My when is it going to stop raining in Portland? morning train Turkish coffee reads:
• Fund managers lose out from benchmarking (FT) see also The Pitfalls of Benchmarking (A Wealth of Common Sense)
• A Cheaper Way to Battle Recession (Bloomberg View)
• The Amazon Tax (Stratechery)
• Why Don’t Investors Stay True to Their Principles? Think Self-Deception (Think Advisor) see also Buy & Hold Can Be Risky, Too (Capital Spectator)
• How Americans’ Perceptions of the Economy Have Changed in Just Three Months (Real Time Economics)
• The Koch Brothers Have Started a New Family Office to Quietly Invest Their Fortune (Bloomberg)
• Ouch! Name-brand prescription drug prices in the US have doubled in the last five years (Quartz)
• DOJ’s Clear Threat to Go After Apple’s Source Code (EmptyWheel)
• The macabre truth of gun control in the US is that toddlers kill more people than terrorists do (Guardian)
• How to Steal a Nomination From Donald Trump (Bloomberg)
Be sure to check out our Masters in Business interview this weekend with Jack Bogle, founder of the Vanguard Group and inventor of the index fund.
Monthly global temperature anomaly & 12-months moving average
Source: The Guardian
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