Econintersect: Click Read more >> below graphic to see today's list.
The top of today's reading list is about forgotten lessons of 2008 ........ and the tenth article is Charlie Rose interviewing Peter Lynch The 11th (bonus) article is about the current level of mortgage refinance applications.
- The Forgotten Lessons of 2008 (Shane Parrish, Farnam Street) Hat tip to Barry Ritholtz, The Big Picture) You better read this one!
- Exercise just as good as drugs in war on major disease (Laura Donnelly, The Telegraph) Hat tip to Roger Erickson.
- Want Legalized Marijuana? Better Hope America Stays Grumpy (Devin Leonard, Bloomberg Businessweek) Hat tip to John O'Donnell. See also GEI News article Ending Marijuana Prohibition Worth Billions.
- Why It's A Mistake To Hold Cash In This Market (Chuck Carnevale, Seeking Alpha)
- Simulations back up theory that Universe is a hologram (Ron Cowen, Nature) Hat tip to Roger Erickson. Could contradictions in theories of the universe be resolved by considering that the universe has a dual nature, much in the same way as the mysteries of quantum mechanics were decoded by recognizing the dual nature of light (wave and particle nature)?
- The 10 Deadliest Vehicles on the Road (Eric Schaal, Wall St. Cheat Sheet) The number of single vehicle fatal accidents with the top ten suggest that poor handling characteristics may be a factor in there deadly ranking.
- Why Bitcoin Will Never Be a Currency—in 2 Charts (Matthew O'Brien, The Atlantic) Have you ever seen hyperdeflation. Bitcoin has.
Deflation of 98.5% in 2013.
- The GOP will lose in the 2014 mid-term and 2016 presidential elections! (Michael Haltman, The Political Commentator) Michael Haltman has contributed to Global Economic Intersection.
- What a 241 year-old Dutch credit crisis tells us about market optimism (Edmund L. Andrews, Quartz)
- Charlie Rose Interviews Investing Legend Peter Lynch (Hulu) Hat tip to The Big Picture.
- MBA: Mortgage Applications Decrease in Latest Survey (Bill McBride, Calculated Risk) Mortgage refinance applications are down from the elevated levels of the last 11 years they are still much above "normal" levels from earlier years.
Click on graph for large image at Calculated Risk.