This weekend’s must-read article is an in-depth piece about the seven-state melee to bring the Tesla Gigafactory (and its jobs) home. Nevada (the eventual winner) took on multiple competing sites in Texas as well as the states of California, Oregon, Washington, New Mexico and Arizona for the right to put to up over a billion…
The Investing Books You Must Read, According to Jason Zweig
My friend Jason Zweig has read more about investing than most people alive today. He published a list of his must-read investing books at the Wall Street Journal this week and you should make sure you’re at least aware of them and adding them to your queue: I’m often asked, especially as the holiday gift-giving season approaches,…
Plot Twist: The Oil Crash Kneecaps High Yield, Which Halts Buybackpalooza
I’m always on the hunt for interesting investment theses that bubble up far from the Wall Street commentariat mainstream. A trader / blogger named James Farro at Signalinea laid out the following premise, wherein the high yield debt market gets slammed because of oil’s slide, which then spreads a contagion of risk-off behavior around the entire…
This Week on TRB
(Cartoon by Gary Varvel, Indianapolis Star) These were the most read posts on the site this week, in case you missed them:
Star Wars Episode VII Teaser Trailer Hits!
This just hit the web minutes ago, it’s showing in theaters before certain films starting today… I can’t wait to see what JJ Abrams does with the franchise – a good first step was bringing back the X-Wing fighters and Millennium Falcon. See you next December!
The Worst Year for Active Stockpickers in Three Decades
A continuing theme on this site for the last few years has been the futility of hiring stockpicking managers – especially in a mutual fund wrapper – and paying extra fees for their skills. It’s not that stockpickers aren’t smart or talented or hardworking or well-meaning. It’s that they cannot do what they profess to…
Hot Links: OPEC Spits the Bit
What I’m reading this morning
The American Winship Goes On and On
WSJ: The economy expanded at its fastest pace in more than a decade during the spring and summer, showing the U.S. has strengthened its economic footing despite increasing global uncertainty. Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a seasonally adjusted annual rate of 3.9% in the…
Wu-Tang Clan – Live on Letterman
The new album, A Better Tomorrow, drops next week (finally!) and they’ve just put out the title track, right after performing ‘Ruckus in B Minor’ on Letterman last night: Title track embed below: Read Also: Wu & A: RZA on Making Peace With Raekwon and the Future of Wu-Tang Clan (Rolling Stone)
Clips from the Halftime Report
