Wednesday 30 April 2014

Before an empire collapses
{http://www.zerohedge.com/news/2014-04-23/how-empires-collapse}

9 Rules of Risk Management
{http://www.thereformedbroker.com/2014/04/29/9-rules-of-risk-management/}

6 Books That Will Change The Way You Think For The Better
{http://www.businessinsider.com/books-that-can-change-the-way-you-think-2014-4}

1. "Collected Maxims and Other Reflections" by La Rochefoucauld
2. "The 48 Laws of Power" by Robert Greene
3. "Xenophon's Cyrus the Great: The Arts of Leadership and War" by Xenophon
4. "Letters From a Self-Made Merchant to His Son" by George Horace Lorimer
5. "Models of My Life" by Herbert Simon
6. "Meditations" by Marcus Aurelius

Monday 7 April 2014

How politics makes us stupid
{http://www.vox.com/2014/4/6/5556462/brain-dead-how-politics-makes-us-stupid}?

GREEN BELT SCAREMONGERING OBSCURES A HOUSING SHORTAGE THAT IS TRULY FRIGHTENING
{http://www.pieria.co.uk/articles/green_belt_scaremongering_obscures_a_housing_shortage_that_is_truly_frightening}

The Ultimate Cheat Sheet For What You Should Do With All Of Your Money
{http://www.businessinsider.com/money-cheat-sheet-2014-4}

The Wolf Hunters of Wall Street
An Adaptation From 'Flash Boys: A Wall Street Revolt,'
{http://www.nytimes.com/2014/04/06/magazine/flash-boys-michael-lewis.html?_r=0}

Thursday 3 April 2014

long read for later
Dropped
Why did Anthony Gatto, the greatest juggler alive — and perhaps of all time — back away from his art to open a construction business?
{http://grantland.com/features/anthony-gatto-juggling-cirque-du-soleil-jason-fagone/}

time wasters...
The 30 Top Thinkers Under 30
{http://www.psmag.com/navigation/books-and-culture/the-30-top-thinkers-under-30-introduction-76201/}

Explaining Bitcoin to your dog
{http://www.nytimes.com/interactive/2014/04/02/business/dealbook/How-to-explain-bitcoin-to-your-mom.html?_r=0}

House price gap between London and rest of UK widest on record
{
http://www.ft.com/cms/s/0/9ee015d0-ba32-11e3-aeb0-00144feabdc0.html?siteedition=uk#axzz2xndyRXJh}

Hong Kong's fish farms in the sky
{http://www.bbc.co.uk/news/business-26627408}

"Markets crash all the time. You should, at minimum, expect stocks to fall at least 10% once a year, 20% once every few years, 30% or more once or twice a decade, and 50% or more once or twice during your lifetime. Those who don't understand this will eventually learn it the hard way."
-Morgan Housel

Wednesday 2 April 2014

Michael Lewis Doesn't Like High-Frequency Traders
'Big HFTs like Knight/Getco and Virtu trade vast volumes of stock while still taking in much less money than the traditional market makers: $688 million and $623 million in 2013 market-making revenue, respectively, for Knight and Virtu, versus $2.6 billion in equities revenue for Goldman Sachs and $4.8 billion forJ.P. Morgan. Even RBC made 594 million Canadian dollars trading equities last year. The high-frequency traders make money more consistently than the old-school traders, but they also make less of it. '
{http://www.bloombergview.com/articles/2014-03-31/michael-lewis-doesn-t-like-high-frequency-traders}
& covered again in Margin Revolution
{
http://marginalrevolution.com/marginalrevolution/2014/04/matt-levine-on-michael-lewis-and-hft.html}

The 25-Year-Old at the Helm of Lonely Planet
{http://www.outsideonline.com/adventure-travel/The-25-Year-Old-at-the-Helm-of-Lonely-Planet.html?curator=MediaREDEF}

Why homeopathy is nonsense, that's put that one to bed...
{http://www.economist.com/blogs/economist-explains/2014/04/economist-explains}