What I'm reading this morning:
- Bill Gurley: Here's why Google should be very afraid of Amazon (Business Insider)
- Big Tech has gotten way too powerful and needs to be broken up: area socialist (New York Times)
- David Merkel: If ran the Fed... (Aleph Blog)
- Jesse Livermore: Everything you need to know about negative interest rates (Philosophical Economics)
- Or maybe we should be calling them 'Unterest Rates' (CFA Interest Rate)
- Margin debt, relative to the S&P 500, hasn't moved much in 8 years (Seeking Alpha)
- Why it's so hard for investors to distinguish between a bad strategy and a good strategy that's temporarily out of favor (Abnormal Returns)
- Index funds are nothing special (A Wealth Of Common Sense)
- The "too many maybes" problem with active management (Irrelevant Investor)
- Another retail brokerage empire leveled into dust (Investment News)
- These are the 20 largest hedge funds in the world (Business Insider)
- Jeff Sonnenfeld: Sorry, Carly Fiorina was an atrocious CEO (Politico)
- Why does any non-HBO network even bother to show up at the Emmy's? (Wall Street Journal)
- Time to walk away from this Afghanistan shithole once and for all and let the animals kill each other. (New York Times)
- How to wear a suit this fall (GQ)
