
How ADA, a Chemical Used in Rubber, Got Into 500 Food Products?http://t.co/moZqNNco85?Just because it’s not natural doesn’t mean it’s bad $$?Mar 01, 2014
Federal audit calls new school lunch rules a failure?http://t.co/RyEd0JpP7j?Missing middle ground where kids get yummy nutritious food $$?Mar 01, 2014
Study Finds SEC Staff Sold Shares B4 Cases Made Public?http://t.co/8xRzyCfIgx?SEC staffers don’t know what 2 buy, they know what 2 sell $$?Feb 28, 2014
GOP Targets Hillary Clinton With Obamacare Attacks?http://t.co/QKlHYwHUeG?It is fair to ask her what she would do differently than Obama $$?Feb 27, 2014
Here’s How Much People Are Actually Paying for Health Insurance?http://t.co/AeC4xs3y2d?Interesting, not sure what to make of it $$?Feb 27, 2014
Busted State Obamacare Websites Haven?t Caught Up to Healthcare gov?http://t.co/LLee1ovP2y?OR, MA & OR r worse than Fed’l website 4 PPACA $$?Feb 27, 2014
What Does Eric Schneiderman Know That the Rest of Us Don’t??http://t.co/aI4Crec3EZ?Oversteps his bounds, but gets sellside firms 2 stop $$?Feb 27, 2014
Dave Camp: How to Fix Our Appalling Tax Code?http://t.co/lx4VM2kHNz?Complex tax codes allow the wealthy 2 eliminate taxes that poor can’t $$?Feb 26, 2014
When the Minimum Wage Goes Up, the Menu Price Also Rises?http://t.co/ukEWzIjoje?The pain has 2go somewhere, including reducing employment $$?Feb 26, 2014
America’s 10-Year Experiment in Broadband Investment Has Failed?http://t.co/hjGuuu7JA0?We need to free up competition in the “last mile” $$?Feb 26, 2014
How Dodd-Frank Might Kill the CLO Market?http://t.co/ztV9PMdums?& we won’t miss it, b/c securitized credit is not accounted 4 properly $$?Feb 26, 2014
High-Priced Hydrogen Cars to Challenge Electrics?http://t.co/3akLFwjJuG?Hydrogen is not the solution, it is just fossil fuels in disguise $$?Feb 26, 2014
Truth About Hydrogen Power?http://t.co/McG32mWHyT?Old article, explains y hydrogen is no panacea b/c it takes fossil energy 2 produce it $$?Feb 26, 2014
The same is true of fusion power. The costs of creating Tritium at a scale needed to power a city would be astounding. $$?Feb 26, 2014
A Surprise Guest at the SEC’s Annual Gathering?http://t.co/R15fMul7CU?@mcuban shows what a measured & classy guy he can b @ SEC meeting $$?Feb 22, 2014
US Economics & Monetary Policy
?
Foreclosures Climaxing in New York-New Jersey Market: Mortgages?http://t.co/NPQeYY7Rc3?Judicial foreclosure states catching up rest of US $$?Feb 26, 2014
Home Prices in 2013 Notch Biggest Annual Gain Since 2005?http://t.co/FjTjdA7YcU?Demand from investors pads purchases, rates higher now $$?Feb 26, 2014
America?s Hottest Housing Market Has Suddenly Cooled Down?http://t.co/00uIJ4gSo3?Phoenix RE rises out of ashes on speculative demand $$ $Z?Feb 26, 2014
March 4 Hearing for Three Fed Nominees?http://t.co/McV2Tt7p29?One bullet & 2 blanks in the gun. Stanley Fischer will bring some wisdom $$?Feb 26, 2014
How to Profit from the Yellen Fed?http://t.co/4oAiBUdXDr?Yellen is core 2 the M.O. of the Fed, it’s like jazz, they make it up as they go $$?Feb 26, 2014
?
?
Market Impact
Banks Averting Bond Losses With Accounting Twist?http://t.co/VC83ByMGNC?Switching bonds from available 4 sale 2 held 2 maturity $$?Feb 26, 2014
The switch limits flexibility b/c u can’t change back w/o poss changing all back; also doesn’t change economics, moves losses 2 future $$?Feb 26, 2014
Greed Turning Losers to Leaders in Russell 1000 Index?http://t.co/vpGTVXkD9t?Could this b a harbinger of a change in the markets? $$ $SPY?Feb 26, 2014
Outcome or process ? what investment focus succeeds over time??http://t.co/edXLqAX9pg?@Ritholtz tells us to focus on process not results $$?Feb 26, 2014
Social psychology: Market madness?http://t.co/BtaVXAYWYZ?This is y the 1st priority of investment is risk control; can’t sleep @ night $$?Feb 26, 2014
10 Value Investing Blogs You’d Be Crazy Not To Follow?http://t.co/mt8tZkGRAq?Happy 2b featured among this great group of blogs $$ Thanks!?Feb 26, 2014
Other Business
Harvard Brainpower Joins MIT Fueling Boston Sports Teams?
Titles?http://t.co/OZNC8wCIJi?Bright guys using math2analyze sports in Beantown $$?Feb 28, 2014
Big Data Comes to the Farm, Sowing Mistrust?http://t.co/ayBsxp8qAt?Farmers worry that data used to help them will b used against them too $$?Feb 28, 2014
Corporate Economists Are Hot Again?http://t.co/DUn5O7Idjz?An alternative would b actuaries, they r usually better at practical models $$?Feb 27, 2014
Dwindling Midwest High School Grads Spur College Hunt?http://t.co/iVURNV69EU?Demographics now fight against colleges, many weak will die $$?Feb 26, 2014
The Joy and Freedom of Working Until Death?http://t.co/wkGRoRSJIg?Find something that u enjoy doing that supports u & yours well forever $$?Feb 26, 2014
Medical
Dad May Join Two Moms for Disease-Free Designer Babies?http://t.co/yiXUO0sLok?Designer babies:many embryos die in order 2 produce 1 child $$?Feb 26, 2014
Your Heart May Be Older Than You Are?http://t.co/46PbtkWQ7h?Cute way 2 get people to take care of themselves; may have false negatives $$?Feb 26, 2014
Mystery Medical Symptoms Hit a Surprising Number of Patients?http://t.co/6DoJnAjt6w?Stress can trigger pains; this teaches stress control $$?Feb 26, 2014
?
Pimco & Bill Gross
Pimco’s Gross: ‘U don’t always produce productive family by sweet talking&always being inclusive’?http://t.co/sjKnhN76jh?Allianz happy w/him?Mar 01, 2014
Inside the Showdown Atop Pimco, the World’s Biggest Bond Firm?http://t.co/kVtk8Zf5d8?Gross developed the theories guide Pimco & he stays $$?Feb 26, 2014
Wrong
Wrong: Templeton Braving China?s Housing Bubble?http://t.co/rjVSQUXoAe?China looks like Japan in 1989, or the developed world in 2007 #avoid?Mar 01, 2014
Wrong: NASA Scientists Discover 715 New Planets?http://t.co/6KhRpp2Y5A?Life is finely tuned on Earth +/- 10% in size of Earth -> no life $$?Feb 27, 2014
Wrong: Fed s Tarullo Eyes New Tools to Limit Interest Rate Risk?http://t.co/fA4l6omDVi?Dreams 2 undo effects of bad policy w/o undoing it $$?Feb 26, 2014
Wrong: It Takes How Much Water to Grow an Almond?!?http://t.co/u8kpW7kJFj?Misses the idea that water does get reused many times: rain $$?Feb 26, 2014
Wrong: Can Amazon Dominate in Insurance, Too??http://t.co/zAP8GkunSx?Except 4 simple products, Insurance is too complex 4 people to pull $$?Feb 24, 2014
?
Comments, Replies & Retweets
@jasonzweigwsj @AlexRubalcava I wrote an article on the problems w/zero cost investing recently?http://t.co/ALu1ijgVev?”sand in the gears”?Mar 01, 2014
RT @AlexRubalcava: Zero commission stock trading sounds like a product tailor made to amplify investors? behavioral finance mistakes.?Mar 01, 2014
“Currencies & trade cannot exist in a vacuum apart from legal systems, because fraud is a crime?” ? David_Merkel?http://t.co/7fJX26SEyP?$$?Feb 26, 2014
‘ @GSElevator Tattletale Exposed (He Was Not in the Goldman Elevator)?http://t.co/S1NVy13sZn?I don’t get out much, 1st I’ve heard of this $$?Feb 26, 2014
“Regarding First Data, many might think it quite desirable to step out of the spotlight @ $JPM &?” ? David_Merkel?http://t.co/COHGctym2A?$$?Feb 26, 2014
. @dpinsen The ancient retirement tripod of course?http://t.co/k06EUCbHa1?unless the modern one works. $$?Feb 26, 2014
@dpinsen That was icky, and more… gotta go wash my brain out… brrr.?Feb 22, 2014
Rags-To-Riches Tale Of How Jan Koum Built WhatsApp Into Facebook’s New $19B Baby http://t.co/bJs6kQrlMx Background on WhatsApp founders $$ Feb 22, 2014
WhatsApp Shows How Phone Carriers Lost Out on $33B http://t.co/3gOutvRDzK Perhaps consortium of telephone companies should have bot them $$ Feb 22, 2014
Whatsapp and $19B http://t.co/TWI44XfTOC Explains why $FB decided 2 get into mobile, & how WhatsApp may benefit their mobile push $$ $GOOG Feb 22, 2014
Zuckerberg Bonded With WhatsApp CEO Over Coffee and Dinners http://t.co/EZAR7rFAsG Promise made to respect the unique culture of WhatsApp $$ Feb 22, 2014
Facebook?s horrible, stroke-of-genius IPO @felixsalmon http://t.co/9HrdWMd0Fo Makes point that overvalued $FB stock can b currency 4deals $$ Feb 22, 2014
How Much Sequoia Made On WhatsApp http://t.co/SzzdcObDXJ The funny part is how Zuckerberg pranked Sequoia 10 yrs ago, & regretted it $$ $FB Feb 22, 2014
Companies bracing for 1-2 retirement punch http://t.co/bVBBRV1ytu Unlikely that Obama’s proposals would b enacted; hurts powerful people $$ Feb 22, 2014
White House to Propose New Limits on Overseas Corporate Tax Avoidance http://t.co/Me6p3WFG9U This will be difficult 2 enforce; complexity $$ Feb 22, 2014
Gold Rush Ghost Town Bodes Ill for California Power Flow http://t.co/fpor2Toct2 Interesting article on how the drought is affecting CA $$ Feb 22, 2014
Peggy Noonan: Whose Side Are We On? http://t.co/5l2dofDbpg We can have a “Cold War” vs those who hate democracy & human rights $$ $SPY $TLT Feb 22, 2014
NSA Official Warned About Threat 17 Years Before Snowden http://t.co/8utCDM2eug Warned computer system administrators had too much power $$ Feb 22, 2014
Fannie Mae Payments to US Will Exceed Bailout http://t.co/aT1Z8jlrW0 2 bad, b/c government owns $FNMA & will keep it as a piggy bank $$ Feb 22, 2014
An anti-tech backlash in San Francisco http://t.co/NYsVvWZUu7 Note to politicians: don’t bite the hand that feeds u 2 support malcontents $$ Feb 21, 2014
Good: Bumper profits threaten US ethanol support http://t.co/UVjiGT68Wr Time to free *all* energy sources from subsidies adj 4 pollution $$ Feb 21, 2014
Bottlenecks along the Industrial Revolution http://t.co/pzxGIC8GjL There is $$ 2b made in expanding energy infrastructure in America $$ Feb 21, 2014
CBO Is Right: Minimum Wage Hike Can Kill Jobs http://t.co/hKL64NzpJw Suggests raising the Earned Income Tax Credit, which would add jobs $$ Feb 21, 2014
Obama Keystone Pipeline Review Roiled by Nebraska Judge http://t.co/PiF9q1F4nE Governor & Legislature bypassed Public Services Commission $$ Feb 21, 2014
Obamacare’s Latest Surprise for Taxpayers? http://t.co/zirjEk1cP0 @Asymmetricinfo says Obama Admin may extend risk corridors past 3 years $$ Feb 19, 2014
Detroiters Without Cars Seek Jobs in Vain as City Shrinks http://t.co/x76RJvkgza Cities r organic & they can die, like Detroit. Give up $$ Feb 19, 2014
UAW’s Devastating Defeat at a Tennessee Volkswagen Plant: 4 Blunt Points http://t.co/ISoUdA2WBZ Give workers credit 4 rejecting bad deal $$ Feb 17, 2014
Market Impact
Frontier-Market Funds Pour in Boosted by Fixed Currencies http://t.co/YwDTW6bccU 2 much $$ flowing into immature mkts via ETFs; avoid $$ Feb 22, 2014
Learning From a Literary Legend: The Importance of History http://t.co/7QqQ9dkiZd Argues that 10-year stock returns will b below average $$ Feb 21, 2014
Income As The Outcome: Reframing the 401(k) Plan http://t.co/bEWsAPSuiK Int rates fall, 401(k) bond values rise, but future income falls $$ Feb 21, 2014
Wall Street Bond Dealers Renounce Treasuries That Lure Pimco http://t.co/uPxeIqN5uE This is a mess, &no one knows, but I remain long $TLT $$ Feb 19, 2014
FX Traders Facing Extinction as Computers Replace Humans http://t.co/CDqoLCjqsn True if all u r doing is matching trades not if profiting $$ Feb 19, 2014
Information asymmetry, bad incentives and Taibbi http://t.co/K9M8pI1vQR @izakaminska does an excellent takedown of Tabibi’s recent piece $$ Feb 15, 2014
Rest of the World
Japan Record Trade Gap Shows Risk of Abenomics Losing Steam http://t.co/Lfqgvay6KL High debts, trade deficit due 2 low yen, disaster $$ $FXY Feb 22, 2014
For Chinese, It’s Going to Cost More to Become Canadian http://t.co/OlBMh7ZpFv Pity those that want to escape China 2 Canada w/their loot $$ Feb 22, 2014
Nigeria’s Delta Oil Thieves Scrape Out a Precarious Living http://t.co/VxknSU5t3Q Long piece shows a vignette of the troubles in Nigeria $$ Feb 21, 2014
Foreign Investors Scoop Up New Treasuries Even as Fed Cuts Buying http://t.co/zgPmG1NIQu Weaken your currency. Help exporters. Buy US Tsys $$ Feb 21, 2014
India Hedging at Two-Year High as Polls Shroud Outlook http://t.co/mBfYH1HNky Fears of a minority govt have hedgers buying puts on Nifty $$ Feb 21, 2014
Samsung Investors May Discover World of Possibilities http://t.co/8DsBUYHKDu Pity about Sarbanes-Oxley. Samsung shares used 2 trade in US $$ Feb 21, 2014
Emerging Stocks Rise to Three-Week High on Record China Lending http://t.co/bukIP0bFPA W/China overlending already a problem, not helpful $$ Feb 21, 2014
Invading Switzerland? Try Before 8 or After 5 http://t.co/jgBHUG6m84 The Swiss Air Force likes to have the evenings off. War can wait $$ Feb 21, 2014
UN warns North Korea’s Kim Jong-un w/a strongly worded letter http://t.co/AlwVjivIO4 Few things crueler than making a Mom kill own child $$ Feb 21, 2014
Bank of Japan Surprises Markets http://t.co/BbVlwTMHVR Expands Loan Programs, Keeps Main Policy Unchanged, builds bigger debt bubble $$ $FXY Feb 21, 2014
Japan?s GPIF Should Own $600B of Stocks, Ito Says http://t.co/YCfIvErZfb Angling 4a nomination 2 the coveted “Putting in the top” award $$ Feb 21, 2014
As World’s Kids Get Fatter, Doctors Turn to the Knife http://t.co/VdTVjqXu0j Bariatric surgery on a 3-yo, as parents can’t say no re food $$ Feb 21, 2014
China Fund Shifts Focus Away From Energy to US, European Recovery Plays http://t.co/h10gQrGrEs CIC shifts out of power & into real estate $$ Feb 21, 2014
Japan Growth Figures Disappoint http://t.co/FsFtS5qaA5 GDP Increase Comes in Well Below Expectations, perhaps Abe will think twice $$ Feb 21, 2014
China Overtakes India as Gold Consumer http://t.co/XV9WA5p8sT When your property can b confiscated by gov’t, helpful 2 have gold 2 carry $$ Feb 21, 2014
US to Face G-20 Pressure Over Tapering http://t.co/dLYU5cbqKd If the emerging market nations are properly financed, US $$ policy won’t harm Feb 21, 2014
At Asia Air Show, Plenty of Competition for Sales of Drones http://t.co/UCxNe9jQP9 Many uses 4 drones to monitor areas that r hard 2get2 $$ Feb 21, 2014
Russians Return to Cyprus, a Favorite Tax Haven http://t.co/qxW0YkMqlK But they won’t put $$ is Cypriot banks after losing much of it b4 Feb 21, 2014
Billionaire Niel Trains Geeks to Fix France?s Talent Mismatch http://t.co/3jSO5yXExl Sets up a school in France that teaches programming $$ Feb 21, 2014
Elliott vs Argentina: 3 possible resolutions @felixsalmon http://t.co/LuxIKbslsj Sovereign immunity, pari passu & bondholders? ransom $$ Feb 20, 2014
Europe Mending as Markets Signal Even Portuguese Get Work http://t.co/OwqyCMKeGh Less clear than it seems, but Europe is getting better $$ Feb 20, 2014
Sochi Olympics: Vic Wild, American-Born Snowboarder Competing For Russia, Wins Gold http://t.co/uKlhwCdHP3 Far better he got a good wife $$ Feb 20, 2014
What the Heck Is Going on in Venezuela? (Could the Maduro Regime Fall?) http://t.co/JknNNCQpm6 Yes, it could fall, but what will replace? $$ Feb 19, 2014
China Digs Itself Deeper Into Dollar Trap http://t.co/VXRPJEt5o2 Buying Dollar assets supports the cronies of the party that export $$ $FXI Feb 19, 2014
Asia Has Crisis to Thank for Gains in Emerging Rout http://t.co/JMyYasAild Emerging Asia, minus China, in better shape than 1997-8 $$ $FXI Feb 19, 2014
Swiss Fault Lines Exposed as Villagers See Risk to Postcard Life http://t.co/55NLuUb7er Urban vs rural & the “last settler” syndrome $$ $FXF Feb 17, 2014
Salmond Says Forcing Scotland to Drop Pound to Hurt UK http://t.co/bQEK4xwTfY Seriously doubt UK would giveup the seigniorage if Scots go $$ Feb 17, 2014
A Rebuke to Japanese Nationalism http://t.co/iZfr1gfeYM Japan needs 2 give up any sense that what they did in WWII was honorable $$ Feb 17, 2014
Indonesia Says Australian Defense of Spying Is ?Mind Boggling? http://t.co/ykT06aSaxe My, but Snowden opened many cans of worms w/leaks $$ Feb 17, 2014
Saudis Agree to Provide Syrian Rebels With Mobile Antiaircraft Missiles http://t.co/vRawuKKAgj Proxy war between Wahabis & Shia continues $$ Feb 15, 2014
Financials & Personal Finance
Wall Street Landlords Buy Bad Loans for Cheaper Homes http://t.co/hrf9Ph0RNq Color me skeptical; when investors own homes, mkt overvalued $$ Feb 22, 2014
Energy Holdings Nears Bankruptcy After Creditor Talks Falter http://t.co/MXMolWYXSg They overpaid & the debt was huge, even Buffett lost $$ Feb 22, 2014
Tender Offer for Insurer Divides a Boardroom http://t.co/uaNnWRYPfq $AFG ‘s offer for $NATL is more than generous, just tender yr shares $$ Feb 22, 2014
Putting Your 401(k) on Autopilot http://t.co/Mby8Yf9iQe Would b better if we made plans where employees could buy defined benefit units $$ Feb 22, 2014
The growing case against ETFs http://t.co/dV8fE2563o Makes same point that Jack Bogle & I make, ETFs get traded badly by most investors $$ Feb 22, 2014
Americans Ramp Up Borrowing http://t.co/qApFJ0KESP US Household Debt Posts Largest Quarterly Increase Since Before Recession $$ #seenthisb4 Feb 21, 2014
Has Small-Business Lending Really Improved? http://t.co/NujuTdfGtk Qty available may b high, but yields r steep @ nontraditional lenders $$ Feb 21, 2014
The Current Opportunity Set http://t.co/k1i9NS5nsD Valuation-sensitive mgrs see fewer & fewer places 2 put $$ 2 work, so cash balances grow Feb 21, 2014
These Wells Fargo robbers were also tellers http://t.co/ERo7JVe2X1 Comments, some think if banks r dishonest they should b stolen from $$ Feb 21, 2014
I, Claudius, caller of bank bonds http://t.co/tlXoiypnQV Memo 2 bond investors: if you buy an odd bond, b sure 2 read the prospectus $$ $TLT Feb 15, 2014
When One Spouse Saves and the Other Spends http://t.co/vtJfjX0W8P I do not get how this person can be a financial advice columnist $$ $TLT Feb 17, 2014
Debt-Market Chill May Leave Banks Out in the Cold–Heard on the Street http://t.co/MdpS2KOwSv No January bounceback 2 make up 4 December $$ Feb 15, 2014
Companies & Industries
10-Gbit Google Fiber is already real, just not from $GOOG http://t.co/6d0nEU3ViN $VZ has tested it & others 2, coming 2 biz, not home $$ Feb 22, 2014
Charter Seen Eyeing Cox After Time Warner Loss http://t.co/S2YpktEr5x Cox family is pretty cagey; $CHTR would have 2 pay through the nose $$ Feb 21, 2014
‘Candy Crush Saga’ Maker Files for an IPO http://t.co/TIUYMDKnIE Put King Digital in the “too hard” pile, hard to predict future success $$ Feb 21, 2014
Google to Push Its Fiber Rollout on Comcast’s Turf http://t.co/qStVon4gvq $GOOG experiments, $CMCSA will have hard time competing w/fiber $$ Feb 21, 2014
My Goldman Sachs Post-Traumatic Stress Disorder (And Why I’m Grateful) http://t.co/1cJJpQzreu Toughened her up, made her more cynical $$ Feb 21, 2014
Chevron’s Free Pizza Offer Only Feeds Public’s Distrust http://t.co/xXsFzIgqT4 It was a cheesy way 2 compensate people 4 their troubles $$ Feb 21, 2014
The Coal Plant an Illinois Town Couldn’t Give Away http://t.co/7tMYEXqV8u $AEE pays $DYN to take over a coal plant. Now $DYN wants 2leave $$ Feb 21, 2014
Rarest of Rare Iridium Gains as Growth Spurs Demand http://t.co/2X7P02FFBb Cheaper than gold, Iridium is used in industrial applications $$ Feb 21, 2014
Buffett?s Coca-Cola Complacency Warning Foretells Troubled Year http://t.co/MaoyseiN8O Listen to Buffett, his intuition is sharp $$ Feb 20, 2014
Steve Perlman’s Amazing Wireless Machine Is Finally Here http://t.co/BGpdOactlf If it works, it is a huge increase 4 mobile bandwidth $$ $T Feb 19, 2014
Actavis Agrees to Buy Forest Labs for $25 Billion http://t.co/bv6o4VtRM8 Kudos 2 @Carl_C_Icahn Quite a string of victories $FRX $ACT $IEP $$ Feb 18, 2014
Fed Notes
Fed Puts Rate Increase on the Radar http://t.co/IdvNVpEmDl Move Before 2015 Unlikely, but Minutes Suggest Some Inflation Hawks R Circling $$ Feb 21, 2014
The Key Passages in the Federal Reserve’s Minutes http://t.co/xUpUwu9IZZ Hawks start discussion on when the Fed Funds rate should rise $$ Feb 21, 2014
Yellen Leads Fed Damned Every Way by Emerging Market Angst http://t.co/TApq07VklJ Can’t win b/c developed mkt $$ policy swamps EM policies Feb 21, 2014
?
US Economics
?
Worsening US Divorce Rate Points to Improving Economy http://t.co/f5He5DrfuY “We’re finally doing well, honey. Now we can afford2divorce” $$ Feb 21, 2014
Citi’s Economic Surprise Index Hits Zero http://t.co/Z69Vy85Hfi As such, the economy is slowing & bond yields r falling. Who knew? $$ $TLT Feb 21, 2014
Other
‘Downton Abbey’ Is Downright Un-American http://t.co/zGCbFHWzfY If a servant wrote book about how nice her employer was it wouldn’t sell $$ Feb 21, 2014
Go Ahead, Let Your Kids Fail http://t.co/kHSID4NgpT Fail & bounce back -> Kids gain skills & grit @asymmetricinfo is off on her book tour $$ Feb 21, 2014
I Took the GMAT With No Preparation. Here’s What Happened http://t.co/hXwdxNJiub Journalist gets score good enough 2 go 2 biz school $$ Feb 20, 2014
Friedman and Hanke on Bitcoin http://t.co/T4bK693dJ8 But what happens when 1 party gets cheated in a Bitcoin transaction? Caveat emptor? $$ Feb 20, 2014
The Official Forecast of the US Government Never Saw This Winter Coming http://t.co/w3RS18QJJd We don’t understand climate well $$ $TLT $SPY Feb 19, 2014
?
Wrong
Wrong: In Buffett We Trust as Berkshire Annual Report Lacks Disclosure http://t.co/JP3U63bhnj There is more than adequate info in the 10K $$ Feb 21, 2014
Wrong: Cut Off Harvard to Save America http://t.co/ro9cIOe2ok When u mess w/what is a nonprofit & not, u can’t tell what will b the result $$ Feb 21, 2014
Wrong: Is China at Risk of a Debt Crisis? Not Really,Bank Says http://t.co/erURFnC3g1 China facing domestic banking crisis, like US 2008 $$ Feb 19, 2014
?
Comments, Replies and Retweets
“From what I glean, Zuckerberg romanced them & told them $FB wouldn’t touch their baby. We’ll see” ? David_Merkel http://t.co/X25hjO1Fxo $$ Feb 20, 2014
“Well said. It is hard for China to give up forced investment and export promotion. It’s economic heroin” Merkel http://t.co/0eH1kgg0lo $$ Feb 19, 2014
Commented on StockTwits: This: http://t.co/D0mIcnLtIP and if I knew Spanish, could have seen it earlier:… http://t.co/lPajNQAc4w Feb 18, 2014
?Note: this is the 100th weekly edition of sorted weekly tweets.
Market Impact
?
Standing Out from the Crowd: Measuring Crowding in Quantitative Strategies http://t.co/MRjZ8d8GGL Overinvestment in strategy precedes losses Feb 08, 2014
Does Fair Value Accounting Contribute to Market Price Volatility? An Experimental Approach http://t.co/YQqQPrwMwr Short answer: no $$ $XLF Feb 08, 2014
The Deeper Causes of the Financial Crisis: Mortgages Alone Cannot Explain It http://t.co/0P7fMrQWKn But they were the leading cause $$ $XLF Feb 08, 2014
Contagion Rejected as Biggest Bond Buyers Double Down on Junk http://t.co/5wm1k4Ghlw Makes me think the correction will b another crisis $$ Feb 08, 2014
Hedge Funds Preparing for $1T Property Bill http://t.co/RRQN992uat Key Q: Will they limit their risks prior to the next commercl RE bust? $$ Feb 08, 2014
Apollo Credit Twice Size of LBOs Shows Private-Equity Shift http://t.co/J69eh3TPTn Not a good sign, nonstandard lenders r fragile $$ $APO Feb 07, 2014
Five Pointers on Floating-Rate Funds http://t.co/sV6JtizBlN Don’t chase performance, rates may not rise, nor yields, adds credit risk $$ Feb 05, 2014
World’s cheapest stock markets: Where are shares cheap? http://t.co/3Uvq1HZfSF Gives u a rough idea as 2 where values may b found $$ $SPY Feb 04, 2014
Gundlach Shows Why Betting Against Treasuries Is a Fool?s Game http://t.co/R0s4wQLcbu Interesting that he is in long Tsys $$ FD: + $TLT Feb 03, 2014
Monday?s Selloff, by the Numbers http://t.co/LseNtCUEXz That’s 2 large >2% down days in less than 2 weeks $$ $SPY Feb 03, 2014
?
Companies & Industries
Big Pizza Chains Use Web to Slice Out Bigger Market Share http://t.co/C6xQeSWmlr Easier 4 large chains 2 implement online ordering $$ $PZZA Feb 08, 2014
SodaStream?s New Mainstream Rivals: Coke and Green Mountain http://t.co/zOkwpBpOiK All the more reason 4 $PEP 2 buy $SODA $$ Feb 07, 2014
Why Discount Airlines Draw Fewer Complaints (Hint: It’s Not Better Service) http://t.co/a8rzqrf0DU Friendlier attitudes r better service $$ Feb 07, 2014
Satyajit Das: The Truth About Bank Earnings http://t.co/9FzkPbbyIm Bank earnings r lower quality; getting harder to increase them $$ $XLF Feb 05, 2014
Experts testify on true cost of Target breach http://t.co/FGVRFBvc6K Magnetic stripes will go away, & chips &/or PINs will appear $$ $TGT Feb 05, 2014
Apple Quietly Builds New Networks http://t.co/bncx84P4RW $AAPL certainly has spare $$ to throw at it, enhancing service quality $NFLX $GOOG Feb 04, 2014
H-P Finds Accounting Errors at Autonomy Unit http://t.co/9cQFBamwpI We knew it was a dumb deal at the time, now $HPQ shows just how dumb $$ Feb 04, 2014
Prophet of No Profit: How Jeff Bezos won the faith of Wall Street. http://t.co/eaZmKgfnir Moats, operating leverage, pricing power $$ $AMZN Feb 01, 2014
Ask Buffett what he would be willing 2pay 4 $AMZN — after all, it has significant moats. I think he would put it in the “too hard” pile $$ Feb 01, 2014
Rest of the World
China, the Death Star of Emerging Markets http://t.co/zFmo0RkXva @williampesek points at financial bubble in China; what will make it pop $$ Feb 08, 2014
Scandal Tests Chinese President’s Standing With Military http://t.co/cHGvLtROFE Corruption is a major issue 4 China, between Party & Army $$ Feb 08, 2014
Saudi Twitter Debate as Citizens Criticize Government http://t.co/quwkxpkHDX Social media allows criticism tht would not b done in public $$ Feb 05, 2014
China Savers? Penchant for Property Magnifies Bust Danger http://t.co/yrfDYQK5KH Anytime a single investment strategy dominates -> worry $$ Feb 05, 2014
Pimco?s Bill Gross Says He Avoids China ?Mystery Meat? http://t.co/My6P5x1jE0 Great phrase as we do not know much about indebted China $$ Feb 05, 2014
Sao Paulo Biggest Water-Supply System May Run Dry Within 45 Days http://t.co/fEcioInfjX Many water systems r near their limits globally $$ Feb 05, 2014
Emerging Stocks Drop to 5-Month Low Led by China as Ruble Gains http://t.co/aWgDSdVBUt Not all emerging mkts r equal, some financed wrong $$ Feb 04, 2014
Japan Sees Worst Developed-Stock Rout as Nikkei 225 Drops http://t.co/UQDhX1a3XL Current mkt reveals weak underlying fundamentals $$ $FXY Feb 04, 2014
Dad Can?t Buy Daughter Shoes as Argentine Currency Falls http://t.co/WTnUn1Okf0 ?Do you know how I feel buying my daughter used shoes?? $$ Feb 04, 2014
Argentina Scrambles To Raise $10B, Avoid Reserve Collapse; BONARs Bidless http://t.co/Xx4t0dFqCk Only hold hard assets in Silverland $$ Feb 04, 2014
EM rout? Or Intervention Sunday? http://t.co/d54Qjj4X2S Difficult to tell what Developed Mkt policymakers will do, they r strapped @ home $$ Feb 04, 2014
Argentina Bust Lures Investors After 200 Years of Defaults http://t.co/YoWjotidcp Invest in the hard stuff, land does not depreciate $$ $IRS Feb 04, 2014
Emerging-Market Rout Seen Enduring on Low Real Rates http://t.co/RTxP6GjMVw Funding structures of some emerging markets fall, $$ goes 2 $TLT Feb 04, 2014
Canadian Oil Rises as California Ships in Record Amount by Rail http://t.co/CKvu4BEqJl Retweet after me: Pipelines r cleaner & safer $$ Feb 04, 2014
Analysis: Emerging markets outlook not rosy, but valuations tempt http://t.co/hADIRvUK5g This may b a time 2nibble, not a time 2gulp $$ $EEM Feb 04, 2014
US Politics & Policy
?
AOL is leading the way to make 401(k)s worse for everyone http://t.co/AnlQ1Ud6Ds Meh; new employers will compensate workers that lose $$ Feb 08, 2014
‘Six Californias’ plan difficult but doable, assessment shows http://t.co/nuw3S6rLVl Ideas like this come & go in a fragmented California $$ Feb 08, 2014
No, CBO did not say Obamacare will kill 2M jobs http://t.co/RHsSai7rwv Rather, will discourage 2M from working full-time; big deal $$ Feb 08, 2014
Ex-NSA Chief Details Snowden’s Hiring at Agency, Booz Allen http://t.co/EWRuqlViXW Snowden set back US intelligence by 20+ yrs. Good. $$ Feb 06, 2014
Going on 30, Living With Mom and Dad http://t.co/Wo4YB74mKo Part is being slow 2 marry, then education, poor career choices, motivation $$ Feb 04, 2014
Crop Insurers Win as Congress is Poised to Pass Farm Law http://t.co/rFNrEDhYkZ If we can’t reduce ag subsidies when ag is healthy… $$ Feb 04, 2014
Obamacare Wonks Flunk Data Analysis http://t.co/Ss2Tc3q2e9 You can show lots of savings if u show your winners & hide your losers $$ $SPY Feb 04, 2014
CBO: Obamacare Will Lead To 2M Fewer Workers In Labor Force By 2017 http://t.co/OsCrQOUORb Unintended consequences; fix this, break that $$ Feb 04, 2014
Fed Presidents Say Stock Decline Unlikely to Derail QE Taper http://t.co/pdoloENc9L In the short-run true, but if the decline persists… $$ Feb 05, 2014
Investment Manager Explains Why 99.5% Of Americans Can Never Win http://t.co/MqngZy7zZW Tax code is cockeyed, wealthy can avoid taxation $$ Feb 04, 2014
How Feds? Double Standard Enables Bad Bankers http://t.co/AGok7eeqdU Simple: little bankers get prosecuted; big banks get fined $$ $BNK $XLF Feb 04, 2014
Early Drive for Hillary Clinton Unsettles Democrats http://t.co/Hb3lJnpnr6 Some Worry It Will Siphon $$ from Candidates in Midterm Elections Feb 04, 2014
You Can Thank or Blame Richard Stanger for Writing 401(k) http://t.co/wX38lGA4m4 Many important laws r accidental; killed DB pensions $$ Feb 04, 2014
ISM Miss Is Ugly All Around http://t.co/Px97nGSccl I’ve been arguing that the economy is weaker than it looks 4 a while; here’s a clue $$ Feb 04, 2014
US Banks Ease Loan Standards in Fed Survey as Demand Rises http://t.co/etkDJPLLhN Can inflation b far behind if this persists? $$ $TLT $TIP Feb 04, 2014
California Dries Up as Brown Pushes $15B Tunnel http://t.co/r4boO9Tzzo If u don’t allocate water economically, becomes a political fight $$ Feb 04, 2014
Why I Did Not Go To Jail http://t.co/4EtyFFyTyg @bhorowitz good read on the importance of proper company, legal, & incentives structure $$ Feb 08, 2014
Daniel Suarez Sees Into the Future http://t.co/kkLkxcmvnv ‘Influx’ may propel sci-fi writer in2 void left by Tom Clancy &Michael Crichton $$ Feb 08, 2014
Why Melted Cheese Does the Trick http://t.co/ZACj1EaWKB Creaminess enhances the textures and flavors of other foods $$ $KFT $DF Feb 06, 2014
Deadly New Bird Flu Strain Spawned by Virus Behind H5N1 http://t.co/b0fLG89fkg This is overblown. People die from the flu each year $$ $SPY Feb 05, 2014
Young Bankers Seek ?Good Yield? With Their Own Nonprofits http://t.co/gJZVwJ5lse Wealthy & powerful like 2b thought benefactors $$ Lk 22:25 Feb 04, 2014
How the Seattle Seahawks solved Peyton Manning http://t.co/0P0kiHnddI Even if u r not into football, interesting 4 understanding strategy $$ Feb 04, 2014
Super Bowl Safety Is Blow for Broncos and Las Vegas Sportsbooks http://t.co/2vXpm4IRbl The odds r interesting to read 4 unusual bets $$ $SPY Feb 04, 2014
Microsoft Adds Momentum to ?Open Science? |http://t.co/Ar6WCDKNug Understand that scientists r not neutral observers; they have 2 publish $$ Feb 04, 2014
Carney leaving CNBC for WSJ?s ?Heard on the Street? |http://t.co/dRNtplkOQB @carney gets a significant promotion! Congrats! $$ $SPY $TLT $GE Feb 01, 2014
Other Economics
Free Checking Is Disappearing Perk http://t.co/pZwsA0u3sl Smaller banks often offer better deals than big banks on checking $$ $XLF $SPY Feb 08, 2014
More Men in Prime Working Ages Don’t Have Jobs http://t.co/YmAjNcQrc5 1 of the qualitative factors that show how punk the economy is $$ $SPY Feb 08, 2014
An International Gold Standard Beats The Rule Of The Governing Elite http://t.co/GoTHUVusXK Old, makes point gold standard was better $$ Feb 05, 2014
Wrong
Wrong: High unemployment putting the ECB in isolation http://t.co/wlBQOP7JqM Loose monetary policy doesn’t lower L-T unemployment $$ #global Feb 08, 2014
Wrong: America The Startup http://t.co/C0Rax7KPJP Worth a read, but the writer does not really understand the Pilgrims or the Puritans $$ Feb 04, 2014
?
Retweets, Replies, & Comments
@HistoryInPix Cemented the creation of the graphical user interface, buggy in prior versions, aside from pricey Macintosh ghetto Feb 06, 2014
‘ @catofwallstreet the credit cards will have chips, not us- already have these in Europe. Also, consider amillenialism or postmillenialism. Feb 05, 2014
RT @PUMPSandDUMPS: This fan says it all http://t.co/MryfT9l04a #pennystocks Feb 05, 2014
Ice falling, branches too, west of Baltimore — kind of pretty $$ #weather Feb 05, 2014
@DavidSchawel The difference between dollar-weighted & Time-weighted returns is crucial but few get that. Good tweet on $DBLTX $$ Feb 05, 2014
RT @DavidSchawel: Retail psychology: chasing performance, then puking the bottom & missing the bounce-DBLTX Fund assets vs adjusted NAV htt? Feb 05, 2014
RT @cate_long: Cheers! “@carney: Thanks everyone! Very excited to be joining the @wsjheard team! Some details here http://t.co/sjLSyTMIEH Feb 01, 2014
Argentina to Ease Currency Controls After Devaluation http://t.co/pnDs7kHHDb Argentina finally does something smart that will stabilize $$ Jan 25, 2014
Contagion Spreads in Emerging Markets as Crises Grow http://t.co/8tQg0o3wEA The Volatility Machine amplifies the tightening of the Fed $$ Jan 25, 2014
Traders watching for signs to see if this sell off is the big one http://t.co/EujnhyTV3z Feels like Shanghai Feb2007, market up&then died $$ Jan 25, 2014
Stocks Slide Toward Biggest Weekly Drop Since May http://t.co/AJ8JGDmZNl Volatility Machine kicks in, as emerging markets get hammered $$ Jan 25, 2014
China Moves to Avert Shadow Lender’s Default http://t.co/X6UnupKats China wants 2 avoid defaults, but what will they do when too big? $$ Jan 25, 2014
China Trust Products Gone Awry Evoke Soros Crisis Echoes http://t.co/sMEaYwiS61 Really sounds like China has a lot of Ponzi schemes going $$ Jan 25, 2014
China-Dumps-Dollars Hoax Not So Funny http://t.co/nvNpEgGK42 Remember the mercantilists lost. The neomercantilistic Chinese will lose big $$ Jan 25, 2014
Argentine Default Chaos Relived as Blackouts Follow Looting http://t.co/EW7kZrzbOa & Argentine Peso Drops http://t.co/nD9qMSJxla A mess $$ Jan 24, 2014
Fool’s Gold: Behind Nu Skin’s Chinese Subculture http://t.co/FiwozVHn6y What does the party think about a business that sounds cult-like? $$ Jan 24, 2014
Rousseff Debuts at Davos to Assure Investors She Had Spurned http://t.co/YTr84l0eTg Shortly after Dilma elected, I sold Brazilian stocks $$ Jan 22, 2014
Energy
You can?t be sure of Shell ? or shale http://t.co/5n1PLW2msn Behemoth oil companies are like utilities &pay good dividends, meh cap gains $$ Jan 25, 2014
Steady oil market at risk from sabotage, instability http://t.co/zHMkSoGlsD This is normal 4 the oil market; no reason to worry $$ Jan 25, 2014
Dunno: Polar Pig Deserves Little Blame for Propane Shortage? http://t.co/ehK6qV9cRl I think corporations & individuals should stockpile $$ Jan 24, 2014
Quoting Bible, using Joseph stockpiling grain in Egypt, neglects an interpretation rule: u can’t get doctrine from a historical passage $$ Jan 24, 2014
Energy is gradually decoupling from economic growth http://t.co/gn09N1yIJH What is really meant is that we continue to get more efficient $$ Jan 24, 2014
Valero forecasts 4Q results above expectations http://t.co/NIOthsoMsl Well run company has a surprise beat FD: + $VLO $$ Jan 24, 2014
European businesses rushing to find Iran bonanza http://t.co/2258VWxDG9 Greed of businesses overcoming ideology of political allies $$ Jan 24, 2014
Megaprojects a megaheadache for oil bosses http://t.co/X3IXqYAVDa Big projects almost always tend to lose $$ Jan 23, 2014
How America?s Fracking Boom Helps 2Boost Treasuries Demand http://t.co/lyAXsrmTUo Funny, but when we ran deficits, foreigners bot r bonds $$ Jan 22, 2014
Market Impact
Gundlach Counting Rotting Homes Makes Subprime Bear http://t.co/SXM2uwxd0Z Gundlach moves on anticipating a bearish housing situation $$ Jan 25, 2014
One in Three Audits Fail, PCAOB Chief Auditor Says http://t.co/FCZMp7tGfF No surprise. Some accounting requires intelligence of actuaries $$ Jan 25, 2014
How to invest in the hottest stock sectors http://t.co/ZIaKwXmdma I’ve written about this b4. It works, but it flames out occasionally $$ Jan 25, 2014
6 reasons your investments stink http://t.co/4NfbdyIMsm Good asset allocation considers time horizon, & asset class relative valuations $$ Jan 25, 2014
6 flawed rules of personal finance http://t.co/nO5kOsmVsb Generally right, except you shouldn’t spend >4% of your lump sum per year $$ Jan 25, 2014
Hard-to-Sell Junk Debt Lures Oaktree to JPMorgan http://t.co/MyJdNpw4Fo I respect Marks; there r no absolute values 2b had in junk debt $$ Jan 24, 2014
The mountain without Mohamed http://t.co/joadD6Wp2D Pimco is a “quant shop” which grew too large for the markets that it exploits $$ $TLT Jan 24, 2014
Goldman Stocks Strategist Fends Off ?Barrage? After Valuation Call http://t.co/nNCz1syP8m No one ever gets popular opposing a boom. $$ $SPY Jan 24, 2014
Bubbles as a deflationary escape chute http://t.co/hiDhyar3aD There are simpler & safer ways to run economic policy. Regulate banks hard $$ Jan 23, 2014
Pressure mounts for corporates? cash piles to be put to work http://t.co/WBdUF52rz2 1 corporation’s cash is another corps short-term debt $$ Jan 23, 2014
Floating Notes Debut in US as Cash Chases Fewer Securities http://t.co/9On051rHUu This will be good 4 money market funds in the short-run $$ Jan 23, 2014
Why IBM Should Stop Buying Its Stock http://t.co/1gsVe7tLpS If you have highest price in the Dow Jones Industrial Avg u get more scrutiny $$ Jan 23, 2014
Buffett Backs $1B NCAA Hoops Tournament Prize http://t.co/MLvgHtx7NX Almost no way that Buffett can lose here; perfect bracket impossible $$ Jan 22, 2014
US Bank Risk Guidelines Would ?Accelerate? Enforcement http://t.co/DaeYf9zoje I’m not sure this will work, but it will bulk up compliance $$ Jan 22, 2014
CFOs Use Face Time, Plant Tours to Court Shareholders http://t.co/7CHts6TqdO This isn’t new, but it is wise to build goodwill w/investors $$ Jan 22, 2014
Why earnings could grow http://t.co/Zmwatc3v87 h/t: @ritholtz rising profitability, overseas biz, wise cap allocation, reasonable val’ns $$ Jan 22, 2014
Why ‘Peak-Earnings Models’ Are Nonsense http://t.co/Sa3uAci0pj Let’s see where actual unadjusted earnings are, & see if they are growing $$ Jan 22, 2014
Pimco CEO El-Erian Resigns http://t.co/Bl05w8h5Tn U have 2 remember that Pimco is a “quant shop.” They follow their models, not people $$ Jan 22, 2014
Gold-Price Banks Meet Amid Regulatory Pressure http://t.co/2W5hTdfKpm Post-LIBOR probe it’s in their interest to solve it quietly if poss $$ Jan 22, 2014
?
Rest of the World
Iceland Traps Hedge Funds in Refusal to Discuss Bank Claims http://t.co/kVUcp2fXvf Iceland delays claims from the crisis, cares 4 people $$ Jan 24, 2014
Merger Bonanza Hits Finland as Economic Pain Becomes Asset http://t.co/FXCOFmQABx Finnish assets r cheap, & other firms buy them up $$ Jan 24, 2014
Sochi Security Slalom Shows Terror Risk With Putin on Guard http://t.co/ij243mnvCN Russia will try hard, but will they prevent terrorism? $$ Jan 24, 2014
Investors Seek Yields in Europe, but Analysts Warn of Risk http://t.co/a3eXCJjgqc Seek a margin of safety & don’t reach 4 yield anywhere $$ Jan 24, 2014
Europe, Facing Economic Pain, May Ease Climate Rules http://t.co/2aK9oLpKg6 What a hoot! The Eurocrats turn their back on global warming $$ Jan 24, 2014
West Explores Plan B for Forces in Afghanistan http://t.co/9cKJcmzbyt If Afghans don’t want the US, we should leave; fractious place $$ $TLT Jan 24, 2014
Can Rising Property Values Spur Wary Japanese to Spend? http://t.co/fsrr5ArGtP Dangerous game, at the end 2much debt & 2 little cash flow $$ Jan 24, 2014
Israeli Ultra-Orthodox Do the Math in Bid to Enter Workforce http://t.co/afrV0U0fd4 Think of Dark Ages where 25% were supported by others $$ Jan 23, 2014
Olympics host Sochi remains a volatile region http://t.co/B8gwlvHrOR A great test 4 Russia; how well can u protect a perfect target $$ $SPY Jan 22, 2014
Abe Eyes Land-Price Reflation to Spur Construction Boom http://t.co/1QMMntydBq But Abe thinks he will succeed in creating property bubble $$ Jan 22, 2014
Pimco Dropping Linkers Calls Time on Abenomics Inflation Target http://t.co/r37SBu12G5 Pimco doesn’t believe Abenomics will inflate much $$ Jan 22, 2014
Companies & Industries
?? Fed May Protect Warren Buffett as a National Treasure http://t.co/zTdv5t6tTz Unlike most, Buffett has more than enough cash 2 survive $$ Jan 25, 2014
T-Mobile Answers Call of Underbanked as Banks Fail to Pick Up http://t.co/sAl7vhJJlP New cheap way 2do payments w/o a bank account $$ $TMUS Jan 24, 2014
eBay CEO Says Icahn PayPal Spinoff Makes No Sense http://t.co/4bKyeBMODa Then rename the company Paypal,& spin off $EBAY . $$ Jan 24, 2014
What Bankers Need to Know About the Target Breach http://t.co/L6XXJaFmVY Detailed; explains how credit data captured, stored & sent $$ $TGT Jan 24, 2014
Pinterest CEO Ben Silbermann on Being a Dad &Running a Company http://t.co/exLTi0CLyi The “Glass Ceiiing” Means u care about your family $$ Jan 23, 2014
Madoff Haunts Yeshiva as University Slides to Junk http://t.co/ZbNeoudT1k Wise 2 avoid board conflicts where board member invests 4 board $$ Jan 23, 2014
Diamond Foods CFO on Recovering From a Crisis http://t.co/aVFn9zioB9 America offers unlimited second chances, but clean things up or else $$ Jan 23, 2014
Dan Loeb’s Third Point Discloses Stake in Dow Chemical http://t.co/2RuMuNEKjK Separate petrochemicals from specialty chemicals $$ $DOW #easy Jan 22, 2014
Buffett Leans on 29-Year-Old Cool to Oversee Problems http://t.co/NfABsLkBzD The start of a gradual centralization of $BRK-B businesses $$ Jan 21, 2014
?
US Politics & Policy
Thrill of Obama Home Visits Fades for Americans Cited at Events http://t.co/x0aWw6ddia Change seems like spare change or loose change now $$ Jan 25, 2014
Why Uncle Sam Can’t Guarantee College Grads a Job http://t.co/oM0htsJcLk College is debauchery, not job preparation; end the subsidies $$ Jan 25, 2014
Tor Anonymity Software vs. the National Security Agency http://t.co/mhBGgZPZyS Very cool, let TOR hide private communications from Gov’t $$ Jan 25, 2014
The Sleepiness of a Hollow Legend http://t.co/d2NRpymDBP Peggy Noonan on State of the Union Address. I never listen to them; not worth it $$ Jan 25, 2014
Resolved: Obamacare Is Now Beyond Rescue http://t.co/SXiG685Z2r Idea is most of the improvements won’t survive the necessary cost cuts $$ Jan 24, 2014
NSA?s Spying on Phone Calls Illegal: US Privacy Board http://t.co/ZStT1WAiwT Should not be written off; this aids a healthy debate $$ $SPY Jan 24, 2014
US Healthcare
More Women Seeking Medical Help to Get Pregnant http://t.co/8ICRmFNKx3 Natural result of delaying marriage, or not marrying at all $$ Jan 24, 2014
Where Have All the Uninsured Gone? http://t.co/0jlpsHORUj They don’t want insurance. They will take their risks & pay as they need to $$ Jan 23, 2014
How Qualified Is Your Doctor? http://t.co/XkAxYmjsA6 Hard 2 tell, is certification busy work or real testing? $$ Jan 23, 2014
Circumcision Coverage Comes Into Focus http://t.co/rZ24KWxvGb One of those issues where if someone has a view, it tends 2b polarized $$ Jan 22, 2014
Other
How Real is Spike Jonze’s ‘Her’? Stephen Wolfram and Peter Norvig Weigh In http://t.co/IgJG3bdrYr AI will not get self referential ideas $$ Jan 25, 2014
New York Officials Arrest Man in Lufthansa Heist http://t.co/toMAGIz5ck It took 35 years, but finally an arrest 4 the ’78 heist & others $$ Jan 24, 2014
Card-Theft Software Grew in Internet’s Dark Alleys http://t.co/cvTgCMC0lA The losses occurred from Target missing hacks of credit cards $$ Jan 23, 2014
Give the guy a second chance. Yes he blew it once b4, but he is smart and now knows what the limitations r http://t.co/6Fbp1jc6EJ $$ Jan 23, 2014
Can a Disgraced Trader Get a Job in Academia? http://t.co/qjoP4duPQL He deserves a second chance; that is what makes America great $$ Jan 23, 2014
Vital Signs: More Households Don?t Own a Car http://t.co/HBlc8L9z1V More options available 4 getting around & owning a car is costly $$ Jan 22, 2014
Top employers for flexible and work-at-home jobs http://t.co/UGz6F2XMae Home work getting more common, challenges managing the dispersed $$ Jan 21, 2014
Wrong
Wrong: This 100-year-old idea could end San Francisco?s class war http://t.co/Wtxk7wwsvH Sorry, land tax would get passed to renters $$ Jan 24, 2014
Dunno: Don’t Care About Deficits? Vote Republican http://t.co/1BKNS2m80j The t-party cares about deficits & they r growing in the GOP $$ Jan 24, 2014
Wrong: Huge cash pile puts recovery in hands of the few http://t.co/8rRHHFpZJN Most of the cash collateralizes derivatives, etc. Not free $$ Jan 24, 2014
?
Comments, Replies, Retweets
Roddy Boyd finds alleged Ponzi schemer http://t.co/GRBY0dqLqv What a guy, Roddy Boyd. $$ Jan 24, 2014
@footnoted @theofrancis @BoydRoddy His skills r considerable, as r his ethics. $$ Jan 24, 2014
@pmarca I’ve said that, but less colorfully; the market reflects all information acted upon, including errors. $$ Jan 23, 2014
@maoxian Good point, will have to consider that. But board should not have members investing for them $$ Jan 23, 2014
Wrong: UBS Tells Davos Leverage Ratio Over-Reliance Threatens Stability http://t.co/DZ5gfHmXXK After a crisis from overleveraged banks? $$ Jan 22, 2014
Aberdeen Buys Thailand?s Stocks Amid Worst First-Day Drop http://t.co/3W6F8v7APS Thailand is worth a look, the Army tends to stabilize $$ Jan 04, 2014
Rousseff Buoyed by Rising Poor as Brazil Rating Drop Looms http://t.co/u28ILaBsSe Y I sold all Brazil investments when Dilma was elected $$ Jan 04, 2014
Who Needs Bitcoin? Venezuela Has Its ‘Sucre’ http://t.co/mO29dvSb5Q Trade Bolivars @ official rate 4 Sucre 2 Dollars 2 black mkt Bolivars $$ Jan 04, 2014
JPMorgan Halts Latvia Dollar Deals After Probes, Group Says http://t.co/hrsCfHXxG1 Latvian banks do $$ laundering w/sloppy investment banks Jan 03, 2014
Cheaper Hanoi Pork Shows Crops Ease World Food Cost http://t.co/Lh7AJ0W4jX Bumper grain harvests in the US & India lower world food costs $$ Jan 02, 2014
Chinese Banks Eye Global Bond Market http://t.co/NWMZPwzggu B leery of Chinese bank subordinated debt convertible into equity in failure $$ Jan 01, 2014
Explaining Hybrid Securities to Chinese Investors http://t.co/PlNYC6iZ55 Think the Chinese will regret this financial innovation in time $$ Jan 01, 2014
Unusual Emerging-Market Bond Bet Pays Off http://t.co/9RDw5iKLnl W/lots of liquidity, this was a year 4 the trash 2 fly: Argentina/Greece $$ Jan 01, 2014
Israel’s Christian Awakening http://t.co/KnXrPhf9lp Arab Christians find common ground w/Israeli State vs Arab Muslims to defend Israel $$ Jan 01, 2014
Bank Borrowing From ECB Jumps http://t.co/LkOcZ9kn4c Every bank likes 2 look liquid at year end 4 the snapshot of its balance sheet $$ Jan 01, 2014
The unintended consequences of Abenomics http://t.co/iZkiKE1vWD @soberlook shows us how the poor & elderly r hurt by Abenomics $$ Jan 01, 2014
Repeated Liquidity Crunches Beg a Question: Where’d the Money Go? http://t.co/el0ITutTxc Provides liquidity 2 WMP Ponzi schemes of banks $$ Jan 01, 2014
The Rise and Fall of a Local Official Obsessed with GDP Growth http://t.co/rDltv3HwiV Statistics stretched2make things look better $$ Jan 01, 2014
Argentina?s socioeconomic statistics: Still lying after all these years http://t.co/UUCPLhqOY2 Official statistics r fudged 2help govt $$ Jan 01, 2014
Miss Japan Ikumi Yoshimatsu joins battle against mafia in the media http://t.co/riMMv8TSMd Can one beauty take on the Yakuza? She can try $$ Jan 01, 2014
It’s Official: Pope Has Not Abolished Sin, Says Vatican http://t.co/WBrqw5HJEn That may be, but he certainly downplays its importance $$ Jan 01, 2014
Turkey first of Fed Taper victims as political crisis scares investors http://t.co/wQssI4hIeO monetary policy tightening reveals weakness $$ Jan 01, 2014
US Politics & Policy
?
MIT Economist Seeks Facts in Health-Care Policy Debate http://t.co/yY96lxT5dJ Amy Finkelstein worth watching as she measures healthcare $$ Jan 04, 2014
Someone Please Help New York Times With Econ 101 http://t.co/yABRFhpHve I’m sorry @cabaum1 , but there is no hope 4 the NYT, e.g. Krugman $$ Jan 04, 2014
America Burning – The Yarnell Hill Fire Tragedy and the Nation’s Wildfire Crisis http://t.co/lE5bjUwbba Volunteer firefighters risk lives $$ Jan 03, 2014
Bakken Crude More Dangerous to Ship Than Other Oil http://t.co/v7w5NdaTDu Lighter hydrocarbons tend to b more flammable, need 2 test them $$ Jan 02, 2014
If 2013 Was Hard on Obamacare, Just Wait for 2014 http://t.co/VSkDtqznNR An actuarially unsound program will get worse over time $$ #watch Jan 01, 2014
Obamacare Enrollments Hit 1.1M W/December Surge http://t.co/cbZ2tjDZmD B interesting 2c how well the policy is liked as taxes/prems go up $$ Jan 01, 2014
Americans on Wrong Side of Pay Gap Run Out of Means to Cope http://t.co/ymB8hshL8L Labor is not scarce & QE inflates necessities & stocks $$ Jan 01, 2014
TRICKY DICK: Only Nixon less popular than President Obama in Year 5 http://t.co/ingFHQhzjt B interesting 2c if it affects 2014 elections $$ Jan 01, 2014
Portfolio Hedging Is Alive and Well Under Volcker http://t.co/72w48Apm4A The “London Whale trade” & things like it r legal w/Volcker Rule $$ Jan 01, 2014
Buffett’s year-end bet: Pipelines http://t.co/B4bjfvCNjN Fits in nicely w/Lubrizol & $BRK-B other chemical assets | FD: + $BRK-B & $PSX $$ Dec 31, 2013
Icahn to FT: Why Shouldn?t My Board Picks Share in Profits? http://t.co/exjNK6Mbk3 Company Sale not always S/H best interests in long run $$ Dec 31, 2013
North Dakota Train Fire Adds Fuel to Keystone XL Debate http://t.co/H60WTHlrB8 Pipelines r more reliable than trains on average $$ $SPY $TLT Dec 31, 2013
SEC pushes US insurers for details on ‘captives’ http://t.co/Q0Wiw3otmK Isn’t primarily a GAAP issue, so the SEC is on the wrong track $$ Dec 31, 2013
Acquisitions Continue to Support AJG http://t.co/Pb6iGPuMkb Zacks goofs again. Validus $VR isn’t an insurance broker, but a P&C reinsurer $$ Dec 31, 2013
?
?
Companies & Industries
Can’t Get Tenure? Then Get a Real Job by @asymmetricinfo http://t.co/E5mZEqxexH Professors are in ovversupply, look outside of academia $$ Jan 04, 2014
Yet Another Housing Cover Story From Barron’s http://t.co/2hv4FhM5Ft @ritholtz takes under on 5% growth in housing prices 4 next 3 yrs $$ +1 Jan 04, 2014
How Wall Street got snowed on weather derivatives http://t.co/3jDAqJ7dCi Weather is different everywhere; bespoke market can’t get volume $$ Jan 04, 2014
Cox to Buy Back Stake in AutoTrader http://t.co/R7EAcHANiM Who knew that AutoTrader was worth ~$7B; web middlemen can b worth a lot $$ $PCLN Jan 04, 2014
Berkshire Seen Failing Buffett 5-Year Test for First Time http://t.co/HUNer4hK0Y Had 2 happen sometime, amazing it went on4so long $$ $BRK-B Jan 02, 2014
Buffett?s Media General Deal Makes a Lot More Financial Sense Now http://t.co/YhI7BhxeFl Buffett has aready made what he put in in equity $$ Jan 02, 2014
The first 3D printed organ — a liver — is expected in 2014 http://t.co/jdOdK4MMwH If we can create native organs, impact will be huge $$ Jan 02, 2014
Stop Pouting About Tech’s Next Big Thing, It’s Here http://t.co/muEZd8l0lB We still haven’t maxed out utility of smartphones & tablets $$ Jan 02, 2014
Hertz Runs Over Activist Shareholders http://t.co/pTPzixT7Lc A strong poison pill; I’m surprised the price of Hertz went up on the news $$ Jan 02, 2014
Health: Scientists Look to Improve Cost and Time of Drug Trials http://t.co/xI21QAj5Ln Sounds promising, but will lose double blind rigor $$ Jan 01, 2014
Bitcoin Is a High-Tech Dinosaur Soon to Be Extinct http://t.co/OgVFDpcxmZ Bitcoin will die, but it is not right 4 governments 2monopolize $$ Jan 01, 2014
Home Prices Back at Peaks in Some Areas http://t.co/Z8WVCyff5i Most of it depends on how well the underlying local economies r doing $$ Jan 01, 2014
Market Impact
Why ‘Wildly Overvalued’ Stocks May Keep Rising http://t.co/wT6vprAEAl @ritholtz Low short rates, steep yield curve good 4 PE multiples $$ Jan 02, 2014
Pension Funding Levels Surged in 2013 http://t.co/zOSFbl18vY If a Defined Benefit plan is not fully funded now, likely it never will be $$ Jan 02, 2014
Finra to Crack Down on Brokers With High Number of Complaints http://t.co/mCzrlW71Jv If FINRA is prioritizing now, y didn’t they do it b4 $$ Jan 02, 2014
Amid Record Rally, Stock Picker Keeps Focus on the Basics http://t.co/pIO25JTQOa Sam Eisenstadt, a Pioneer at Value Line, Remains Bullish $$ Jan 01, 2014
Private Equity Enjoys a Record Year http://t.co/eRdqannfjW Firms That Buy & Sell Companies Are Set to Return >$120B to Investors for 2013 $$ Jan 01, 2014
Paulson Gets $490 Million as ?Mooch? Rotates to Equities http://t.co/btjTtZ0gIR Not sure y an action of Scarmucci’s firm gets such play $$ Jan 01, 2014
Persistence is a Killer http://t.co/U8HtQzBBje @reformedbroker points out how hard it is 2 keep outperforming; as AUM rises harder still $$ Jan 01, 2014
Stocks $3.7T Year Beats Bonds Most Ever on Funds http://t.co/2DHvPluCO8 What a year; I’m glad I limit my ability2b bearish w/my portfolio $$ Jan 01, 2014
S&P 500 Price to Book Value http://t.co/YGJJ7aDpjz Worth a look- P/B is around 2.7 at present up from 1.8 at the beginning of 2009 $$ $SPY Jan 01, 2014
Guess which hedge funds beat the roaring S&P 500? http://t.co/9286hLNy40 Robbins, Paulson, Loeb, Peltz, Tepper, Pucillo $$ $SPY Dec 31, 2013
Other
Green Bay Cold Threatens to Outfreeze NFL Ice Bowl Record http://t.co/aEZ7QK3JEA Cheeseheads will watch&freeze as 49ers go to their knees $$ Jan 04, 2014
Plosser: May Need to Employ Aggressive Tightening Campaign http://t.co/hIdwcS1ijH Fed doesn’t know what will happen & can’t control it $$ Jan 04, 2014
Auburn-Alabama: Inside the Greatest Play of All http://t.co/NK5tiEQTV4 Interesting details on the strategies employed by the two coaches $$ Jan 04, 2014
Business Buzzwords Generator http://t.co/e8E1MBN1ph Generate random buzzword phrases for cheap fun $$ Jan 02, 2014
Which Buzzwords Would U Ban? http://t.co/TswImvO8mc Going Forward, Low-Hanging Fruit, Disrupt, Epic, Incentivize, Game Change, Reach Out $$ Jan 02, 2014
Apple, Jacob Appelbaum and the National Security Agency http://t.co/vJrTmaKlHm Scary article & video of NSA projects by a security expert $$ Jan 02, 2014
Scott Yancey – FREE Live Real Estate Income Event http://t.co/85hnNPy2PP For losers only; learn how to attempt flipping property & lose $$ Jan 01, 2014
The Ride-Sharing, Handbag-Borrowing Productivity Revival http://t.co/E7orfPRiAW The internet allows people 2 share capital goods easily $$ Jan 01, 2014
Say Goodbye to the Same Old Steakhouse http://t.co/5A6cjn4E4L That most hidebound of dining institutions is long overdue for an update $$ Jan 01, 2014
2014 Resolution: This Year, I Will Blog http://t.co/UuaIej3QIw Easy 2 say, hard 2do. Tonight, Aleph Blog will give pointers on how 2do it $$ Jan 01, 2014
2013 Year in Review by David Collum http://t.co/PF4HnO2aWA “Austerity is not a policy; it is a consequence of bad policy” Bad year 4 him $$ Dec 31, 2013
Wolf of Wall Street
How the “Wolf of Wall Street” Is Still Screwing His Real-Life Victims http://t.co/ziYCK3MAoY 20% restitution made to victims. Not enough $$ Jan 01, 2014
An Open Letter to the Makers of The Wolf of Wall Street, and the Wolf Himself http://t.co/8PnIZp2Azy Daughter of a scammer critcizes film $$ Jan 01, 2014
Daughter of the Boiler Room http://t.co/7ajMRjN2mv What would it b like2b daughter of Jordan Belfort’s associate? Lots of $$ -> lots of debt Jan 01, 2014
My ?Wolf of Wall Street? Review http://t.co/sFFcCqeGte @reformedbroker validates much of the tale from his own early experiences $$ Jan 01, 2014
Wrong
?
Wrong: The Pope Is Right: Inequality Is Unjust http://t.co/0ZelLyi3V6 God is Sovereign & gives different people differing abilities $$ Jan 04, 2014
Wrong: Homebuyers Missing Housing Rebound Depend on Yellen http://t.co/uNmbAFB3S5 Too optimistic; Fed no longer controls long rates $$ $TLT Jan 03, 2014
Wrong: In Search of the Perfect Portfolio http://t.co/dOil5koE8p A fool’s errand. Environments change & no simple universal method $$ Jan 01, 2014
?
?
Comments, Replies & Retweets
@groditi For you, I think it would be worth $50+ to review what someone who used 2do it at Credit Suisse thinks. Get the company to pay $$ Jan 03, 2014
Commented on StockTwits: First time I have heard of Perceptron, thanks for introducing me to it. No, I don’t know… http://t.co/d2EtHTLFFi Jan 03, 2014
Commented on StockTwits: Also be aware that distributions from $AMLP have been somewhat irregular in the past:… http://t.co/Utul6cspT6 Jan 01, 2014
Commented on StockTwits: Just be aware that you have a concentrated position in an income vehicle. If interest ra… http://t.co/RDgBeiecyq Jan 01, 2014
Commented on StockTwits: What proportion of your investable assets is held in it? http://t.co/x6MUov551z Jan 01, 2014
@maoxian @randomroger But I’m glad you like it. I got the idea from @historysquared but realized it could be better 4 readers if I sorted Dec 31, 2013
@maoxian @randomroger I use “Allmytweets” http://t.co/xiSnKRldBe & since I do it weekly, search the word “sorted” to find where I left off Dec 31, 2013
