My morning afternoon train reads:
• Stock Returns After Periods of Above Average Performance (Wealth of Common Sense) see also 52-Week High and Momentum Investing (Alpha Architect)
• Michael Lewis: Extreme Wealth Is Bad for Everyone—Especially the Wealthy (TNR)
• “Bear’s Anonymous” Finance’s Answer to A.A. (Cassandra Does Tokyo) see also A final purge to $700? What gold bulls’ surrender might look like (Yahoo Finance)
• Why Are So Many Workers Still Part Time? Seven Charts (Real Time Economics)
• The anger of the investing class has curdled into paranoia. (Dealbook)
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