Cash, Complexity, Happiness and Ikea
Interesting things are afoot! Stay up to date with our morning train reads:
- U.S. Households’ Income Shows Biggest Jump Since Recession (Bloomberg) but see Striking It Richer: The Evolution of Top Incomes in the United States (UC Berkeley)
- John Bogle’s Expected Return Formula (A Wealth of Common Sense)
- 3 Lessons From Warren Buffett’s Bet Against Hedge Funds (Morningstar)
- IBMer Who Decoded Bernie Madoff’s proprietary programming language (IT Jungle)
- Complex Markets Don’t Require Complex Solutions (Evidence-Based Investor)
- Private Equity Is the New Hedge Fund (Bloomberg Gadfly)
- Ikea Forever: By upping its design but not its prices, the Swedish giant is making its ephemeral furnishings more pervasive than ever. (New York Times)
- The More Cash People Have, the Happier They Are (Wall Street Journal)
- How the Battleground Political Game Is Played (Bloomberg)
- How the sun, our greatest friend and enemy, could knock out the internet (Vox)
What are you reading?
Income Growth by Deciles of Mature Economies
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