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What we are reading on 12/5/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order: 
Notes from an Unwelcome Future
What To Worry About In This Surreal Bull Market
Lessons From The Time I Gave Investment Advice
This Firm Is Warning Investors To Be Wary Of Smart Beta Bond Funds
I Can Live Without Cable But Not As Well As My Kids
Success And Failure
We Are In The Most Dangerous Period In The Business Cycle
The 5k Not The Marathon Is The Ideal Race
Latte Index Currencies
Another Doomsday Moment For High Yield Strategies
This Is How To Use Mindfulness To Make Better Decisions
The ‘No-America’ Portfolio: Two Big Investors Make a Case
Few Friends for New Trends
Bank of Japan Tapers (Quietly), QE Party Over
The Fed Might “Surprise” Markets with its Hawkishness in 2018
US Demand for Electricity Falls Further: What Does it Mean?
Navigating the speculative Id of Wall Street
Is Sugar Slowly Killing Us? My conversation with Gary Taubes
How to talk to anyone

What we are reading on 11/28/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Crowdsourced Earnings Forecasts: Implications for Analyst Forecast Timing and Market Efficiency
Ways To Turn Around Your Bad Day In A Few Minutes
Money Mistakes To Avoid in Your 20s
Pros And Cons To Everywhere
What I’ve Learned When I Ask For Feedback
Five Simple Behavioural Tips For Better Long Term Investment Decision Making
Retail Tricks That Make You Spend More
Tim Ferriss on Meditation and Mindfulness
Deciding At What Age To Give A Kid A Smartphone
This Is The Fun Way To A Meaningful Life: 3 Secrets Backed By Research
Why Do We Pay So Much Attention to ‘Experts’ Who Were Wrong?
What is driving the decline in entrepreneurship?
The Perfect Storm Of The Coming Market Crisis
More Trials Ahead for North Carolina Pension Fund
What Hath Roth Wrought?
How To Pay For College When You Don’t Qualify for Financial Aid
Do Short Selling Costs Affect the Profitability of Stock Anomalies?
People who seek solitude are more creative.
How gratitude changes you and your brain.
Improving brain function by shocking it.
This Vegetable Will Make You Look 50% More Attractive
The Weird Reason Sleep Is So Good For Memory

What we are reading on 11/21/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Trend following and safe withdrawal rates
Factor research review
The ultra-rich seem to like alternatives.
The most important number
How To Spend Less
Swensen is concerned about low volatility
Is Robert Shiller Right That Passive Investing Is Dangerous
Pensions Plans Are In Trouble And It’s Going To Get Worse
Outsourcing Self-Control
Choose Time Money
Secret Recipe for Growing Grit
For Depression And Anxiety Running Is A Unique Therapy
Probiotics Shown To Alleviate Anxiety
Declutter Your Life, Declutter Your Mind
These Are The 8 Friends You Need To Be Happy In Life
In Illinois, Electoral Battle Over Bankrupting ‘Blue Model’
Shiller Is Wrong
Monetary Momentum
The Biggest Killer of Investment Returns
Investing Outside the U.S. – Purgatory for Pessimists
Hidenburgs and Titanics

What we are reading on 11/7/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
The War Between Fear And Evidence
Ledger Nano S
Japan is abandoning its land
You Can’t Trust The Usual Gauges On This Economy
Bitcoin mining consumes a lot of electricity.
The Ignorance Of The Crowd
Time, The Most Precious Thing World
The Russian Spies Who Fooled Seattle
The Reasonable Formation of Unreasonable Things
The World’s Biggest Grave Robbery
More benefits of a good night’s sleep
How To Stay Productive When You’re Depressed Or Heartbroken
The Army’s Radical Fitness Shift
Some investors have high return expectations
Our Low Risk, Low Volatility World
Are HY Spreads “Too Low”?
Estate Planning Implications of the GOP Tax Plan
Brick-and-Mortar Meltdown Sinks Property Prices
The New Fed Could Be Off the Charts
The U.S. Over-Supply of Oil is Ending
This Time Is Different, in a Different Way

What we are reading on 10/31/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
How I Spent The Last 3 Years Becoming Minimalist And Why You Should Too
Death cleaning
Some cities may be in housing bubbles
Are insect populations declining?
Seven Ways To Reduce Stress In Anxious Times
The many benefits of finishing college
How To Win With A Narcissist: 5 Secrets Backed By Research
Gimme shelter: the real cost of renting vs. homeownership
Will Value Investing Rise From The Dead?
Coping with the public employee pension albatross
Health Care Costs in Retirement
The Bitter Irony about Today’s “Real Disposable Income”
Scott Evans: We’re Living in a Period of Time that’s Extraordinary
Your Credit Information and the End of Privacy

What we are reading on 10/24/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Short-Term Rational, Intermediate-Term Irrational?
Early Hibernation
Low Volatility In Everything
Beneath The Market Rally A Lot Less Trading
A Letter To Jamie Dimon
Why Are Humans So Hairy?
Where’s The Proof That Mindfulness Meditation Works?
How Smartphones Hijack Our Minds
Trend-Following: A Deep Dive Into A Unique Risk Premium
A Fund Flows Theory for Value and Momentum Investing
A Potential Winner: Buying Lottery Stocks with Low Short Interest
Nosebleed Valuations Persist In US High Yield
Too Complacent?
Unprecedented times in so many ways
Is Europe Repeating The 1930s?

Central Bank Monitor as of 10/18/2017

Each month, we track the monetary base for the world’s major central banks. Changes in the monetary base may have an effect on the prices of financial assets such as stocks and bonds.

Notwithstanding a modest retrenchment in October and November (2016), the central banks we cover continue to create money at an astonishing rate. We think the most profligate money printers are Europe and China.

Here is the data through the end of the last month:

What we are reading on 10/17/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Stock Returns And Tips Yields
Focus What Distinguishes Trading
Strategy Is Not A To Do List
Positive Signs For US Retirements
The Pessimists View Of US Retirements
Cities And Suburbs Are Becoming Pretty Similar
Trump And Stocks: What Gives?
Rallys Relentless Bid Registering Records
How The US College Went From Pitiful To Powerful
Want To Ditch Social Security Numbers Try Blockchain
First Evidence That Online Dating Is Changing The Nature Of Society
The 10-10-10 Method Make Decisions Like Warren Buffett And Ray Dalio
Ben Bernanke Is Worried, Maybe We Should Be
The Most Important Thing That Counts in Investing is Character
Why The Cost Of College And Student Loan Debt Won’t Go Down
Globalization Is Poverty: “The Endgame Is Painfully Obvious”
Proposed Tax Changes Could Make 529s More Flexible
Why current market valuations are not justified by interest rates
The price to book magic formula investment strategy

What we are reading on 10/10/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
The Many Virtues of Simplicity
New Neuroscience Reveals 2 Rituals That Will Make You More Mindful
Death, Taxes, and Mean-Reversion?
Tactical, But When?
Suggestion of a New Currency Factor Model
High Yield Investing: Corporate Bonds versus Equities
Why Does Larry Swedroe Hate Dividends?
Here’s how your investments can survive a world of trouble
Real M0 Money Supply’s Trend Is Positive For First Time Since 2016
A Tiny Country proves why Bitcoin can never be banned
Kyle Bass on Greece, Puerto Rico and Cryptocurrencies
There’s more to Sonoma County’s illegally granted pension increases
The Hated Dollar Resurges. But Why?
California’s Housing is Bleeding Out and We Apply Band-Aids
Value About To Outperform Growth
Why market valuations are not justified by low interest rates.
The Logic of Risk Taking
How to be Rational about Rationality

What we are reading on 10/3/2017

Here’s what we are reading today. We do not necessarily agree with the opinions expressed therein and we disavow any actual or implied investment advice therein. In no particular order:
Value investing theory v. practice
Compound Your Face Off
What will happen to value investing?
Driving Down Costs
Investors expect the stock market to decline. Most are not doing anything about it.
Riding The Wave Of Managed Futures
A more efficient running sneaker?
When Should You Stop Putting Food In Your Mouth Each Night?
The college degree is being replaced by something better.
Venture capital for value investors
Factor Olympics: Q3 2017
TAA vs buy and hold in overvalued markets
Are cost pressures increasing?
Mesmerizing 30 Day Timelapse At Sea
Should You Graduate College in Three Years?
Prices Paid Signal an Inflationary Spike is Coming
6 Fast Facts About 529s
Equifax fallout
Blissful delusion