Linkfest: 2013, a risk-takers’ ball; What we learned, and read; Questions for 2014
Categories: Linkfest
Today’s most shared: For our final 2013 linkfest, a look back at a year of risk-on… Stocks beat bonds by the largest margin on record… housing in 10 major markets returned to all-time highs… Private equity shops are cashing out stakes, returning record amounts to investors… What we learned, and read, in 2013… The biggest questions for 2014… Tepper’s $3b payday… The perennial question: academic shill, hack, or true believer? … How JPMorgan hired China elite… Spending saw China through the 2008 financial crisis, but debt strains grow, bailouts may loom… The ruined lives behind ‘Wolf of Wall Street’.
Stocks $3.7 Trillion Year Beats Bonds Most Ever on Funds
Bloomberg
Five years after the equity bull market started, U.S. investors returned to stocks in 2013, just in time for the best relative returns versus bonds on record.
shared by @mccarthyryanj, @FGoria, @ReformedBroker, @edwardnh
Bloomberg
Five years after the equity bull market started, U.S. investors returned to stocks in 2013, just in time for the best relative returns versus bonds on record.
shared by @mccarthyryanj, @FGoria, @ReformedBroker, @edwardnh
Prices in 10 major housing markets are back to all-time highs
Wall Street Journal
The housing recovery remains uneven as cities that were spared in bust soar, but many others struggle.
shared by @nancefinance, @edwardnh, Naked Capitalism, @pdacosta, Calculated Risk
Wall Street Journal
The housing recovery remains uneven as cities that were spared in bust soar, but many others struggle.
shared by @nancefinance, @edwardnh, Naked Capitalism, @pdacosta, Calculated Risk
’We’re selling everything that’s not nailed down,’ said one buyout shop executive
Wall Street Journal
Private-equity firms are set to return a record amount of cash to their investors for 2013, after taking advantage of buoyant markets to sell hundreds of billions of dollars of investments.
shared by @LaurenLaCapra, @pdacosta
Wall Street Journal
Private-equity firms are set to return a record amount of cash to their investors for 2013, after taking advantage of buoyant markets to sell hundreds of billions of dollars of investments.
shared by @LaurenLaCapra, @pdacosta
In 2013 I Learned That…
The Reformed Broker
Seems like just yesterday the year 2013 was just getting underway – and BOOM! Just like that, it’s over! It’s been an amazing 12 months – mostly good for investors and the people who love them.
shared by @jennablan, @retheauditors, @abnormalreturns, @mccarthyryanj
The Reformed Broker
Seems like just yesterday the year 2013 was just getting underway – and BOOM! Just like that, it’s over! It’s been an amazing 12 months – mostly good for investors and the people who love them.
shared by @jennablan, @retheauditors, @abnormalreturns, @mccarthyryanj
The Best Reads of 2013 You Might Have Missed via Abnormal Returns
Yahoo
These post titles are largely self-explanatory but we couldn’t resist adding some commentary. Enjoy.
shared by @abnormalreturns, @cullenroche, @ReformedBroker, Abnormal Returns
Yahoo
These post titles are largely self-explanatory but we couldn’t resist adding some commentary. Enjoy.
shared by @abnormalreturns, @cullenroche, @ReformedBroker, Abnormal Returns
Question #9 for 2014: How much will housing inventory increase in 2014?
Calculated Risk
A top ranked economics and finance blog with a focus on the housing market
shared by Business Insider, Abnormal Returns, @CardiffGarcia, @calculatedrisk
Calculated Risk
A top ranked economics and finance blog with a focus on the housing market
shared by Business Insider, Abnormal Returns, @CardiffGarcia, @calculatedrisk
The Best Financial Advice I Ever Got (or Gave)
Wall Street Journal
Wisdom from 22 successful investors, business owners, Nobel laureates and other big names.
shared by @LaurenLaCapra, @prieur, @JacobWolinsky, @ReformedBroker
Wall Street Journal
Wisdom from 22 successful investors, business owners, Nobel laureates and other big names.
shared by @LaurenLaCapra, @prieur, @JacobWolinsky, @ReformedBroker
Three big macro questions for 2014
Financial Times
Today, this blog offers a year end assessment of three crucial issues that relate to this: the supply side in the US; China’s attempt to control its credit bubble; and the ECB’s belief that there is no deflation threat in the euro area. At least one of these questions is likely to be the defining macro issue of 2014 and beyond.
shared by Abnormal Returns, @MarkThoma, Naked Capitalism, @gavyndavies
Financial Times
Today, this blog offers a year end assessment of three crucial issues that relate to this: the supply side in the US; China’s attempt to control its credit bubble; and the ECB’s belief that there is no deflation threat in the euro area. At least one of these questions is likely to be the defining macro issue of 2014 and beyond.
shared by Abnormal Returns, @MarkThoma, Naked Capitalism, @gavyndavies
Hedge fund titan to pocket $3B for 2013
NY Post
It could be one heckuva New Year’s Eve party for hedge fund titan David Tepper — again. The founder of Appaloosa Management, with more than $20 billion under management, is looking at a possible $3 billion-plus payday in 2013, which could make him the highest paid hedgie.
shared by Business Insider, @JacobWolinsky, Abnormal Returns
NY Post
It could be one heckuva New Year’s Eve party for hedge fund titan David Tepper — again. The founder of Appaloosa Management, with more than $20 billion under management, is looking at a possible $3 billion-plus payday in 2013, which could make him the highest paid hedgie.
shared by Business Insider, @JacobWolinsky, Abnormal Returns
Academics Who Defend Wall St. Reap Reward
New York Times
Wall Street paid academic experts — and gave money to their universities — whose research supported the financial community’s views on commodity trading.
shared by @izakaminska, Huffington Post, Naked Capitalism, @felixsalmon
New York Times
Wall Street paid academic experts — and gave money to their universities — whose research supported the financial community’s views on commodity trading.
shared by @izakaminska, Huffington Post, Naked Capitalism, @felixsalmon
The non-scandal of Scott Irwin and Craig Pirrong
Reuters
Ostensibly Respectable Academic Is In Fact A Hack: it’s a hardy perennial, and an enjoyable one at that.
shared by @TheStalwart, @ModeledBehavior, @ErikSchatzker, @EpicureanDeal
Reuters
Ostensibly Respectable Academic Is In Fact A Hack: it’s a hardy perennial, and an enjoyable one at that.
shared by @TheStalwart, @ModeledBehavior, @ErikSchatzker, @EpicureanDeal
On Defensive, JPMorgan Hired China’s Elite
New York Times
Competitive pressures drove many of JPMorgan’s decisions to ramp up its “Sons and Daughters” hiring program, emails and documents show.
shared by @prchovanec, @lucymarcus, @MattGoldstein26, @niubi, @BuzzFeedBen
New York Times
Competitive pressures drove many of JPMorgan’s decisions to ramp up its “Sons and Daughters” hiring program, emails and documents show.
shared by @prchovanec, @lucymarcus, @MattGoldstein26, @niubi, @BuzzFeedBen
Markets on Edge as China Moves to Curb Risky Lending
New York Times
Beijing has pledged to deliver the country’s most sweeping financial overhaul in decades, liberalizing interest rates and welcoming investment, but the effort is putting stress on the banking system.
shared by @prchovanec, @GTCost, Naked Capitalism, @chinahearsay
New York Times
Beijing has pledged to deliver the country’s most sweeping financial overhaul in decades, liberalizing interest rates and welcoming investment, but the effort is putting stress on the banking system.
shared by @prchovanec, @GTCost, Naked Capitalism, @chinahearsay
An Open Letter to the Makers of The Wolf of Wall Street, and the Wolf Himself
laweekly.com
“Marty and Leo, while you glide through press junkets and look forward to awards season, let me tell you the truth — what happened to my mother, my two sisters and me.”
shared by @LaurenLaCapra, @retheauditors, Marginal Revolution
laweekly.com
“Marty and Leo, while you glide through press junkets and look forward to awards season, let me tell you the truth — what happened to my mother, my two sisters and me.”
shared by @LaurenLaCapra, @retheauditors, Marginal Revolution
A happy, healthy, prosperous 2014 to all!
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