Jason Zweig recently used his regular column in The Wall Street Journal to discuss the relatively poor performance of large cap stocks. It’s a theme we’ve pointed out a number of times in recent commentaries from Covestor managers who invest in small-caps, for example from Vivian Lewis and Jack Brown. […]
Outlook
The White House recently launched the Taxpayer Receipt, allowing citizens to identify exactly where their money is going, dollar for dollar. As reported by NPR’s Planet Money: You enter how much you paid in income taxes, and how much you paid for Social Security and Medicare (which have their own […]
Bond giant PIMCO recently filed the necessary paperwork to launch an actively managed total return bond ETF run by legendary bond trader Bill Gross. This will be an interesting new option for individual investors and investment advisers. From the LA Times: As required with an ETF, the holdings of the […]
HBO made a movie of Andrew Ross Sorkin’s outstanding book on the 2008 financial crisis, Too Big to Fail. The film, starring William Hurt, James Woods and Edward Asner, comes out May 23. Here’s the trailer – looks good!
Financial journalists were roundly criticized for weak reporting in the lead-up to the 2008 crisis, but the latest round of Pulitzer Prizes, announced yesterday, provides some redemption. No less than five were granted to business reporters. Here they are, with links through to the winners so you can read them […]
From David Brooks’ latest New York Times column: The psychologist Michael Morris points out that when the stock market is going up, we tend to use agent metaphors, implying the market is a living thing with clear intentions. We say the market climbs or soars or fights its way upward. […]
Katie Rosman wrote a great, candid piece for the WSJ yesterday, confessing her love of overpriced Starbucks cappuccinos and her husband’s protests of same: The problem… is that cappuccino is not a line item in our family budget. We don’t make room for such things when deciding how to spread […]
April 11, 2011 A terrific post on Quora by Josh Hannah on how eBay’s (Nasdaq: EBAY) Kijiji and other startups are disrupting the disruptor Craiglist – which almost singlehandedly did in U.S. newspapers’ formerly lucrative classifieds business: Why hasn’t another product disrupted and replaced Craigslist? Craiglist has been disrupted, it’s […]
Author: Chris Dixon It is widely believed that Facebook presents a significant competitive threat to Google (Nasdaq: GOOG). Google itself seems to believe this – Larry Page recently said that all employees would have their bonuses tied to the success of Google’s social strategy. Why does Facebook present a threat […]
TechRice has an informative update on Sina (Nasdaq: SINA), Tencent and Sohu (Nasdaq: SOHU) and the race to capture the social networking sector in China’s massive internet user base: Sina Weibo launched two new domain names (URL) weibo.com and weibo.cn (Open API Platform & WAP address), which should help Sina dominate […]
Buffett rightly noted, his “contributions have been extraordinary.” Second, we think much of the widespread criticism directed at Sokol regarding his stock
Matthew Yglesias (at right), Fellow at the Center for American Progress Action Fund, is frustrated, and for good reason. Yglesias was considering investing some of his 401(k) for retirement in John Hancock’s International Value Fund, a mutual fund available within his employer’s plan. Of course, one of the things Yglesias […]