Ready Player One

I read Ernest Cline’s first novel Ready Player One entirely on a flight back from Europe. It was the first fiction book I have gotten my hands on in 2 years, and I really enjoyed it. I am looking forward to the Spielberg directed movie, coming March 30, 2018.     Ready Player One Official Trailer… Read More The post Ready Player One appeared first on The Big Picture.

RISING BOND YIELDS MAY BE PULLING MONEY OUT OF TECHNOLOGY INTO CHEAPER PARTS OF THE MARKET — APPLE, AMAZON, AND GOOGLE LOSE GROUND

APPLE, AMAZON, AND GOOGLE WEIGH ON TECH SECTOR... While the stock market is holding up okay, some rotations are going on beneath the surface. One is the rotation out of large cap tech stocks, former market leaders, into cheaper parts of the market like financials, small caps, and transports. Let's start with the tech stocks. Chart 1 shows Apple (APPL) falling to the...

10 Weekend Reads

The weekend is here! Pour yourself a mug of French Press coffee, grab a seat on the bow, and get ready for our longer form weekend reads: • This former hedge fund guy is a one-man nonprofit investigating some of America’s shadiest companies (Nieman Lab) • HGTV Is a Never-ending Fantasy Loop. Look Deeper, and It Gets Pretty Ugly. (Vulture) • How a… Read More The post 10 Weekend Reads appeared first on The Big Picture.

10 Weekend Reads

The weekend is here! Pour yourself a mug of French Press coffee, grab a seat on the bow, and get ready for our longer form weekend reads: • This former hedge fund guy is a one-man nonprofit investigating some of America’s shadiest companies (Nieman Lab) • HGTV Is a Never-ending Fantasy Loop. Look Deeper, and It Gets Pretty Ugly. (Vulture) • How a… Read More The post 10 Weekend Reads appeared first on The Big Picture.

Saturday links: Facebook alienation

Longform links: hot, hot chicken

Turbulent Times in Quant Land

This week’s MiB is with Matthew Rothman, currently head of Global Quantitative Equity Research at Credit Suisse, and Senior Lecturer in Finance at the MIT Sloan School of Management. Not too long before the Great Financial Crisis began, he was hired as global head of Quantitative Research at Lehman Brothers. In the midst of the… Read More The post Turbulent Times in Quant Land appeared first on The Big Picture.

Insanely Concentrated Wealth Is Strangling Our Prosperity

Lambert here: Good heavens! It’s almost as if the United States is ruled by an aristocracy of inherited wealth! By Steve Roth, publisher of Evonomics. He is a Seattle-based serial entrepreneur, and a student of economics and evolution. Originally published at Evonomics. Remember Smaug the dragon, in The Hobbit? He hoarded up a vast pile […]

Hunters and Gatherers

The managers look for undervalued bonds in the energy sector that provide attractive yield and good potential for return