10 Weekend Reads

The weekend is here! Pour yourself a mug of drip coffee coffee, grab a seat at your desk, and get ready for our longer form weekend reads: • How Jim Chanos Uses Cynicism, Chutzpah — and a Secret Twitter Account — to Take on Markets (and Elon Musk) (Institutional Investor) • This Wall Street Firm Is Betting Big on Main… Read More The post 10 Weekend Reads appeared first on The Big Picture.

10 Friday AM Reads

My morning fjord reads: • Absolute Success is Luck. Relative Success is Hard Work. (James Clear) • Howard Lutnick, Now a Billionaire, Bets Own Fortune on Bold Growth Plan. (Bloomberg) • Knowledge vs. Skill (A Wealth of Common Sense) • Fool Me Three Times And I Give Up (Collaborative Fund) • ‘A public relations nightmare’: Ticketmaster recruits pros for secret scalper program. (CBC)… Read More The post 10 Friday AM Reads appeared first on The Big Picture.

10 Thursday AM Reads

My morning fjord reads: • Brexit Has Brought Britain to a Standstill (Bloomberg Businessweek) • How Good an Investment Were the Bailouts? (The Big Picture) • Unions Did Great Things for the Working Class (Bloomberg View) • But Our Interests Are Aligned! (Epsilon Theory) see also The End of the Incessant U.S. Bid? (Macro Tourist) • Aerial Photos Reveal the Devastation Left by Florence… Read More The post 10 Thursday AM Reads appeared first on The Big Picture.

10 Wednesday AM Reads

My midweek Nordic morning reads: • Ip: No, the Financial Crisis Didn’t Spawn Populism (Wall Street Journal) • Ten years after the financial crisis, business journalism awaits its reckoning (Columbia Journalism Review) • A right to repair: why Nebraska farmers are taking on John Deere and Apple (The Guardian) • The mind of an anthill (Knowable) • ‘I’m getting ripped off’: A look… Read More The post 10 Wednesday AM Reads appeared first on The Big Picture.

10 Tuesday AM Reads

My Two-for-Tuesday morning train reads: • Zombie Lehman Keeps Chalking Up Victories (Bloomberg View) see also Lehman’s Carcass Has Handed Huge Profits to Distressed Funds (Bloomberg) • Private Equity, Venture Capital and Private Real Estate May Have Hit Their Peak.(New York Times) • How to Buy a House the Wall Street Way. (Wall Street Journal) see also Why Zillow… Read More The post 10 Tuesday AM Reads appeared first on The Big Picture.

10 Monday AM Reads

My morning train plane reads: • You Can Time The Market, Just Not All The Time (Wall Street Journal) • The Housing Bubble Burst All Over Reality TV (New York Times) • Meet the Shalennials: CEOs Under 40 Making Millions in Texas Oil (Bloomberg) • An Equator Full of Hurricanes Is a Preview of End Times (Wired) • How much would the iPhone cost… Read More The post 10 Monday AM Reads appeared first on The Big Picture.

10 Sunday Reads

My easy like Sunday morning reads: • The NFL’s Very Profitable Existential Crisis (Bloomberg) • 3 Investments That May Have Hit Their Peak (New York Times) • Investors Should Assume That They Are No Better Than Average (Behavioural Investment) • Why we buy the things we buy (Vox) • Open Letter to Times Op-ed Writer: Go Public Now, Before They Bust You (Daily Beast)… Read More The post 10 Sunday Reads appeared first on The Big Picture.

10 Weekend Reads

The weekend is here! Pour yourself a mug of French Roast coffee, grab a seat by the window, and get ready for our longer form weekend reads: • The real Goldfinger: the London banker who broke the world (The Guardian) • A Warning From Europe: The Worst Is Yet to Come (The Atlantic) • Inside the World of Eddy Cue,… Read More The post 10 Weekend Reads appeared first on The Big Picture.

10 Friday AM Reads

The anniversary of the Lehman collapse is upon us — you can see my column on what we haven’t learned from it here and lots of other remembrances here. Oh, and our end of week morning train reads: • Seventeen Years After the Enron Scandal, Jeff Skilling Returns: When the company collapsed, the former CEO went to prison for fraud… Read More The post 10 Friday AM Reads appeared first on The Big Picture.

10 Thursday AM Reads

My end of week morning train reads: • We’re Living in What May Be the Most Boring Bull Market Ever: In an age of index funds and private companies, even a boom can feel blah (Bloomberg) • Is “value” dead? Or have we just been measuring it in the wrong way? (Wall Street Journal) • Nothing Into Something… Read More The post 10 Thursday AM Reads appeared first on The Big Picture.

10 Wednesday AM Reads

My midweek hurricane morning train reads: • Rebuilding lives, 10 years after Lehman’s fall (Reuters) • The Government May Want to Buy Your Dying Mall (Wall Street Journal) • LinkedIn sucks (TechCrunch) • Janet L. Yellen: The Most Ambitious Climate Plan In History (Fortune) • How Led Zeppelin Came to Be (Rolling Stone) What are you reading? Continues here Want to receive our… Read More The post 10 Wednesday AM Reads appeared first on The Big Picture.

10 Tuesday AM Reads

My Two-for-Tuesday morning train reads: • The dangerous myth we still believe about the Lehman Brothers bust (Washington Post) see also Misunderstanding Credit and Housing Crises: Blaming the CRA, GSEs (TBP) • The Empty Storefronts of New York: A Panoramic View (New York Times) • Elon Musk’s Brain Isn’t Like Yours (Bloomberg) see also Lefsetz: They’re out to get him (TBP)… Read More The post 10 Tuesday AM Reads appeared first on The Big Picture.

10 Monday AM Reads

My morning train atonement for sin reads: • Uber Was Right The scooter backlash vindicates Travis Kalanick’s early tactics (Slate) • Best and Worst Brand Moves of 2018 (L2) see also Nike’s online sales jumped 31% after company unveiled Kaepernick campaign, data show (Marketwatch) • Many lawmakers and aides who crafted financial regulations after the 2008 crisis now work for… Read More The post 10 Monday AM Reads appeared first on The Big Picture.

10 Sunday Reads

My easy like Sunday morning reads: • Two Years Ago, India Lacked Fast, Cheap Internet—One Billionaire Changed All That Mukesh Ambani’s national 4G network for Reliance Jio, which charges pennies for data, is bringing hundreds of millions online for the first time (Wall Street Journal) • ‘Just Do It’: The surprising and morbid origin story of Nike’s slogan… Read More The post 10 Sunday Reads appeared first on The Big Picture.

10 Weekend Reads

The weekend is here! Pour yourself a mug of Peet’s Major Dickinson coffee, grab a seat on the couch, and get ready for our longer form weekend reads: • Bezos Unbound: Exclusive Interview With The Amazon Founder On What He Plans To Conquer Next (Forbes) • The Regrets of Lewis Ranieri: The father of mortgage-backed securities lives with remorse… Read More The post 10 Weekend Reads appeared first on The Big Picture.

Where Will The Next Crisis Come From?

Jeffrey Kleintop, the Chief Global Investment Strategist at Schwab, created this wonderful chart (below) showing the various sources of global market turmoil. He hints at something very interesting, writing: “Shocks to the global system happen all the time. Many of these shocks are absorbed by the system without much disruption.” Why them do some shocks lead… Read More The post Where Will The Next Crisis Come From? appeared first on The Big Picture.

Where Will The Next Crisis Come From?

Jeffrey Kleintop, the Chief Global Investment Strategist at Schwab, created this wonderful chart (below) showing the various sources of global market turmoil. He hints at something very interesting, writing: “Shocks to the global system happen all the time. Many of these shocks are absorbed by the system without much disruption.” Why them do some shocks lead… Read More The post Where Will The Next Crisis Come From? appeared first on The Big Picture.

10 Friday AM Reads

My end of week morning train reads: • Gen Z was shaped by recessions, financial crises, war, terror threats, school shootings and the constant glare of social media. Meet your new employees. (Wall Street Journal) • Hospitals are fed up with drug companies, so they’re starting their own (Washington Post) • What information should we consume? (The Money… Read More The post 10 Friday AM Reads appeared first on The Big Picture.

10 Thursday AM Reads

My anonymous morning train reads: • When To Trust A Story That Uses Unnamed Sources (fivethirtyeight) • Ultra Wealthy Analysis: Hong Kong is now home to more extremely rich people than any other city in the world, surpassing New York City (Wealth-X) • Tesla, software and disruption (Benedict Evans) • Wall Street’s 30 Days of Hell: No Sleep, No Meals,… Read More The post 10 Thursday AM Reads appeared first on The Big Picture.

10 Wednesday AM Reads

My midweek morning train reads: • Mercedes Unveils First Tesla Rival in $12 Billion Attack (Bloomberg) but see Winning by Changing the Rules of Business (The Big Picture) • The collapse of ETH is inevitable (TechCrunch) • The Long Goodbye to Facebook (Om) see also Inauthentic Behavior: Facebook’s botched war against propaganda campaigns (Longreads) • Teachers Are Moonlighting As Instagram Influencers To Make Ends Meet (Buzzfeed) • The… Read More The post 10 Wednesday AM Reads appeared first on The Big Picture.