My easy like Sunday morning reads:
• How Your $1,000 Could’ve Become $102,480: S&P Bull Market Charts (Bloomberg) see also When ‘Buy and Hold’ Works, And When It Doesn’t (The Fat Pitch)
• Geography is making America’s uneven economic recovery worse (Quartz)
• Hedge fund managers need to know when to admit defeat (Financial Times) see also What Good Are Hedge Funds? (The American Prospect)
• Stop Blaming Central Bankers (Bloomberg)
• Berkshire Hathaway Shareholders: Have You Thanked Samuel Katz? (WSJ)
• Who Will Debunk The Debunkers? (FiveThirtyEight)
• The American Middle Class Is Losing Ground (Pew Research Center)
• Why Chobani Gave Employees A Financial Stake In Company’s Future (NPR)
• The GOP’s lost generation of millennial voters (Washington Post) see also Learning to Love (Tolerate?) Big Government (Bloomberg)
• New Zealand’s ‘stunning’ $5 bill named best banknote of the year (The Guardian)
Be sure to check out our Masters in Business interview this weekend with Kelly Coffey, CEO of JPM Private Bank, which manages more than $650 billion in assets.
Apple (AAPL) Revenue Breakdown by Product
Source: Fiscal Times