Sunday reading
Some longer pieces that I plan to read tomorrow.Ex-officer is first in CIA to face prison for leakA story on how technology is changing our thinking and emotional capacityIs QE leading to tighter...
View ArticlePMs vs. cat. Cat wins
From NPR (with a hat tip to AV FR), which passes on a story in the Guardian:A bunch of investment managers invested in the best stocks they could find, while a cat named Orlando randomly chose stocks...
View ArticleIf you only read one thing today…
… it should be this comment piece by Will Hutton in the Guardian:Davos man thrives while the rest of us pay for his excessesHat tip to Charlie.
View ArticleThe story of Nikola Tesla
The rise and fall of Nikola Tesla and his tower, from the Smithsonian Past Imperfect blog. A remarkable life, both in accomplishment and sadness. Here’s the end:Nikola Tesla would go on to make news...
View ArticleHow comments change the story
In today’s NY Times, there’s an op-ed based on a recent paper.The researchers did an experiment where two groups of people were exposed to the same news story, but with one reading comments in a civil...
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Things you shouldn’t do
Climateer posted a wheninfinance gif from last year, noting market-on-close commentary. Wheninfinance’s original title in bold below. That happened at work last year. Bravo, indeed.When someone decides...
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Happy Pi day!
I didn’t know this was a thing, but it is awesome. Today is Pi day in the US (3.14) and Europe will have it’s Pi day on July 22 (22/7). It’s also Albert Einstein’s birthday today. Here’s Climateer with...
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Cyprus deposit tax reading [updated]
Much has been written today on the deal from last night, and I don’t have anything to add, except to say that the deposit tax on small depositors is a very, very dangerous route to take… Here are the...
View ArticleFinancial innovation, Rockefeller style
Reading through papers and books of economic history of early financial innovations, I came across this nice little setup.The year was 1899. Henry Rogers and William Rockefeller wanted to buy Anaconda...
View ArticleHow to prevent fraud at banks
I was assigned a paper on the Shanxi Banks in the late Qing dynasty in China, and how they became the banking centre of their time. You can read the paper here, but I think it is worth flagging why...
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