10 Tuesday AM Reads

My two-for-Tuesday morning train reads:

• When Bank Capital Standards Aren’t Actually That Standard (Bloomberg)
• Dumb Alpha: Trailing or Forward Earnings? (CFA Institute) see also Separating Decisions (Irrelevant Investor)
• The Herbalife Rorschach Test (Bronte Capital)
• Gold’s Run Could Hit Roadblocks: Lack of inflation, Fed action, calmer markets and speculative investors all pose a problem for gold (WSJ)
• Why are Investors so Tribal? (A Teachable Moment)

What are you reading?

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