Review & Outlook

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

What We’re Reading: September 22

22 September, 2014 by Ben O'Brien in Commentary, What We're Reading

Quote of the Day: 

“Both big established players like Calpers and the hot new start-ups use the same investing mantra: Cut costs and simplify. It’s working. … That means even dumb-as-a-post investors get to keep more of their money. And that’s pretty smart.”

–Ben Steverman, Bloomberg

 

Monday links: 

U.S. Stocks Open Lower (WSJ)

The “Dumb Money” is Getting Smarter (Bloomberg)

The Short-Sighted U.S. Buyback Boom (FT)

Yahoo is Both a Winner and a Loser in Alibaba’s IPO (Businessweek)

What a Leading Finance Blogger Learned after 30,000 Posts (Washington Post)

Why Warren Buffet Hates Gold (USA Today)

New iPhone Sales Top 10 million in Opening Weekend (New York Times)

Profits in a Time of War: Chaos and Violence are Not as Bad for Companies as You Might Think (Economist)

EMC Weighs Merger, Other Options (WSJ)

How the NFL Fleeces Taxpayers (Atlantic)

 

Chart of the Day: 

The Origins of ISIS’s Recruits

Source: New York Times