Linkfest: Marks likes China; Jamie Dimon: The Lance Armstrong of Wall Street? Gentlemen, start your iPhones; Info overload

Categories: Linkfest

Today’s most shared: Howard Marks likes China… JPMorgan was supposed to be above the crowd, but is Jamie Dimon now the Lance Armstrong of Wall Street? … US government investment in infrastructure falls … How healthcare web site stumbled… Theory v. data: How Fama and Shiller approached 1987 crash. - JetBlue and Delta Now Allow Gadget Use During Entire Flight

Oaktree’s Marks Buys Cheap Chinese Stocks as U.S. Fairly Valued
Oaktree Capital Group LLC, the world’s largest distressed-debt investor, is buying Chinese stocks after valuations tumbled, Chairman Howard Marks said.
shared by @JacobWolinsky, @BarbarianCap, Reformed Broker, @pcdunham
US public investment falls to lowest level since war
Financial Times
Public investment in the US has hit its lowest level since demobilisation after the second world war because of Republican success in stymieing President Barack Obama’s push for more spending on infrastructure, science and education.
shared by @mark_dow, @TheStalwart, @RoubiniGlobal, Naked Capitalism How political fear was pitted against technical needs
Washington Post
Fear of political blowback and lack of central oversight contributed to the failed rollout of Obama’s health plan.
shared by @carney, @MParekh, Marginal Revolution, Naked Capitalism
Poverty in America Is Mainstream
New York Times
Contrary to popular belief, the percentage of the population that directly encounters poverty is exceedingly high.
shared by @Noahpinion, @MarkThoma, @JustinWolfers, @Dvolatility, @counterparties, @moorehn
An exclusive interview with Bill Gates
Financial Times
Bill Gates describes himself as a technocrat. But he does not believe that technology will save the world. Or, to be more precise, he does not believe it can solve a tangle of entrenched and interrelated problems that afflict humanity’s most vulnerable.
shared by @MParekh, @FGoria, @mattbish, reddit/Economics, @volatilitysmile
When Buffett Was Right, but We Were Too Scared
Wall Street Journal
Just over five years ago, global financial institutions appeared on the verge of collapse and stocks were sinking, Warren Buffett wrote an op-ed in The New York Times that seemed, at that time, out of touch with the pulse of the market.
shared by @ReformedBroker, The Big Picture, Reformed Broker
Fed’s Lacker Admits Inflation Fears Proved Unfounded
Wall Street Journal
One of the Fed’s biggest inflation fighters confessed Friday he’s been caught off guard when he sees how calm price pressures have been in the face of epic levels of central bank stimulus.
shared by @ObsoleteDogma, @MarkThoma, @Noahpinion, @ritholtz
Lo Siento
The Reformed Broker
”Bank on the trends and don’t worry about the tremors.” – J. Paul Getty It’s absolutely true that most developments in the market are totally irrelevant.
shared by @derekhernquist, @JacobWolinsky, @howardlindzon, @TheBasisPoint
Reduce the noise levels in your investment process
Washington Post
Don’t be swayed by the glut of meaningless information that comes your way routinely.
shared by @ritholtz, The Big Picture, @Noahpinion, @AlephBlog, Abnormal Returns
JetBlue and Delta Now Allow Gadget Use During Entire Flight
You no longer have to turn off your electronic devices before takeoff on Delta and JetBlue flights.
shared by @MParekh, @davewiner, @hblodget, @AntDeRosa, @Techmeme follows the best ‘curators’ on the Web and social media, and finds all the top financial news right now, as voted by you.

Please help us pick the most important stories you think should appear in this linkfest by voting here!

Photo credit: – JetBlue and Delta Now Allow Gadget Use During Entire Flight


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