My easy-like-Sunday-morning morning reads:
• Why Wall Street traders are obsessed with Jesse Livermore (BI)
• Bernanke: Is Europe holding up its end of the bargain with Greece? (Brookings)
• Byron Wien on ‘Only Way to Make Serious Money’ (Barron’s)
• Gold Dreamers Face Harsh Reality (BV)
• Tesla’s New ‘Ludicrous Mode’ Makes the Model S a Supercar (Wired)
• Bloomberg’s culture is all about omniscience, down to the last keystroke (Quartz)
• Confederate Madness Then and Now: A British consul witnessed the cynical process that plunged the United States into civil war in the 1860s. His observations can teach us a lot today. (Daily Beast) see also Confronting myths about causes of the Civil War (McClatchy DC)
• How legal weed could change the future of sex (Fusion)
• She Reports, We Decided She’s Hot: Interview with Megyn Kelly, Fox News Anchor (GQ)
• The Freakish Year in Broken Climate Records (Bloomberg)
What’s for brunch?
Dividends A No-Go
Source: Bespoke Investment Group
Jesse Livermore death by suicide, but I see red flags when I read:
He met the American singer Harriet Metz in Vienna. Four times widowed by suicides, she had her own money from those deaths.
Wien’s smartest guy shows how tough it is to make predictions. Written July 1 he missed the huge Google move.
“…Throughout his career, Netanyahu has never been an ideologue…”
“…Conventional wisdom has it that Netanyahu suffered a crushing blow last week. Conventional wisdom has it wrong. What looks like the moment of Netanyahu’s greatest failure is, in fact, proof of his greatest triumph…”
http://www.haaretz.com/news/features/.premium-1.666776
ROFL! He’s won! He’s a hero! Don’t look at the facts look at our interpretation of the optics!
You’ve done it this time buster! No more Gold attacks! I’m calling the national office! I’m going to revoke your charter! And if you wiseguys do one more thing, one more, I’m going to kick you out of college! No more fun of any kind!
I like Byron Wien. Too bad he sits behind Rupert Murdoch’s paywall where there is ZERO actionable information.
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ADMIN: Try Googling the headline for Barrons or WSJ. No paywall
http://www.nytimes.com/1999/05/04/opinion/editorial-observer-who-needs-gold-when-we-have-greenspan.html
“Who needs gold when we have Greenspan?” 5/4/99, gold at $287
• Confederate Madness Then and Now: A British consul witnessed the cynical process that plunged the United States into civil war in the 1860s. His observations can teach us a lot today.
That was a great read. Thanks.