My afternoon train reads:
• Pimco shows that star investors are not really solo artists (FT.com)
• Making a Move with Bond ETFs: What do you do when you want to sell one of your investments, but aren’t sure what to do next? (BlackRock) see also Bad Habits in Asset Allocation (Chief Investment Officer)
• RailPen, BT — 2 of the UK’s largest pension funds — are cutting exposure to hedge funds due to high fees and poor performance. (Financial News)
• Creating an Investing Frankenstein (TRB)
• As Growth in Germany Fades, Merkel Hints at a Shift in Economic Policy (NYT) see also China’s Plan for Regional Development Bank Runs Into U.S. Opposition (NYT)
• Comedian John Oliver Has Actually Produced Investigative Journalism (Talking Points Memo)
• VC chorus: Wild spending signals bubble trouble (InfoWorld)
• Shale Boom Tested as Sub-$90 Oil Threatens U.S. Drillers (Bloomberg) but see In the U.S., a Turning Point in the Flow of Oil (NY Times)
• A Rare Look at Design Genius Jony Ive: The Man Behind the Apple Watch (Vogue)
• Time’s Up for Astrology (Slate)
What are you reading?
Big Down Day Followed By Even Bigger Up Day
Source: Bespoke Investment Group
