10 Thursday PM Reads

Afternoon train reading:

• Swedroe: Don’t be a member of the hedge fund club  (CBS)
• Active vs. Passive: Try harder or do something easier? (Abnormal Returns) see also Stories Triumph Statistics (Seeking Wisdom)
• Beware Of The Walking Dead In Your Portfolio (Forbes)
• China in gold collateral financing shock (FT Alphaville)
• Intentions On Housing (Alhambra Partners)
• Elizabeth Warren book ‘A Fighting Chance’ recounts her Washington battles over financial regulation (Boston Globe) see also ‘Maker-taker’ may soon be a goner. (WSJ)
• Our health spending problem is all about prices (Vox)
• 7 Facts About Our Broken Tax System (The Nation)
• Verizon led massive astroturf campaign to end NJ broadband obligation (Ars Technica)
• Rush Limbaugh is Correct. Stephen Colbert is a Liberal, While Jon Stewart Is Just a Progressive Era Reformer (Mischiefs of Faction)

Three day weekend!


Retail Sales Surge as Consumers Rev Up Growth

Source: WSJ



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