BBRG: Stock-Picking Contests Are No Way to Pick Stocks
Stock-Picking Contests Are No Way to Pick Stocks But they could be made more useful with some simple changes. Bloomberg, January 31, 2019...
10 Thursday AM Reads
Our last day of the month, Fed-free morning train reads: • Baseball and Stocks both Games of Failure: From 1926 to 2016, just 90...
Return of the Ever-Wrongs
@TBPInvictus here: As the Fed was battling the after effects of the Great Financial Crisis, a group of finance types wrote an open letter...
Surprising Criminal Conviction Statistics
We know that the long term trend shows a falling crime rate. But as today’s WTF data point reveals, the long term conviction rates...
Minimum Wage Increases Do Not Destroy Jobs
Labor Market Is Doing Fine With Higher Minimum Wages Predictions of job losses and slower economic growth haven’t panned out....
10 Wednesday AM Reads
My midweek morning train reads: • Where is the Value? (Factor Investor) • One Big Thing: On the Power of Heuristics and Reducing...
MIB: The Secret to Hiring Great People
What is the best way to attract and hire the very best people in your business? That was the challenge facing restaurateur Cameron...
Share of Sector Market Capitalization: 1900 vs 2018
In the 1800s, when stock market indices were first introduced, they covered railroads and industrials. That was it — a 2 sector...
10 Tuesday AM Reads
My Two-for-Tuesday morning train reads: • Wall Street freaks out about 2020: Many of the nation’s top bankers want Trump gone, but...
China’s High-Tech Dystopia
In part three of Hello World Shenzhen, Bloomberg Businessweek’s Ashlee Vance heads out into a city where you can’t use cash or...