Review & Outlook

Our take on the investing, financial, & economic themes of the day

What We’re Reading: August 15

Quote of the Day:

“While enthusiasm may be necessary for great accomplishments elsewhere, on Wall Street it almost invariably leads to disaster.”

–Benjamin Graham, quoted in Bloomberg

 

Friday links:

U.S. Stocks Open Higher (WSJ)

LinkedIn: Workers of the world, log in (Economist)

Will New China Football League Surpass NFL? (Forbes)

How Much Diversification Is Too Much? (WSJ)

BHP Billiton (BHP) to push ahead with demerger strategy (Financial Times)

Polaris Industries (PII) Growth Fueled by Motorcycles (Investor’s Business Daily)

Coke (KO) Buys a Stake in Monster Beverage (Barron’s)

A Warning to Yield Chasers (Seeking Alpha)

The Tech “Hype Cycle” (Reformed Broker)

A Modest Proposal to the SEC: Ban ‘Alternative’ Investments (Bloomberg)

 

Chart of the Day:

Screen Shot 2014-08-15 at 9.17.02 AM

Via Reformed Broker