Saturday links: sub-optimal risk taking
- February 18th, 2012
The weekend is a great time to catch up on some of the reading you skipped during the week. We hope you enjoy this set of long-form links.
Andrew Haldane, “‘We have arrived at a situation in which the ownership and control of banks is typically vested in agents representing small slivers of the balance sheet, but operating with socially sub-optimal risk-taking incentives.” (London Review of Books)
An exploration of low volatility investing. (Advisor Perspectives)
Relative strength in portfolio management: a primer. (Systematic Relative Strength)
Hedge fund manager Seth Klarman is in a battle over a Canadian mega quarry. (Fortune)
Farming is the new banking. (Reuters)
On the huge opportunity standing before BillGuard. (Pando Daily)
Christina Romer with five books to help you understand the Great Depression. (The Browser)
More money is not necessarily the best fix for US infrastructure. (Bloomberg)
What does a post-campus America look like? (Megan McArdle)
Jonah Lehrer, “The fatal misconception behind brainstorming is that there is a particular script we should all follow in group interactions.” (New Yorker)
Alexandra Samuel, “The new unplugging doesn’t require you to quit Facebook or throw out your iPhone. What it requires is careful attention to the sources of our discomfort; to the challenging qualities of online interaction, or of simply living in a networked world.” (The Atlantic)
What Jeremy Lin tells us about the difficulty in identifying talent. (The Frontal Cortex)
How companies learn your secrets an excerpt from Charles Duhigg’s The Power of Habit: Why We Do What We Do in Life and Business. (NYTimes)
Excerpts from Tracie McMillan’s The American Way of Eating: Undercover at Walmart, Applebee’s, Farm Fields and the Dinner Table. (Slate, part 2, part 3)
To what degree are musicians made or born, a look at Gary Marcus’ Guitar Zero: The New Musician and the Science of Learning. (Brain Pickings)
Author Tess Gerritsen on what constitutes a great thriller. (The Browser)
The geography of investment grade wines. (New Geography)
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- A transitional moment for advisors
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- Thursday links: sticking to beta
- Wednesday links: the allure of stock picking
- Tuesday links: unbundling risk and return
- Software is eating investment management
- Monday links: lottery stocks
- Sunday links: true confidence
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