My two-fer-Tuesday morning train reads:
• Wise investors should be playing the long game (Telegraph)
• Market crash statistics (Statistical Ideas) see also The Known Unknowns (Irrelevant Investor)
• The worst idea in the presidential debate: a return to the gold standard (LA Times)
• Deleted: FINRA Erases Many Broker Disciplinary Records (Financial Planning)
• Byron Wien Announces Predictions for Ten Surprises for 2016 (Blackstone) see also Masters in Business podcast: Byron Wien (Bloomberg View)
Kardashians! Jenners! Rappers! The Gloria Allred river of gold.
“[Molly] has nothing to be ashamed of. Maybe some other people do. Now, I know that Tyga has music coming out this month, ‘Gone Too Far.’ Well, I think he’s gone too far with this,” said Gloria Allred.
http://www.stuff.co.nz/entertainment/celebrities/75643897/kylie-jenners-rapper-boyfriend-tyga-in-trouble-over-messages-to-14yearold-model
FINRA has more shortcomings that are being disputed in court. Middle class always in an uphill battle to get even handed treatment.
http://www.cnssecuritieslaw.com/2015/12/23/1735.htm
so self regulation fails again?
Who knew that business cant regulate it self?
I wonder why this did not get any real coverage when released? Was the media covering anoher mass shooting? Or a Donald Trump faux pas?
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CEOs got a raise. Seniors and veterans deserve one too.
http://elizabethwarren.com/blog/ceos-got-a-raise-seniors-and-veterans-deserve-one-too
Oregon standoff: ‘We will not back down’
http://www.usatoday.com/story/news/nation/2016/01/05/small-oregon-town-supports-ranchers-not-occupation/78299848/
Tear gas, rubber bullets, Ultra-high decidable sound. Helicopters dropping agent orange. C’mon you American’s against terror! These are Terrorists costing YOU money.
the FDA could slow down drug prices?
http://www.latimes.com/business/hiltzik/la-fi-mh-the-fda-can-single-handedly-stop-20160105-column.html
I like today’s quote:
“I do not care about the output of your cognitive biases, I am disinterested in the myths you cherish, I care little for the mass media rumors that influence you, or the heuristics you believe in. I especially detest the unsupported, commonly believed narratives that you constantly use in the artificial construct you erroneously call ‘reality’.” -Barry Ritholtz
I think it’s a more appropriate greeting for the comments section (since the types of comments listed in the greeting don’t often get through moderation anyway).
hm, your dentist may have poisoned you?
http://www.mcclatchydc.com/news/nation-world/national/article53118775.html
Had the mercury fillings removed many years ago. I keep hearing that medical science is not far from making teeth regenerate. That will solve the mercury problem once and for all.
Seems EVERYTHING you put in your body always seems to wind up leeching! Not even sure if it is safe to eat any longer, even organic. Sheeze.
hm, corporations may get their wish
http://www.businessinsider.com/congress-might-bailout-volkswagen-2016-1
eliminate class action law suits, and eliminate any costs from their actions