10 New Years Eve AM Reads

Last day of the year reads! Get ’em while they are hot and fresh:

• The Best and Worst of the U.S. Economy in 2015 (Bloomberg)
• The 2015 Financial Market Awards (A Wealth of Common Sense) see also 2015 in Review: Hi-Yo, Silver! (Dash of Insight)
• The Year the Hedge-Fund Model Stalled on Main Street: Enthusiasm is fading for what had become one of the hottest products in asset management (WSJ)
• How Bad Has 2015 Been For Diversified Investors? (Ryan Detrick)
• Really rich people are suddenly paying quite a bit more in taxes (Wonk blog)
• Uber Says It’s Doing 1 Million Rides Per Day, 140 Million In Last Year (Forbes) see also In 2015, Dell Returned to Snatch EMC. Next Year He Will Need to Explain Why. (Re/Code)
• Bad news sells, and making dire forecasts is especially popular (Crossing Wall Street)
•  The Stratechery 2015 Year in Review (Stratechery)
• A year of reckoning: Police fatally shoot nearly 1,000 (Washington Post)
• 20 best National Geographic photos of 2015 (Bright Side)

Be sure to check out our Masters in Business interview this weekend with Venture Capitalist Bill Janeway of Warburg Pincus.

Crime Keeps Falling

Source: NYT


What's been said:

Discussions found on the web:
  1. RW commented on Dec 31

    Why oh why can’t we have a better press corps.

    Treating Global Warming Denialism Like a Sex Scandal
    We got an excellent display of the media’s ability to ignore global warming in the two presidential debates that took place immediately after the Paris climate talks. There was not a single question on global warming in either party’s debate.

    • willid3 commented on Dec 31

      i have come to a conclusion that the ‘media’ does every thing that they can to create a story. they really arent doing what they used to do, which was to speak truth to power. now they are just businesses that happen to have publish news. and that is all of them

  2. RW commented on Dec 31

    The virtue of some answers, particularly those supporting an ideology, is that they appear plausible but be unfalsifiable.

    Don’t Blame Uncertainty for the Slow Recovery
    A few years ago, when the economic recovery had not yet begun, a lot of people were asking why growth wasn’t picking up. …free-marketers and conservatives, who are generally against government intervention …turned to an alternative answer: policy uncertainty. This was the hypothesis that businesses were holding back investment for fear of possible government intervention. …

    So what policies, in 2008, threatened U.S. financial markets? Before the crash, financial regulation was not being emphasized by any credible presidential candidate …Meanwhile, when financial regulation actually did come, in 2010 in the form of Dodd-Frank, it did very little to hurt asset markets.

    Therefore there is good reason to be skeptical of the hypothesis …

    “You really don’t need to begin saving for retirement before you reach 60. At that point, simply save 250% of your income each year and you’ll be able to retire comfortably at 70.”
    –Jonathan Pond

    • willid3 commented on Dec 31

      if business is so afraid of uncertainty then how do they stay in business

  3. VennData commented on Dec 31

    ​George Lucas says he sold ‘Star Wars’ to ‘white slavers’ ​


    ​​How DARE he insinuate that ANY Dow component is in ANY way a “white slaver” while US troops fight ISIS​ who released their sex slave treatment bulletin.


    Disney is a wonderful, creative company where ideas flow, everybody gets to pitch in and every day is a holiday.

  4. RW commented on Dec 31

    Donald Trump’s Strongest Supporters: A Certain Kind of Democrat
    Donald Trump holds a dominant position in national polls in the Republican race in no small part because he is extremely strong among people on the periphery of the G.O.P. coalition.

    He is strongest among Republicans who are less affluent, less educated and less likely to turn out to vote. His very best voters are self-identified Republicans who nonetheless are registered as Democrats. It’s a coalition that’s concentrated in the South, Appalachia and the industrial North, …

    NB: I lived in the South for some years and strongly suspect that many of my neighbors registered Democrat because of tradition: Republicans were the party of that demon Lincoln and Dixiecrats ruled the South for generations. The Civil Rights Act changed all that as Lyndon Johnson knew it would but old habits die hard and registering Democrat is quite possibly an identity issue rather than a political alignment and not indicative of how someone will vote assuming they do vote at all.

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