Welcome back to the monkey house. Cuba, Apple, Hedgies, Greece all get featured in our Monday morning train reads:
• The Case Against Hedge Fund Managers (Chief Investment Officer)
• Inside the Brain of Peter Lynch, Investing Genius (Investing Caffeine)
• Cuba’s Next Revolution: Real Estate (World Property Journal)
• Why is Bitcoin forking? (Medium)
• Donald Trump, Through the Ages. (McSweeney’s)
I try not to buy products through sadists that are readily available elsewhere.
http://mobile.nytimes.com/2015/08/16/technology/inside-amazon-wrestling-big-ideas-in-a-bruising-workplace.html?
ISIS or Amazon? Who should I work for?
I want their employees to be treated like ISIS sex slaves, but not where I work.
http://www.usatoday.com/story/tech/2015/08/17/can-continue-support-amazon/31831119/
Free markets for them, not for me.
You Amazon Primers are the problem.
Buy local.
“People should to take a look at Ted Cruz.”
– Jack Welch
Microsoft Abandons Jack Welch’s Stacked Ranking
http://www.wsj.com/articles/SB10001424052702303460004579193951987616572
Yahoo Dumps Jack Welch’s Stack Ranking
http://www.businessinsider.com/yahoo-marissa-mayer-stack-ranking-2015-1
Amazon to Abandon Jack Welch’s Stacked Ranking
http://arstechnica.com/business/2015/08/ceo-bezos-says-harsh-nyt-piece-doesnt-describe-the-amazon-i-know/
“People need to Abandon Jack Welch”
– VennData
Is it really that hard to work at Amazon?
https://www.washingtonpost.com/news/the-switch/wp/2015/08/17/is-it-really-that-hard-to-work-at-amazon/
Weeelllll… what does Jeff Bezos’ Paper have to say?
Apparently the WSJ editorial board did a Rip van Winkle, snoozed through the past 30 years, and missed the emergence of companies like Vanguard, T. Rowe Price, Charles Schwab, RWM, Wealthfront, etc. There are plenty of vehicles out there to get low cost, well-diversified solutions with varying levels of advice. Based on what I am seeing with a couple of relative’s portfolios where they were “assisted” by “financial advisors” a reduction in the availability of advice of the sort that the WSJ is touting will be quite beneficial to the average investor.
http://www.wsj.com/articles/obama-targets-financial-advisers-1439763731
Legalization’s future.
http://247wallst.com/special-report/2015/08/12/the-next-11-states-to-legalize-marijuana/
The Right Wingers hunt through the crime stats and find nothing. Furious their fear mongering was been wrong, again.
Why ANYBODY listens to the Right Wingers and their GOP Media Machine touts is beyond me.
Lower liquidity!
http://www.reuters.com/article/2015/08/17/us-bonds-liquidity-fed-idINKCN0QM18F20150817
OH NO! The government must get in there are DO something ANYTHING to make it easier for large holders of treasuries to be able to buy and sell or prices for our debt may rise from 2.15%!!!
Scrap the banking regulation system! Freedom for Hedge funds!
Quartz
Here’s what your stolen identity goes for on the Internets black market
By Keith Collins
@collinskeith
July 23, 2015
http://qz.com/460482/heres-what-your-stolen-identity-goes-for-on-the-internets-black-market/
who knew that austerity by it self, without debt relief will end up in failure. its not like we had a bankruptcy plans around the world is it?
Amazon not all that bad
http://www.cnbc.com/2015/08/17/nyt-article-doesnt-describe-the-amazon-i-know-bezos.html
maybe
http://www.theglobeandmail.com/report-on-business/international-business/us-business/its-the-greatest-place-i-hate-to-work-an-inside-look-at-amazons-controversial-corporate-culture/article25979726/
not?
Kodak and the digital camera that was invented by a Kodak employee.
An entrenched company (especially big and profitable), doesn’t change directions easily. Pretty much Kodak didn’t want to market the digital camera for fear it would cannibalize film sales (and oh the impact on performance bonuses you know those short term bonus things that management lives for).
http://www.businessinsider.com/this-man-invented-the-digital-camera-in-1975-and-his-bosses-at-kodak-never-let-it-see-the-light-of-day-2015-8
Kodak is no more. Bankrupt and gone.
along with poloroid
oh oh…big companies are disappearing
http://www.bloombergview.com/articles/2015-08-17/this-is-a-fine-time-to-be-a-big-corporation
or not?
Re : Cuba real estate. My wife is a Cuban defector (to Canada) and I convinced her to buy an apartment in Havana recently for a ridiculously low (relatively speaking) price as an investment or bargaining chip for future considerations. I am sure that as things improve in Cuba, the value will rise and so will the desirability of wintering in Cuba. As nice as the resorts may be for some….living day to day in Cuba is still not comparable to other places such as Mexico. My biggest complaint is lack of internet. Typically you spend 10$ an hour for a dial up type connection.