Trump and the problem with the new normal

Trump and the problem with the new normal

America Needs Small Apartment Buildings. Nobody Builds Them - Bloomberg

America Needs Small Apartment Buildings. Nobody Builds Them - Bloomberg

Appalachia is Dying. Pikeville is Not. – In a State of Migration – Medium

Appalachia is Dying. Pikeville is Not. – In a State of Migration – Medium

Number of Women Coaching in College Has Plummeted in Title IX Era - The New York Times

Number of Women Coaching in College Has Plummeted in Title IX Era - The New York Times

This Chinese Stock Soared 4,500% on Nasdaq and No One Knows Why - Bloomberg

This Chinese Stock Soared 4,500% on Nasdaq and No One Knows Why - Bloomberg

‘Active management is worse than a zero-sum game’

‘Active management is worse than a zero-sum game’

Japanese equity business outstrips Hong Kong

Hilarious that cross shareholding unwinds are still a thing.



Japanese equity business outstrips Hong Kong

Robot Funds and Consumer Relief - Bloomberg View

Robot Funds and Consumer Relief - Bloomberg View

Improving Government Operations 2: Re-organization | askblog

Improving Government Operations 2: Re-organization | askblog

No, We Can’t Say Whether Cancer Is Mostly Bad Luck - The Atlantic

No, We Can’t Say Whether Cancer Is Mostly Bad Luck - The Atlantic

The Death of the White Working Class Has Been Greatly Exaggerated

lagged selection bias 



The Death of the White Working Class Has Been Greatly Exaggerated: lagged selection bias

Hedge Funds Are Training Their Computers to Think Like You - Bloomberg

Hedge Funds Are Training Their Computers to Think Like You - Bloomberg

Tax Reform Will Be a Nightmare - The Atlantic

Tax Reform Will Be a Nightmare - The Atlantic

So Much for Donald Mussolini - WSJ

So Much for Donald Mussolini - WSJ

10 Lessons From the Republican Health-Care Debacle

10 Lessons From the Republican Health-Care Debacle

Silicon Valley’s Quest to Live Forever - The New Yorker

Silicon Valley’s Quest to Live Forever - The New Yorker

Amazon’s shopping spree at business schools

Amazon’s shopping spree at business schools

10 Lessons From the Republican Health-Care Debacle

10 Lessons From the Republican Health-Care Debacle

The Cultural Roots of America’s Health Care Policy Mess | askblog

The Cultural Roots of America’s Health Care Policy Mess | askblog

New Health Care Plan: Open Source Drugs, Immigrant Doctors, and a Public Option | Beat the Press | Blogs | Publications | The Center for Economic and Policy Research

New Health Care Plan: Open Source Drugs, Immigrant Doctors, and a Public Option | Beat the Press | Blogs | Publications | The Center for Economic and Policy Research

Scraping By On Five Hundred Thousand A Year | Financial Samurai

Scraping By On Five Hundred Thousand A Year | Financial Samurai

Scraping By On $500,000 A Year | Financial Samurai

Scraping By On $500,000 A Year | Financial Samurai

The Hardest Question in Portfolio Management

The Hardest Question in Portfolio Management

Here’s Where David Rockefeller Was Different | Observer

Here’s Where David Rockefeller Was Different | Observer

Donald Trump: TIME Interview on Truth and Falsehoods | Time.com

Donald Trump: TIME Interview on Truth and Falsehoods | Time.com

The Trump Presidency Is Already a Joke | Vanity Fair

The Trump Presidency Is Already a Joke | Vanity Fair

Andre Agassi: ‘One day your entire way of life ends. It’s a kind of death’ | Donald McRae | Sport | The Guardian

Andre Agassi: ‘One day your entire way of life ends. It’s a kind of death’ | Donald McRae | Sport | The Guardian

How Cliff Asness Became A Billionaire By Building A Kind Of Vanguard Of Hedge Funds

How Cliff Asness Became A Billionaire By Building A Kind Of Vanguard Of Hedge Funds

Taibbi on Trump the Destroyer - Rolling Stone

Taibbi on Trump the Destroyer - Rolling Stone

Jeffrey Epstein: International Moneyman of Mystery

Jeffrey Epstein: International Moneyman of Mystery

Money Stuff: Unicorn Swaps and Falling Complacency - ofriel@gmail.com - Gmail

Disruptive financial innovation just works better at an incumbent bank.



Money Stuff: Unicorn Swaps and Falling Complacency - ofriel@gmail.com - Gmail: Disruptive financial innovation just works better at an incumbent bank.

Liberals and Nationalists: Compromise Without Reconciliation – Liberal Currents

Liberals and Nationalists: Compromise Without Reconciliation – Liberal Currents

High-Frequency Traders Fall on Hard Times - WSJ

High-Frequency Traders Fall on Hard Times - WSJ

Japan CDS prices fall to lowest level since 2008

Japan CDS prices fall to lowest level since 2008

America’s Confidence Economy by Mohamed A. El-Erian - Project Syndicate

Animal spirits.



America’s Confidence Economy by Mohamed A. El-Erian - Project Syndicate

The merger model: the next Kraft Heinz target — FT.com

The merger model: the next Kraft Heinz target — FT.com

Self-Driving Cars’ Spinning-Laser Problem - MIT Technology Review

Self-Driving Cars’ Spinning-Laser Problem - MIT Technology Review

FBI and NSA chiefs give Trump his worst day yet

FBI and NSA chiefs give Trump his worst day yet

David Rockefeller, banker and philanthropist, 1915-2017

David Rockefeller, banker and philanthropist, 1915-2017

Founder of peer-to-peer lending in new venture for SMEs

Founder of peer-to-peer lending in new venture for SMEs

The productivity paradox – Medium

The productivity paradox – Medium

Patagonia and The North Face: saving the world – one puffer jacket at a time | Business | The Guardian

Patagonia and The North Face: saving the world – one puffer jacket at a time | Business | The Guardian

You’re probably searching for a better life—but what if you already have it? — Quartz

You’re probably searching for a better life—but what if you already have it? — Quartz

Can Sully Transform the World of Self-Driving Cars? - The Drive

Can Sully Transform the World of Self-Driving Cars? - The Drive

The Mercers and Stephen Bannon: How a populist power base was funded and built - Washington Post

The Mercers and Stephen Bannon: How a populist power base was funded and built - Washington Post

The blow-it-all-up billionaires - The Huffington Post

The blow-it-all-up billionaires - The Huffington Post

Machines and markets: five areas to watch

Machines and markets: five areas to watch

Why I Dissented – Medium

Why I Dissented – Medium

How to save a penalty: the truth about football’s toughest shot

How to save a penalty: the truth about football’s toughest shot

Diversity or Excellence? | City Journal

Diversity or Excellence? | City Journal

Some Things I Wish I Would Have Learned in College

Some Things I Wish I Would Have Learned in College

New Yorker Financial Page – Christoph Niemann

New Yorker Financial Page – Christoph Niemann

Christians in the Hands of Donald Trump - The New York Times

Christians in the Hands of Donald Trump - The New York Times

Magnetic Hard Drives Go Atomic - Scientific American

Magnetic Hard Drives Go Atomic - Scientific American

Not always stocks for the long run.

In defence of Jim Cramer’s call to sell stocks in October 2008 | FT Alphaville

Ackman's Valeant Bust Shows the Cost of Inconsistency - Bloomberg View

Ackman's Valeant Bust Shows the Cost of Inconsistency - Bloomberg View

Successful Active Stock Investing is Hard: Here... | What Works on Wall Street

Successful Active Stock Investing is Hard: Here... | What Works on Wall Street

The Disintegration of Lancaster, Ohio - The Atlantic

The Disintegration of Lancaster, Ohio - The Atlantic

If You Think You’re a Genius, You’re Crazy - Issue 46: Balance - Nautilus

If You Think You’re a Genius, You’re Crazy - Issue 46: Balance - Nautilus

CONVERSABLE ECONOMIST: Differing Productivity Across US Industries

CONVERSABLE ECONOMIST: Differing Productivity Across US Industries

Marc Andreessen on Change, Constraints, and Curiosity - YouTube

Marc Andreessen on Change, Constraints, and Curiosity - YouTube

Fleur Pellerin: architect of France’s tech start-up scene

Fleur Pellerin: architect of France’s tech start-up scene

GOP Health Plan Would Hit Rural Areas Hard - WSJ

GOP Health Plan Would Hit Rural Areas Hard - WSJ

The New Party of No - The New York Times

The New Party of No - The New York Times

83% Of America's Top High School Science Students Are The Children Of Immigrants

83% Of America's Top High School Science Students Are The Children Of Immigrants

The problem with facts

The problem with facts

The Republican Health Care Crackup - The New York Times

The Republican Health Care Crackup - The New York Times

Performance Reviews and Bank Historians - Bloomberg View

Performance Reviews and Bank Historians - Bloomberg View:



Isn't the point of having a lot of money that it frees�you from the need to sit around and listen to people evaluate your performance?�

How to Think About the Trade Deficit - WSJ

How to Think About the Trade Deficit - WSJ

How America Lost Faith in Expertise | Foreign Affairs

How America Lost Faith in Expertise | Foreign Affairs

The poor ‘just don’t want health care’: Republican congressman faces backlash over comments - The Washington Post

The poor ‘just don’t want health care’: Republican congressman faces backlash over comments - The Washington Post

Goldman Sachs’ lessons from the ‘quant quake’

Goldman Sachs’ lessons from the ‘quant quake’

Iceland’s tourism boom — and backlash

Iceland’s tourism boom — and backlash

How China Built ‘iPhone City’ With Billions in Perks for Apple’s Partner - The New York Times

How China Built ‘iPhone City’ With Billions in Perks for Apple’s Partner - The New York Times

Google Ventures launches first European fintech investment

Google Ventures launches first European fintech investment

Family Offices, Dentists and Quants - Bloomberg View

Family Offices, Dentists and Quants - Bloomberg View:



The basic process of investing is that you look at some historical information, you make some predictions about the future, and you invest based on those predictions. At that level of generality, that's not a strategy that can become crowded; that's just what the process of investing is.

Hedge funds adopt novel methods to hunt down new tech talent

Hedge funds adopt novel methods to hunt down new tech talent

Republicans are now paying the price for a years-long campaign of Obamacare lies - Vox

Republicans are now paying the price for a years-long campaign of Obamacare lies - Vox

Professor Stephen Ross, inventor of arbitrage pricing theory, dies at 73 - MIT Sloan School of Management

Professor Stephen Ross, inventor of arbitrage pricing theory, dies at 73 - MIT Sloan School of Management

Quant Hiring and Friendly Tippers - Bloomberg View

Quant Hiring and Friendly Tippers - Bloomberg View

A Guide to Reading for Investors | Safal Niveshak

A Guide to Reading for Investors | Safal Niveshak

Citadel Joins Two Sigma Chasing Quants in Campus Recruiting Push - Bloomberg

Citadel Joins Two Sigma Chasing Quants in Campus Recruiting Push - Bloomberg

A Public-Health Crisis That We Can Fix - The New York Times

A Public-Health Crisis That We Can Fix - The New York Times

Bold Promises Fade to Doubts for a Trump-Linked Data Firm - The New York Times

Bold Promises Fade to Doubts for a Trump-Linked Data Firm - The New York Times

Bridgewater Associates Responds - The New York Times

Industry icon



Bridgewater Associates Responds - The New York Times

Noahpinion: How Charles Murray changed my mind

Noahpinion: How Charles Murray changed my mind

Vortex motion: Viral video showing Sun’s motion through galaxy is wrong.

Vortex motion: Viral video showing Sun’s motion through galaxy is wrong.

Fighting for New York’s Homeless: What’s Fair? - The New York Times

Fighting for New York’s Homeless: What’s Fair? - The New York Times

Yuval Harari, author of Sapiens, on how meditation made him a better historian - Vox

Stories



Yuval Harari, author of Sapiens, on how meditation made him a better historian - Vox

TheMoneyIllusion � An even greater moderation?

TheMoneyIllusion � An even greater moderation?

Saturday Morning Breakfast Cereal - Physics is Poetry

Saturday Morning Breakfast Cereal - Physics is Poetry

The New Yorker’s Big Cover Story Reveals Five Uncomfortable Truths About U.S. and Russia

The New Yorker’s Big Cover Story Reveals Five Uncomfortable Truths About U.S. and Russia