Sunday, January 31, 2016
Thursday, January 28, 2016
Wednesday, January 27, 2016
Tuesday, January 26, 2016
Ackman Letter
http://assets.pershingsquareholdings.com/2014/09/Pershing-Square-2015-Annual-Letter-PSH-January-26-2016.pdf
Friday, January 22, 2016
Thursday, January 21, 2016
An Infinite Contradiction, Bryan Caplan | EconLog | Library of Economics and Liberty
Minimum wage increases but employment is unchanged.
An Infinite Contradiction, Bryan Caplan | EconLog | Library of Economics and Liberty
An Infinite Contradiction, Bryan Caplan | EconLog | Library of Economics and Liberty
Will the Republican Party Survive the 2016 Election? - The Atlantic
Will the Republican Party Survive the 2016 Election? - The Atlantic
Frum wants Republicans to become Democrats:
Make peace with universal health-insurance coverage: Mend Obamacare rather than end it. Cut taxes less at the top, and use the money to deliver more benefits to working families in the middle. Devise immigration policy to support wages, not undercut them. Worry more about regulations that artificially transfer wealth upward, and less about regulations that constrain financial speculation. Take seriously issues such as the length of commutes, nursing-home costs, and the anticompetitive practices that inflate college tuition.
Frum wants Republicans to become Democrats:
Make peace with universal health-insurance coverage: Mend Obamacare rather than end it. Cut taxes less at the top, and use the money to deliver more benefits to working families in the middle. Devise immigration policy to support wages, not undercut them. Worry more about regulations that artificially transfer wealth upward, and less about regulations that constrain financial speculation. Take seriously issues such as the length of commutes, nursing-home costs, and the anticompetitive practices that inflate college tuition.
Wednesday, January 20, 2016
What does the market know?
https://www.oaktreecapital.com/docs/default-source/memos/what-does-the-market-know.pdf?sfvrsn=6
Tuesday, January 19, 2016
Monday, January 18, 2016
Sunday, January 17, 2016
Saturday, January 16, 2016
Friday, January 15, 2016
When Beauty Strikes - NYTimes.com
When Beauty Strikes - NYTimes.com:
The shift to post-humanism has left the world beauty-poor and meaning-deprived. It’s not so much that we need more artists and bigger audiences, though that would be nice. It’s that we accidentally abandoned a worldview that showed how art can be used to cultivate the fullest inner life. We left behind an ethos that reminded people of the links between the beautiful, the true and the good — the way pleasure and love can lead to nobility.
The shift to post-humanism has left the world beauty-poor and meaning-deprived. It’s not so much that we need more artists and bigger audiences, though that would be nice. It’s that we accidentally abandoned a worldview that showed how art can be used to cultivate the fullest inner life. We left behind an ethos that reminded people of the links between the beautiful, the true and the good — the way pleasure and love can lead to nobility.
Thursday, January 14, 2016
Goldman pays $15m over improper securities lending — FT.com
he that sells what isn't his'n buys it back or goes to prison.
Goldman pays $15m over improper securities lending — FT.com
Goldman pays $15m over improper securities lending — FT.com
Big Banks, Big Bond Deals and Big Jackpots - Bloomberg View
A good data-journalism project would be to keep track of all the investors who were inspired to enter finance by a particular person, divide them into teams based on their inspirations, and see who inspired the best investors. Warren Buffett? George Soros? Jesse Livermore? Michael Lewis? Gordon Gekko? Where do you think Thales falls on that list?
Big Banks, Big Bond Deals and Big Jackpots - Bloomberg View
Big Banks, Big Bond Deals and Big Jackpots - Bloomberg View
Wednesday, January 13, 2016
Tuesday, January 12, 2016
Monday, January 11, 2016
Saturday, January 02, 2016
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