The Big Picture

Debt and Growth: Is There a Magic Threshold?
A Brief History of the Efficient Market Hypothesis
The 1% More Savings Calculator
10 President’s Day Reads
50 Incredible Natural Phenomenons
Potential Growth in Emerging Asia

Debt and Growth: Is There a Magic Threshold?

Posted: 18 Feb 2014 02:00 AM PST

A Brief History of the Efficient Market Hypothesis

Posted: 17 Feb 2014 02:00 PM PST

Prior to viewing the video below, I suggest you read these three posts (in this order):

• The kinda-eventually-sorta-mostly-almost Efficient Market Theory (November 20th, 2004)

• Random Walk and Outperforming Fund Managers (July 19th, 2006)

• How Shiller helped Fama win the Nobel (October 26th, 2013)

In 2008, Eugene Fama made a video for the American Finance Association on the history of the efficient markets hypothesis.

Hat tip The Grumpy Economist

The 1% More Savings Calculator

Posted: 17 Feb 2014 09:00 AM PST

How much more would you have for retirement, if only you could squeeze 1% more per year? The answer, as it turns out, is alot.

Click below to find out . . .

Click here for an interactive calculator.

Source: NY Times

From the article Disadvantages of a Lump Sum 401(k)

10 President’s Day Reads

Posted: 17 Feb 2014 05:00 AM PST

President’s day reading (while in a British commonwealth:)

• What I Learned From Ray Dalio (Morningstar)
• An About-Face for the Stock Market's 5-Year Return (NYT)
• China Record Credit Growth Boosts Outlook for Economy (Bloomberg) but see Don't blame squids, blame China (FT Alphaville)
• 'Young Money': How Wall Street Turns its Pups into Wolves (Fiscal Times)
• The Crushingly Expensive Mistake Killing Your Retirement (The Atlantic)
• What Americans Don’t Know About Science (The Atlantic)
• Information asymmetry, bad incentives and Taibbi (FT Alphaville)
• Harvard Professor Attacking Google Thrives as Web Sheriff (Bloomberg) see also The Plus in Google Plus? It's Mostly for Google (NY Times)
• Microsoft v Microsoft (stratēchery)
• The front-group impresario (Columbia Journalism Review) see also Fight Over Minimum Wage Illustrates Web of Industry Ties (NY Times)