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Wednesday, November 09, 2016

Some thoughts the day after the election | The Incidental Economist

Some thoughts the day after the election | The Incidental Economist:

Let me say this for the record: President-elect Trump will be my President. I may not always like�everything he says or does, but from this moment on, he will be given the same respect in my writing that I afford President Obama. I want him to do well�because he represents my country, and his actions will affect my fellow citizens, my state, and my family. I hope he surrounds himself with knowledgeable advisors, especially when it comes to health care. We should applaud their commitment, and support them in their efforts to serve our nation.

I am sure I will not always agree with them. But I will remain civil, and I will try and convince them to do what I think the evidence says is right.

I hope you’ll all join us in that effort.

Wednesday, August 17, 2016

Review: In ‘Jason Bourne,’ a Midlife Crisis for a Harried Former Assassin - The New York Times

Review: In ‘Jason Bourne,’ a Midlife Crisis for a Harried Former Assassin - The New York Times



"a movie about human resources challenges in a large bureaucracy."



" a meditation on the crisis of the gen-x professional in the throes of middle age"


CSFB Ten attributes of Great Investors

https://doc.research-and-analytics.csfb.com/docView?language=ENG&format=PDF&source_id=em&document_id=1063945621&serialid=1wRGyN6EnJdsEAzicRfCQyDmuExS84d2HcYRBRMNZJ8%3d

Life is good

due to vaccines



https://ourworldindata.org/wp-content/uploads/2016/07/Vaccine-%E2%80%93-Reduction-of-Cases-and-Deaths.pdf

Tyson's Rationalia Pragmatism Rehash | National Review

most meaningful political disputes are fundamentally disputes over competing values.

Read more at: http://www.nationalreview.com/corner/437339/tysons-rationalia-pragmatism-rehash



Tyson's Rationalia Pragmatism Rehash | National Review

Algorithm for Sales Traders

Wait but. If you are trying to buy stock, calling the people who own a lot of that stock is not, you know, that creative. "Call the top five holders of a stock" is literally an algorithm. It is hard to make a robot chat application that can be convincingly human, but it's easy to make a robot chat application that can select the top five holders of a stock and message them "Ahoy friend, I see you own 5,000,000 shares of XYZ stock, do you fancy getting out of it? Good news, the Huskies won last night's game." 





Shareholders, Directors and Traders - Bloomberg View

Selling Donald Trump — FT.com

GOP elites hoping that Trump will be another frontman like W.



Selling Donald Trump — FT.com

New Yorker

http://static1.squarespace.com/static/52a74ecde4b01bb79a769329/t/575d922e7da24f2981092db0/1465750080617/Neu+Jorker%2C+Singles%2C+Lo-res.pdf?hootPostID=7874f19311b7ee893fdd42f78d60bd71

Friday, June 10, 2016

Avoid most hedge funds to make money - Business Insider

Everyone who invests in hedge funds will tell you that they are investing only in the best...



Avoid most hedge funds to make money - Business Insider

GDP - per capita (PPP) - Country Comparison

The trouble with statistics:



Iceland has a higher per capita GDP than Germany, Denmark or UK. Not sure that I saw that anywhere.

And Japan?





GDP - per capita (PPP) - Country Comparison

Voting Mistakes and Financial Choice - Bloomberg View

Voting Mistakes and Financial Choice - Bloomberg View



Which type are you?





Elsewhere in The Kids These Days, "Goldman Sachs attracted more than a quarter of a million applications from students and graduates for jobs this summer, suggesting fears of a ‘brain drain’ in the sector may be exaggerated as banks introduce more employee-friendly policies." You could sort of imagine three types of undergraduate investment banking applicants:
  1. The person who wants to work 100 hours a week on front-page deals while making piles of money.
  2. The person who likes the idea of getting 36 hours off every weekend.
  3. The person who applies for banking jobs because it's sort of what is expected in certain Ivy League majors and sports teams.
The declining compensation and increasing leisure in banking may be attracting more applicants of Type 2 and fewer of Type 1, which might change the culture a bit. But Type 3 should be pretty unaffected by the changes, and might be the dominant type.