How Reproducible is Alpha?

http://ritholtz.com/2016/05/how-reproducible-is-alpha/

Mt. Gox and the mother of all short squeezes

http://ftalphaville.ft.com/2016/05/20/2162507/mt-gox-and-the-mother-of-all-short-squeezes/

http://boingboing.net/2016/05/10/clever-non-lethal-mousetrap-ma.html



Everything is fine

That’s why this is called hyperbolic discounting
MIT Courses
http://ocw.mit.edu/courses/#economics

Some thoughts on the end of economic growth
http://timothyblee.com/2016/05/07/some-thoughts-on-the-end-of-economic-growth/

Solar
3 U.S. cents per kilowatt-hour (kWh)http://www.macrobusiness.com.au/2016/05/solar-cheaper-than-fossil-fuels-in-middle-east/

Professor Fama: How Markets Really Work
{http://ritholtz.com/2016/05/professor-fama-how-markets-really-work/}

Bill Sharpe, The Arithmetic of Active Management

'In aggregate active investors hold the market portfolio, so if some skilled active investors overweight an undervalued stock, other active investors must underweight it. This means that, before fees and expenses, trading is a zero sum game. Ignoring costs, the gains of the skilled investors are, dollar for dollar, at the expense of other investors.'
{https://www.dimensional.com/famafrench/essays/why-active-investing-is-a-negative-sum-game.aspx}

Stuck on repeat: why we love repetition in music
http://www.theguardian.com/music/2016/apr/29/why-we-love-repetition-in-music-tom-service

Leicester City: Dirty Dozen or Harvard Case Study?
http://www.bloombergview.com/articles/2016-04-26/leicester-city-dirty-dozen-or-harvard-case-study

The Greatest Poet Alive
http://www.theatlantic.com/magazine/archive/2016/05/the-greatest-poet-alive/476376/

Singapore
http://www.theguardian.com/cities/2016/apr/21/story-cities-singapore-carefully-planned-lee-kuan-yew

Why Haven’t Bankers Been Punished? Just Read These Insider SEC Emails
https://www.propublica.org/article/why-havent-bankers-been-punished-just-read-these-insider-sec-emails

Offshore in central London: the curious case of 29 Harley Street
http://www.theguardian.com/business/2016/apr/19/offshore-central-london-curious-case-29-harley-street

Top ten trends in Fintech
http://www.futuresmag.com/2016/04/15/top-10-trends-fintech

What the great degree rip-off means for graduates: low pay and high debt
http://www.theguardian.com/commentisfree/2016/apr/19/degree-graduates-low-pay-high-debt-students

good points against a 'Brexit'
https://medium.com/@DuncanWeldon/brexit-the-trade-deficit-is-not-a-source-of-strength-345f88026723#.6gjmupa5s

The whole point of the debate at the moment is that we know — at least in the short term — what Remain looks like, we don’t know what Leave looks like. That creates the kind of uncertainty which delays investment decisions and which would get worse after a Leave vote as we entered into months or years of talks.

And it’s this uncertainty which takes me to my biggest problem with the “the trade deficit is a strength” argument. It ignores the elephant in the room which the large UK’s current account deficit 

That to me, is the best economic argument against a Leave vote — why trigger an event that could lead to a reassessment of UK risks by global investors when you are “dependent to the kindness of strangers” for funding? 

FT on Bullshit
http://www.ft.com/cms/s/2/2e43b3e8-01c7-11e6-ac98-3c15a1aa2e62.html?siteedition=uk 

Such careful statistical spin-doctoring might seem a world away from Trump’s reckless retweeting of racially charged lies. But in one sense they were very similar: a political use of statistics conducted with little interest in understanding or describing reality

Good essay on Bitcoin and money
http://www.lrb.co.uk/v38/n08/john-lanchester/when-bitcoin-grows-up

Impartial coverage of the Brexit and Bremain navies.
{http://mainlymacro.blogspot.co.uk/2016/04/the-eu-referendum-and-media.html}

and

{http://www.theguardian.com/commentisfree/2016/apr/01/bbc-brexit-too-timid-impartial-on-eu-not-enough?CMP=twt_gu}

25 Incredibly Useful Free Sites And Services

http://www.fastcompany.com/3058645/25-incredibly-useful-free-sites-and-services/9

The epistolary novel that is this blob....
Salman Rushdie: how Cervantes and Shakespeare wrote the modern literary rule book
http://www.newstatesman.com/culture/books/2016/04/salman-rushdie-how-cervantes-and-shakespeare-wrote-modern-literary-rule-book

Panama Papers
The 1% hide their money offshore – then use it to corrupt our democracyhttp://www.theguardian.com/news/commentisfree/2016/apr/10/money-offshore-corrupt-democracy-political-influence

Panama

Panama Papers The Power Players {https://projects.icij.org/panama-papers/power-players/}

{http://www.theguardian.com/news/2016/apr/05/panama-papers-pull-fifa-uefa-chief-gianni-infantino-corruption-scandal}

{http://www.theguardian.com/news/2016/apr/05/panama-papers-world-leaders-tycoons-secret-property-empires}

The Panama Papers’ Sprawling Web of Corruption
{http://www.nytimes.com/2016/04/06/opinion/the-panama-papers-sprawling-web-of-corruption.html?_r=0}

The World's cheapest stocks

http://www.telegraph.co.uk/investing/shares/where-are-the-worlds-cheapest-stock-markets/

Blockchain and the holy real-time settlement grail
http://ftalphaville.ft.com/2016/02/26/2154510/blockchain-and-the-holy-real-time-settlement-grail/

too much of everything
{http://thereformedbroker.com/2016/02/25/abundance/}

Bitcoin the sewer rat
http://boingboing.net/2016/02/22/bitcoin-is-the-sewer-rat-of-cu.html