10 Thursday AM Reads

It’s May Day! A holiday all around the world — except here:

• ‘Scale and Skill’: Why It’s Hard for Managed Funds to Beat the Indexers (Knowledge@Wharton)
• Diamonds to Oil Bring Gold Rush Dreams to Melting Arctic (Bloomberg)
• How Google Can Steal Facebook’s Candy (Bloomberg View) see also It’s not a tech bubble — it’s tech roulette (CNN Money)
• On umbrellas causing rain (Economist)
• Why Don’t Wall Street Stars Get Sports-Like Endorsement Deals? (Reformed Broker)
• Life in Canada, Home of the World’s Most Affluent Middle Class (NY Times)
• The Conservative Case Against Piketty Is Shockingly Weak (New Republic) see also Why the rich are rattled (LA Times)
• Why Only One Top Banker Went to Jail for the Financial Crisis (NY Times)
• Al Hunt: Your 2016 Republican Field, by the Odds (Bloomberg View) but see This is a perfect example of why scientists don’t vote Republican (The Week)
• Wikipedia: Where truth dies online (Spiked Online)

What are you reading?


Asset Performance Review, Total Return, April 2014

Source: FT Alphaville


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