Yves Smith

Hot Links: Bad Hair Day

Stuff I’m Reading this Morning… STOP!  Don’t cash out your 401(k) before reading this from Karl Denninger.  (Market-Ticker) Here’s a great list of the basic books that all value investors should read.  (ValuePlays) Cali has company:  New York State is running out of cash.  (InvestingContrarian) Frankly, America, Wall Street Really Doesn’t Give a Damn.  (NYP)…