Hogwash, Comedy and Following the Rules
Back to work with our morning train reads:
- Vanguard Is Growing Faster Than Everybody Else Combined (New York Times)
- Buyout Firms Are Magically — and Legally — Pumping Up Returns (Bloomberg)
- Commodities in Your Portfolio? It’s All Hogwash, Says Wall Street Dissenter (Wall Street Journal)
- Pure Comedy (Reformed Broker)
- How Markets Overcame Past Geopolitical Crises (Bloomberg View)
- Filing Taxes in Japan Is a Breeze. Why Not Here? (New York Times); see also Sorry America, Your Taxes Aren’t High (Bloomberg)
- The billionaire film buff restoring the Quad Cinema (Crain’s New York)
- Brian Stelter has been training for this moment his entire life (Washington Post)
- Behind United Airlines’ Fateful Decision to Call Police: Airline’s rules-based culture in spotlight after man was dragged off flight by law enforcement (Wall Street Journal)
- Arizona Sky Village’s residents have one rule: Turn off your lights (the Guardian)
Indexes beat stock pickers even over 15 years
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