My easy like Sunday morning reads:
• Fantasy Math Is Helping Companies Spin Losses Into Profits (NYT)
• Black Swan Siren Song (PensionPartners)
• Increase Your Return on Failure (HBR)
• The $38 Million CEO Who Out-Earned His Company Last Year (Bloomberg) see also Why Haven’t Bankers Been Punished? Just Read These Insider SEC Emails (ProPublica)
• Apple’s Organizational Crossroads (Stratechery)
• The American Middle Class Is No Longer the World’s Richest (The Upshot)
• Bernie’s Failed Revolution How Sanders fell short of changing the Democratic Party (Politico)
• The Coming Conservative Dark Age (Commentary)
• All The People God Kills In The Bible: 3 million is low-balling it (Vocativ)
• Message in a bottle, promising finder a shilling, bobs up after 108 years (The Guardian)
Be sure to check out our Masters in Business interview this weekend with Dr. Robert Johnson, President of the American College of Financial Services, and previously a senior member of the CFA Institute, where he made the CFA Level 1-3 Exams what they are today.
Luxury Spending
Source: New York Times