Thursday, July 27, 2017

Byron Wien On the Fed's Balance Sheet Unwind: "Is Very Dangerous For Markets":

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Via ZeroHedge: Wall Street Icon Warns The Fed's Balance Sheet Unwind "Is Very Dangerous For Markets" Blackstone’s market ...

Why SolarCity Has Become a Shell of Its Former Self Since Tesla Buyout (TSLA)

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This is a $3,000,000,000 scandal and no one seems to care. From The Motley Fool: SolarCity was bought by Tesla only eight months ago, and...
Wednesday, July 26, 2017

Yeah, I Got Your Bitcoin Right Here: "‘Quantum Checks’ to Replace Cryptocurrencies in the Future?"

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One of Mr. Keohane's Further Reading links is to a Bloomberg article that asks in its headline " Why Can’t Americans Ditch Checks?...

That Time a Couple Irish Guys Burned Down the Houses of Parliament

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From Parliament.UK: The Great Fire of 1834  In 1834, the Exchequer was faced with the problem of disposing two cart-loads of wooden ...

Fear and Loathing at the New York Times

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These protest messages are better than the ones we suggested for the folks picketing the Wall Street Journal in 2007. Using the standard ...

"How to Make a Fortune Drinking, Gambling and Napping"

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I am reminded of the bio of one of the young journos at City A.M., Alys Key : " I report on vice, leisure, the creative industries, lux...

Bain Capital/Thomas H Lee-Controlled iHeartMedia Continues Stately Descent Into Bankruptcy (IHRT)

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As was said back in May: "This wouldn't really be noteworthy except for the fact IHRT is the largest operator of radio stations ...

"U.S. Dollar; Triple support test after rare 30-week decline"

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From Kimble Charting Solutions: From 2011 to the start of this year, the US$ has been pretty strong, as it rallied nearly 30% in 6-years....

Time For A Color Revolution: Bolivia's President Declares "Total Independence" From World Bank And IMF

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There goes all that lithium. Over the years we've grown fond of this bit o'movie history: Butch Cassidy : Kid, the next time I s...

"Quiet Fed Day without Yellen"

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I see Brown Brothers Harriman & Co. has loosened up their dress code although, truth be told, that's about an inch more heel than I ...

Real Assets: Institutional Money Pulling Back From Timber, Farmland

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There ya go. These things don't turn on a dime but, to quote some guy, "This is not the end, it is not even the beginning of the en...
Tuesday, July 25, 2017

Forgotten Warhol Silkscreen Found in Alice Cooper’s Storage Locker

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Either way it's worth quite a bit but I just heard someone scoff and say Cooper's is unsigned which even with the provenance: ...

Warren Buffet Uses This One Weird Trick to Be Persuasive

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I only have two clickbait moves. There's the "Listen to this battle cry from a supermodel" (and variants) move: "Befor...

A Chinese Museum Is Offering Big Money to Whomever Can Decode This Ancient Script (The going rate is $15,000 per character).

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With provisos. From Atlas Obscura: It’s not bounty hunting, but it’s close: The National Museum of Chinese Writing in Anyang, Henan Pr...

Stephen Roach: "Deciphering China’s Economic Resilience"

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One of the old pro China watchers. From Project Syndicate: NEW HAVEN – Once again, the Chinese economy has defied the hand wringing of ...

James Chanos On Short Selling and Life

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From Medium: This Is Why It’s so Hard to Be a Contrarian Investor Everyday you’re going to be told you’re wrong. Jim Chanos is a griz...

HBR Cover—Brynjolfsson & McAfee: The Business of Artificial Intelligence

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A generalist overview but very, very extensive. From the Harvard Business Review: What it can — and cannot — do for your organization F...

Barclays' Report On Machine Learning In Investment Management

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From Barclays, June 15: Rise of the machines When Dr. Tuomas Sandholm’s “Libratus” software defeated four champion poker players in Pitt...
Monday, July 24, 2017

"Turkey’s forex market in agony after drastic measures"

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From al-Monitor: Foreign exchange (forex) trading in Turkey, launched officially in 2011, is relatively unfamiliar to Turks, which is why...

"'Pharma Bro' Martin Shkreli 'chugged champagne at debauched Milo Yiannopoulos party which featured jihadi strippers and midgets' after his fraud trial heard how he talked about gay sex to lure older investor"

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Huh. That's the headline at the Daily Mail . I don't really know what to say.