My afternoon train reads:
• Bond Wars (Pimco) but see No, Bill, losing money on bonds is not like dying at the Somme (FT Alphaville)
• Confessions of an Institutional Investor (The Reformed Broker)
• The Tragedy of Errors (Above the Market)
• The Elephant In The (Money Management) Room (Capital Spectator) see also Sweeping changes under way at DFA (Investment News)
• Sorry, It’s Not A ‘Law Of Capitalism’ That You Pay Your Employees As Little As Possible (Business Insider)
• 5 signs Wall Street’s zombie apocalypse is at hand (MarketWatch)
• Medical Tourism: The Growing Popularity of Having Surgery Overseas (NYT)
• Conservatives once ridiculed Ayn Rand (Salon)
• How can we preserve the software of today for historians of tomorrow? (Slate)
• An Apple History Nerd’s Take on the Jobs Movie (Technologizer)
What are you reading?
Facebook vs US Treasuries
Source: Bespoke
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