| Source: Aleph Blog Fascinating chart from David Merkel over at Aleph Blog. In it, he details (chart above) the sentiment cycle that arises due to of performance chasing. That leads to crowded and ultimately unsuccessful trades. As David observes: David Merkel over at Aleph Blog |
Open Strategist
Tuesday, April 29, 2014
FW: The Strategy Cycle
Sunday, April 27, 2014
Saturday, April 26, 2014
Weekend Longform Links
Behavioural finance slides : JP Morgan Asset Management http://bit.ly/1ikZY16
Bill Ackman's Allergan slides http://bit.ly/1jW1CD8
Just broadcast: rerun of "No Coincidence, No Story!" Soundcloud
The official RR Martin interview - author of game of thrones Rolling Stones
JP Morgan - Letter to investors
Demography, growth and inequality: Age invaders | The Economist: http://t.co/6xIJbwt
Big food: Michael Pollan thinks Wall Street has way too much influence over what we eat - Vox: http://t.co/XQZxKCg
The Evolutionary Mystery of Left-Handedness and What It Reveals About How the Brain Works | Brain Pickings: http://t.co/5I4BasH
Men's Journal Magazine - Men's Style, Travel, Fitness and Gear: http://t.co/q32WAmk
David Owen: The Designers Behind Business Class : The New Yorker: http://t.co/I9XpqQW
Larry Page: The Untold Story - Business Insider: http://t.co/Wvgef8T
The Origins of Office Speak - The Atlantic: http://t.co/RZfGpDt
Bill Ackman's Allergan slides http://bit.ly/1jW1CD8
Just broadcast: rerun of "No Coincidence, No Story!" Soundcloud
The official RR Martin interview - author of game of thrones Rolling Stones
JP Morgan - Letter to investors
Demography, growth and inequality: Age invaders | The Economist: http://t.co/6xIJbwt
Big food: Michael Pollan thinks Wall Street has way too much influence over what we eat - Vox: http://t.co/XQZxKCg
The Evolutionary Mystery of Left-Handedness and What It Reveals About How the Brain Works | Brain Pickings: http://t.co/5I4BasH
Men's Journal Magazine - Men's Style, Travel, Fitness and Gear: http://t.co/q32WAmk
David Owen: The Designers Behind Business Class : The New Yorker: http://t.co/I9XpqQW
Larry Page: The Untold Story - Business Insider: http://t.co/Wvgef8T
The Origins of Office Speak - The Atlantic: http://t.co/RZfGpDt
Wednesday, April 23, 2014
FW: Big around the Middle East
Feed: Graphic detail
Posted on: Tuesday, April 22, 2014 11:18
Author: G.S. and G.D.
Subject: Big around the Middle East
| Diabetes is a growing and lethal problem, especially among Arabs WHEN countries become rich and waistlines grow, so does the risk of diabetes. The number of sufferers almost doubled over the past decade, and today afflicts 382m. Much of that increase occurred in the Middle East. In Saudi Arabia the prevalence in adults jumped from about one-in-ten to almost a quarter of the population. Unhealthy eating and scant exercise are the main culprits. As oil money poured in, splurging on fast food increased and bellies swelled. Now 35% of Saudi Arabians qualify as obese; other rich Arab countries have similarly high levels. The disorder is dangerous. Last year it led to an estimated 5.1m deaths, according to a model by the International Diabetes Federation. The estimate would make diabetes three times more deadly than AIDS. Undiagnosed diabetes, which is estimated to account for about half of all cases, adds to this tally. It can silently damage a person's body for years without showing any signs. This can lead to a nasty list of complications, from amputated feet to heart failure. It is a clarion call to pump iron, not just oil.
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Continue reading
Monday, April 21, 2014
FW: The economic consequences of Lent
Feed: Graphic detail
Posted on: Thursday, April 17, 2014 09:12
Author: R.L.W. and G.D.
Subject: The economic consequences of Lent
| What believers save for their suffering LENT ends today, Holy Thursday. After 40 days of fasting and reflecting, the world's 1.2 billion Catholics can prepare for Easter—and finally sink their teeth into a chocolate bar, light up a cigarette, quaff a coffee or pour themselves a well-deserved single malt. Though the faithful give up life's material luxuries for spiritual purposes, their wallets also benefit. Looking at the most common items that people eschew—like alcohol, cigarettes and fast food—Catholics living in Dublin will have saved the most, around $780 if they resisted all the vices in our index. Cutting out 20 cigarettes a day makes up the bulk of the savings, $468. Meanwhile in Lisbon, where the prices of similar goods are less, Catholics wouldn't even save that amount if they gave up all the daily treats. In Nigeria, where around 15% are Catholic, those in Lagos would save most by denying themselves fast food. Wine and beer save believers the most cash in São Paulo, Brazil, the country home to the most Catholics in the world. |
FW: The Pay at the Top
Feed: The Big Picture
Posted on: Sunday, April 20, 2014 21:01
Author: Barry Ritholtz
Subject: The Pay at the Top
| From the New York Times:
Click for an interactive chart. |
Saturday, April 19, 2014
To be everywhere is to be nowhere
"To be everywhere is to be nowhere. People who spend their whole life travelling abroad end up having plenty of places where they can find hospitality but no real friendships. The same must needs be the case with people who never set about acquiring an intimate acquaintanceship with any one great writer, but skip from one to another, paying flying visits to them all. Food that is vomited up as soon as it is eaten is not assimilated into the body and does not do one any good; nothing hinders a cure so much as frequent changes of treatment; a wound will not heal over if it is being made the subject of experiments with different ointments; a plant which is frequently moved never grows strong. Nothing is so useful that it can be of any service in the mere passing. A multitude of books only gets in one’s way. So if you are unable to read all the books in your possession, you have enough when you have all the books you are able to read. And if you say, ‘But I feel like opening different books at different times’, my answer will be this: tasting one dish after another is the sign of a fussy stomach, and where the foods are dissimilar and diverse in range they lead to contamination of the system, not nutrition. So always read well-tried authors, and if at any moment you find yourself wanting a change from a particular author, go back to ones you have read before.
Each day, too, acquire something which will help you to face poverty, or death, and other ills as well. After running over a lot of different thoughts, pick out one to be digested thoroughly that day."
via: Letters from a Stoic(Seneca)
Each day, too, acquire something which will help you to face poverty, or death, and other ills as well. After running over a lot of different thoughts, pick out one to be digested thoroughly that day."
via: Letters from a Stoic(Seneca)
Friday, April 18, 2014
Longform Links
"Liechtenstein, the tiny principality wedged into eastern Switzerland, just got tinier. No one seems http://rdd.me/fpvq5tr7 via @readability
"‘Capital in the Twenty-First Century’, by Thomas Piketty - FT.com" http://rdd.me/mlfrovwv via @readability
"It's Adventure Time" http://rdd.me/ipapngmk via @readability
"The Truth About Google X: An Exclusive Look Behind The Secretive Lab's Closed Doors" http://rdd.me/x8f51cwq via @readability
"Medicinal Soft Drinks and Coca-Cola Fiends: The Toxic History of Soda Pop" http://rdd.me/vhodytcc via @readability
"The mathematical world" http://rdd.me/weubbnpt via @readability
"Interview: John McAfee Answers Your Questions" http://rdd.me/cldercj7 via @readability"
How Being a Doctor Became the Most Miserable Profession" http://rdd.me/vgz9pt9o via @readability
"The High Priestess of Fraudulent Finance" http://rdd.me/zadeg8jv via @readability
Despite the best efforts of Cameron’s Britain, being in your twenties is actually great http://www.newstatesman.com/lifestyle/2014/04/despite-best-efforts-cameron-s-britain-being-your-twenties-actually-great …
Lunch With T. Boone Pickens: http://www.fool.com/investing/general/2014/04/10/lunch-with-t-boone-pickens.aspx#.U0nwB3o9rWc.twitter … via @themotleyfool
“The Crossroads of Should and Must” by @elleluna https://medium.com/medium-long/90c75eb7c5b0 …
Sam Adams founder: Beer is more than just 'cold, fizzy and in a can' http://gu.com/p/3nynd/tw via @guardian
The Next Big Thing You Missed: Stanford Dropouts Build Excel Spreadsheet That Doesn’t Totally Suck | Business | WIRED http://www.wired.com/2014/04/arktos-spreadsheet-alternative/ …
"‘Capital in the Twenty-First Century’, by Thomas Piketty - FT.com" http://rdd.me/mlfrovwv via @readability
"It's Adventure Time" http://rdd.me/ipapngmk via @readability
"The Truth About Google X: An Exclusive Look Behind The Secretive Lab's Closed Doors" http://rdd.me/x8f51cwq via @readability
"Medicinal Soft Drinks and Coca-Cola Fiends: The Toxic History of Soda Pop" http://rdd.me/vhodytcc via @readability
"The mathematical world" http://rdd.me/weubbnpt via @readability
"Interview: John McAfee Answers Your Questions" http://rdd.me/cldercj7 via @readability"
How Being a Doctor Became the Most Miserable Profession" http://rdd.me/vgz9pt9o via @readability
"The High Priestess of Fraudulent Finance" http://rdd.me/zadeg8jv via @readability
Despite the best efforts of Cameron’s Britain, being in your twenties is actually great http://www.newstatesman.com/lifestyle/2014/04/despite-best-efforts-cameron-s-britain-being-your-twenties-actually-great …
Lunch With T. Boone Pickens: http://www.fool.com/investing/general/2014/04/10/lunch-with-t-boone-pickens.aspx#.U0nwB3o9rWc.twitter … via @themotleyfool
“The Crossroads of Should and Must” by @elleluna https://medium.com/medium-long/90c75eb7c5b0 …
Sam Adams founder: Beer is more than just 'cold, fizzy and in a can' http://gu.com/p/3nynd/tw via @guardian
The Next Big Thing You Missed: Stanford Dropouts Build Excel Spreadsheet That Doesn’t Totally Suck | Business | WIRED http://www.wired.com/2014/04/arktos-spreadsheet-alternative/ …
Thursday, April 17, 2014
Sunday, April 13, 2014
Weekend Links
- Lunch With T. Boone Pickens: http://www.fool.com/investing/general/2014/04/10/lunch-with-t-boone-pickens.aspx#.U0nwB3o9rWc.twitter … via @themotleyfool
- “The Crossroads of Should and Must” by @elleluna https://medium.com/medium-long/90c75eb7c5b0 …
- The Dark Side of Investment Stories (via @ThinkAdvisor) http://www.thinkadvisor.com/2014/03/31/the-dark-side-of-investment-stories … http://fw.to/s8BBSLl
- Sam Adams founder: Beer is more than just 'cold, fizzy and in a can' http://gu.com/p/3nynd/tw via @guardian
- The Next Big Thing You Missed: Stanford Dropouts Build Excel Spreadsheet That Doesn’t Totally Suck | Business | WIRED http://www.wired.com/2014/04/arktos-spreadsheet-alternative/ …
- In the End, People May Really Just Want to Date Themselves http://fivethirtyeight.com/features/in-the-end-people-may-really-just-want-to-date-themselves/ … via @fivethirtyeight
- "Pimco's Bill Gross Picks Up the Pieces" http://rdd.me/1w2iuxdk via @readability
- The depth of the problem - The Washington Post http://wapo.st/1n7S0qV
- It's TED, the Musical http://www.ted.com/talks/daffodil_hudson_is_this_the_cure_for_stage_fright …
- Sosastream long case http://www.scribd.com/embeds/216397349/content?start_page=1&view_mode=scroll&access_key=key-d4c91v08298oopkduuf&show_recommendations=true …
Wednesday, April 9, 2014
FW: The Daily Routines of Famous Artists and Scholars
Feed: The Big Picture
Posted on: Tuesday, April 08, 2014 19:31
Author: Barry Ritholtz
Subject: The Daily Routines of Famous Artists and Scholars
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Friday, April 4, 2014
FW: Evolution of Trading
Feed: The Big Picture
Posted on: Friday, April 04, 2014 10:53
Author: Barry Ritholtz
Subject: Evolution of Trading
| Hat tip Bianco Research |
Weekend Links
"An Adaptation From ‘Flash Boys: A Wall Street Revolt,’ by Michael Lewis" http://rdd.me/qnxchzig via @readability
"The Church of Warren Buffett" http://rdd.me/1kdxwqju via @readability
"The Zen Of Sam Zell: Inside The Grave Dancer's $4 Billion Business Empire" http://rdd.me/ckyijry9 via @readability
"How Gmail Happened: The Inside Story of Its Launch 10 Years Ago" http://rdd.me/pykaxyy3 via @readability
"Trophy deer industry linked to disease, costs taxpayers millions" http://rdd.me/7fbfb2jh via @readability
"How Has Kahneman’s Work Influenced Your Own?" http://rdd.me/cf2h53yr via @readability
"Can Coal Ever Be Clean?" http://rdd.me/y7eqhktp via @readability
"Friday NightDarkness" http://rdd.me/va5qrpq5 via @readability
"The New Face of Heroin" http://rdd.me/ji2de5c9 via @readability
"Kevin Feige, Marvel's Superhero at Running Movie Franchises" http://rdd.me/qb0hahqm via @readability
"Aaron Swartz and MIT: The inside story" http://rdd.me/e0hf7bur via @readability
"The Church of Warren Buffett" http://rdd.me/1kdxwqju via @readability
"The Zen Of Sam Zell: Inside The Grave Dancer's $4 Billion Business Empire" http://rdd.me/ckyijry9 via @readability
"How Gmail Happened: The Inside Story of Its Launch 10 Years Ago" http://rdd.me/pykaxyy3 via @readability
"Trophy deer industry linked to disease, costs taxpayers millions" http://rdd.me/7fbfb2jh via @readability
"How Has Kahneman’s Work Influenced Your Own?" http://rdd.me/cf2h53yr via @readability
"Can Coal Ever Be Clean?" http://rdd.me/y7eqhktp via @readability
"Friday NightDarkness" http://rdd.me/va5qrpq5 via @readability
"The New Face of Heroin" http://rdd.me/ji2de5c9 via @readability
"Kevin Feige, Marvel's Superhero at Running Movie Franchises" http://rdd.me/qb0hahqm via @readability
"Aaron Swartz and MIT: The inside story" http://rdd.me/e0hf7bur via @readability
Thursday, April 3, 2014
FW: 2014 Forbes Billionaire Facts & Figures
Feed: The Big Picture
Posted on: Thursday, April 03, 2014 14:31
Author: Barry Ritholtz
Subject: 2014 Forbes Billionaire Facts & Figures
| click for complete infographic Hat tip Visual.ly |
Wednesday, April 2, 2014
Tuesday, April 1, 2014
FW: Comparing apples with oranges
| A fruity look at unrelated variables NOTHING rankles data mavens more than analysing two things that ought not be compared. Cricket and baseball. Basho and Proust. Christmas and April Fools' Day. So The Economist cannot but embrace considering the paragon of such irresponsible associations, the classic apples and oranges. Doing so is surprisingly fruitful. Oranges were more popular for decades, but in recent years apples have squeezed ahead. Chinese expansion was the core reason for the deciduous drive. The government's call for healthy living and serving the Russian and the Middle Eastern markets led to more apple production. In contrast, orange production has plateaued, due in part to a decline of orange juice consumption in America—around 40% less over the past 15 years. Close to the equator, oranges are more popular than apples, whereas farther north apples are more appealing, perhaps reflecting their ease of growth. To be sure, it is unfair to contrast both fruits. But it makes for juicy comparisons. |
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