What We’re Reading 12-9-11

Bill Miller had a great run. But did his investors?, Allan Sloan, Fortune

The ‘Financial Repression’ Trap, Kevin Warsh, The Wall Street Journal

The Economic and Employment Contributions of Shale Gas in the US, IHS

Tax Rates, Inequality and the 1%, Alan Reynolds, The Wall Street Journal

How to break up a monetary union(PDF), Donovan et. al, UBS Investment Research

Absolute Certainty Is Not Scientific, Daniel B. Botkin, The Wall Street Journal

jjones

Don’t Chase Returns!

“Don’t chase returns.” It’s a mantra heard everywhere in the investment industry, but people still do it. If experience hasn’t already taught you the hard way, here’s the St. Louis Fed with the hard … [Read More...]