What We’re Reading 10-7-11

The Fed’s ‘Twist’ Turns into a Problem for Pensions, Insurers and Households​, PIMCO

Policy Uncertainty Is Choking Recovery, Scott Baker, Nicholas Bloom and Steven Davis, Bloomberg

More Parents Finance Their Kids’ Mortgages, Sandra Block, USA Today

Stimulus Has Been a Washington Job Killer, John F. Cogan and John B. Taylor, The Wall Street Journal

Nearly Half of U.S. Lives in Household Receiving Government Benefit, Sara Murray, The Wall Street Journal

benjamin graham

Americans are Getting Stronger

From Benjamin Graham’s, The Intelligent Investor, first published in 1949: “Americans are getting stronger. Twenty years ago, it took two people to carry ten dollars’ worth of groceries. Today, a … [Read More...]

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Jerks or Angels?

I like this piece from Rich Karlgaard, publisher at Forbes: “BUSINESS WAS ORIGINATED to produce happiness, not pile up millions.” So wrote FORBES founder B.C. Forbes–Steve’s grandfather–in the … [Read More...]

skip helme

How to Buy a Boat: Part III

Once you decide to buy a boat you can’t wait. I was working out with Jane Beezer early one morning updating her on my boat search. I told her Becky and I had been to a couple of boat shows and … [Read More...]