If you are a fan of the BMW M lines (as I am) then this is where it all began: The BMW M1 (internally, the E26). The hand-built supercar was made between 1978 and 1981. It was the first mid-engined BMW to be “mass-produced” (if thats the right word for a hand built car). It was also… Read More The post 1981 BMW M1 appeared first on The Big Picture.
John Harwood does an outstanding job putting all of the issues into context: Trump’s in-plain-sight embrace of Russia gets obscured by the Trump news avalanche. But long before running for president, Trump relied on Russian money. Trump also consistently defends Russia and attacks U.S. officials investigating Russia. The Trump-Russia ties hiding in plain… Read More The post CNBC: Trump-Russia Ties appeared first on The Big Picture.
Source: Federal Reserve Bank of St. Louis This is an intriguing energy chart, via the St Louis Fed, showing 3 specific items: Conventional Oil Production Shale Oil (e.g., Fracking) Production Oil Prices What makes this so interesting is that since 2010, the conventional production of oil (orange lines) has remained mostly flat. This remained… Read More The post Oil Production vs. Oil Prices appeared first on The Big Picture.
My morning train reads: • Legislate. Repeal. Fail. Repeat. (New York Times) • Subscriptions for the 1% (TechCrunch) • Loss aversion can cause investors to make ultra-conservative decisions. (Marketwatch) • Gates: Facebook isn’t a platform. A platform is when the economic value of everybody that uses it exceeds the value of the company that creates it (Stratechery) • Failed Futures… Read More The post 10 Thursday AM Reads appeared first on The Big Picture.
From 1920 to 2013, 79 million people obtained lawful permanent resident status in the United States. This map visualizes all of them based on their prior country of residence. The brightness of a country corresponds to its total migration to the U.S. at the given time. 1 dot = 10,000 people Animation: Visualizing Two… Read More The post U.S. Immigration, 1820-Present appeared first on The Big Picture.
How a company with a blood-testing machine that could never perform as touted went from billion-dollar baby to complete bust: Elizabeth Holmes was just 19 years old when she dropped out of Stanford University with a dream of creating a company that would revolutionize blood testing. She founded the start-up Theranos and boasted her technology… Read More The post How Did Theranos Deceive So Many? appeared first on The Big Picture.
10 Books for a Summer Reading List Some recommendations for beach or porch. Bloomberg, May 23, 2018 It’s that time of year! With Memorial Day coming, the summer reading season gets underway. Here are 10 of the most promising titles for beach and porch. A few caveats: First, most on this list are new,… Read More The post Summer Reading List 2018 appeared first on The Big Picture.
My Summer reading list will be out later this afternoon, and before it publishes, some background: Several times a year, I survey lots of new books, selecting the 10 most promising titles to read. (My prior book lists are available here). These are the books I plan on reading over the next 6 or so… Read More The post Coming Soon: Summer Reading appeared first on The Big Picture.
My midweek morning train reads: • The Death of Retail Is Greatly Exaggerated (Moody’s) • The 300 secrets to high stock returns (Chicago Booth Review) • New startup wants to help you make a cash offer on a house (Curbed) • Inside the Trump Tweet Machine: Staff-written posts, bad grammar (on purpose), and delight in the chaos (Boston Globe)… Read More The post 10 Wednesday AM Reads appeared first on The Big Picture.
Via the Science Times discussed, there are visitors from outside our solar system taking up residency here. An animation depicting the orbit of Jupiter and asteroids known as trojans around the sun. The green line marks the unusual retrograde path of 2015 BZ509, which orbits in the opposite direction of Jupiter as well as most other… Read More The post Extra-Solar Asteroids appeared first on The Big Picture.
The new Supreme Court decision on sports gambling (New Jersey vs NCAA) will lead to a Cambrian explosion of new companies, software and of course, huge new revenues. So says Steve Murray, managing partner at early stage venture firm Revolution Growth. In our conversation, recorded a few weeks before the SCOTUS decision was announced, he explains… Read More The post MIB: Legalized State Gambling is an App Game Changer appeared first on The Big Picture.
So, what new books do you plan on reading for the summer? I am working on my annual summer reading list and am looking for suggestions. — Barry Ritholtz (@ritholtz) May 22, 2018 A couple of times a year I make a list of books that look really interesting (See this for my prior book… Read More The post What Books Do You Want to Read This Summer? appeared first on The Big Picture.
My Two-for-Tuesday morning train reads: • Which Jobs Are Workers Most Willing to Move For? These Ones (Real Time Economics) see also Moving to a Place Instead of a Job (Bloomberg View) • How the Math Men Overthrew the Mad Men (New Yorker) • Shady Marketplaces Selling Fake Facebook Profiles Operate In Plain Sight (Buzzfeed) • California’s underground pot market continues… Read More The post 10 Tuesday AM Reads appeared first on The Big Picture.
Facebook is starting to recognize its “fake posts” problem. Here is Recode: Facebook disabled nearly 1.3 billion “fake” accounts over the past two quarters, many of them bots “with the intent of spreading spam or conducting illicit activities such as scams,” the company said on Monday. Facebook disabled 583 million accounts in Q1 2018, down from… Read More The post Facebook Begins Releasing Data About Fake Posts & Accounts appeared first on The Big Picture.
How Public Pensions Can Start Healing Themselves A series of questions and answers can help. Bloomberg, May 21, 2018 Our discussion last week about representatives of the League of California Cities urging the CalPERS, the state’s huge pension fund for public employees, to juice up investment returns generated a lot of interesting feedback.… Read More The post Advice for Pension Funds and Endowments appeared first on The Big Picture.
My morning train reads: • Actually, the 1 Percent Are Still The Problem (Slate) • Fake Facebook accounts and online lies multiply in hours after Santa Fe school shooting (Washington Post) • New Amazon Channels Data Shows Why Apple Wants to Copy It (Variety) • Humans Are Dumb At Figuring Out How Smart Animals Are (fivethirtyeight) • How the Enlightenment Ends: Philosophically, intellectually—in… Read More The post 10 Monday AM Reads appeared first on The Big Picture.
How did Google get so big? 60 Minutes reports on the power of Google, a company whose critics say has stifled competition: Most people love Google. It’s changed our world, insinuated itself in our lives, made itself indispensable. You probably don’t even have to type Google.com into your computer, it’s often the default setting, a… Read More The post Is Google an (illegal) Monopoly? appeared first on The Big Picture.
I recently saw a show where Aztec Two-Step did the songbook of Simon & Garfunkel (see the $6 The Best of Simon & Garfunkel for the songbook). More than just music, it was narrated by WCWP DJ Tony Traguardo, based on the book Simon and Garfunkel’s Bookends, by his mentor, Pete Fornatalle. Just before the intermission, they ran… Read More The post Conversation: Alan Zweibel & Martin Short appeared first on The Big Picture.