I woke up today to my dog barking at a squirrel through the window.
Links We Liked!
- From JT at Money Mamba – the implications of the decline in active mutual funds. To that, we add that if (when?) hedge funds and active investors dominate, value investors will have to wait longer for mispricings to clear up. Also, volatility (passive income following less and less active).
- At the Freakonomics blog, an interesting summary of the first sale doctrine applied to imported books.
- Our friend Joe (at The Free Financial Advisor) discussed bringing in the cavalry after home improvement… disasters. Tell him when you turn to the pros.
- We’ll certainly be reacting to this piece… eventually, but for now read our friend Joe’s (at Timeless Finance) take on Personal Finance classes in Ontario.
- At the Big Picture – discussion about the type of return being quoted. You know we’re sticklers- here are our articles on real total returns of the DJIA and S&P 500.
- We talked about food spending this week – and so did Nelson at Financial Uproar! From a man who knows supermarkets like you know the back of your hand comes this pizza comparison.
- Bruce Bartlett had an interesting post – that we’re a week late on – about the composition of wealth and changes since the real estate bubble popped.
- At Afford Anything – Paula rips apart the idea that money and buying stuff are the same thing. You know, other than the non vs. verb thing!
- A discussion on rentier policy on the Washington Post Wonkblog.
Links to Us!