What I'm reading this morning:
- Terrorist claiming IS affiliation beheads a a factory worker in France, puts his head on a spike (Sky News)
- Angela Merkel: another round of negotiations among the eurozone’s finance chiefs on Saturday should have a “decisive significance.” LOL (Wall Street Journal)
- Shanghai and Shenzhen stocks collapse by 20% from their recent highs (Wall Street Journal)
- Chinese stocks crash and state-run media is silent (Bloomberg)
- With $21 Trillion, China’s Savers Are Set to Change the World (Bloomberg)
- Jack Ma's new cabin in the woods (Wall Street Journal)
- Fred Wilson on the profits vs growth puzzle (A VC)
- Highlights (lowlights?) from SPIVA's active management scorecard, mid-year update (ETF.com)
- The fundamentals driving the biotech stocksplosion (Indexology)
- Who's the best CEO in banking? It's not who you think... (Bloomberg)
- Morgan Housel: Four Things the Market Has Taught Me (Motley Fool)
- Hedge fund geniuses defeated by dart-throwing monkeys. Again. (MarketWatch)
- How Chris Pratt stopped being the fat guy and took over Hollywood (Mens Health)
- Behind the scenes: How KFC really makes their fried chicken (Gizmodo)
