10 Thursday AM Reads

My early morning train pre-fishing reads:

• Vanguard’s Gain Is Wall Street’s Pain as Billions Leave the Financial Industry(Bloomberg)
• Is QE unquestionably supportive for risk assets? I think not. (Bond Vigilantes) see also The Case for More Government and Higher Taxes (NYT)
• The Paradox of Quant (The Reformed Broker)
• A Swede Returns to Silicon Valley from China (Traintracks)
• Of Retirement Age, but Remaining in the Work Force (NYT)
• An American Is Left to Salvage BBC’s Ailing ‘Top Gear’ (Bloomberg)
• Charles Koch, unfiltered: ‘I don’t like the idea of capitalism’  (Wonkblog) see also Why the world’s third-richest man is attacking Donald Trump (Wonkblog)
• Can mythbusters like Snopes.com keep up in a post-truth era? (The Guardian)
• Israel Proves the Desalination Era Is Here (Scientific American)
• Expansion of the Early Universe Is Modeled in Unprecedented Detail (Scientific American)

Be sure to check out our Masters in Business interview this weekend with Danny Kahneman, behavioral & cognitive psychologist, author of Thinking Fast & Slow, and winner of the 2002 Nobel prize for economics.



China’s Corporate Cash Holdings Rise to Record
chinaSource: Bloomberg