Monthly Archives: July 2012

How Microsoft Lost Its Mojo: Steve Ballmer and Corporate America’s Most Spectacular Decline | Business | Vanity Fair

How Microsoft Lost Its Mojo: Steve Ballmer and Corporate America’s Most Spectacular Decline | Business | Vanity Fair. Most interesting, however, is that Jobs put the ultimate blame on Bill Gates: “They were never as ambitious product-wise as they should … Continue reading

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Stock Research, For a Select Few – WSJ.com

Stock Research, For a Select Few – WSJ.com. A growing group of Wall Street salespeople and brokers has created a shadow stock-research business that caters to big, fast-money traders but isn’t available to retail investors. On July 10, for instance, … Continue reading

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New Technology and Rules Transform Bond Market – NYTimes.com

New Technology and Rules Transform Bond Market – NYTimes.com. Bond traders have long defined Wall Street’s swagger and, in good years, generated a large share of its profits. Now, though, an upheaval is taking place in the bond business that … Continue reading

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How to Do What You Love

How to Do What You Love.

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Essential Facts About the Federal Budget – WSJ.com

Essential Facts About the Federal Budget – WSJ.com.

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Is the Finance Sector Too Big? | Leeds on Finance

Is the Finance Sector Too Big? | Leeds on Finance. 3. While financial development creates value, there comes a point at which it starts to cause problems.  His research shows that financial development creates value until this sector’s employment becomes … Continue reading

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Investors Testing Limits of Defense – WSJ.com

Investors Testing Limits of Defense – WSJ.com. Investors are flocking to stocks of large, dividend-paying companies, particularly those seen as less vulnerable to a slowing economy or turmoil in Europe. But their popularity has pushed these so-called defensive stocks to … Continue reading

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IMF World Economic Outlook (WEO) Update — New Setbacks, Further Policy Action Needed, July 2012

IMF World Economic Outlook (WEO) Update — New Setbacks, Further Policy Action Needed, July 2012.

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Thoughts From the IMF | Leeds on Finance

Thoughts From the IMF | Leeds on Finance. 7. Notice that U.S. equities have significantly outperformed other major indices.  See chart below.

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Trust | Leeds on Finance

Trust | Leeds on Finance. See the paper referenced in the blog post: A tremendous amount of research shows that professional money managers underperform passive investment strategies (i.e., buying an index fund) net of fees.  Two prior studies show that mutual … Continue reading

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