It's the middle of the week and we're approaching the end of the summer. Have no fear, though, our expertly-curated morning train reads are here to help you:
- Buffett: "If you've got 160 IQ, sell 30 points to somebody else because you won't need it in investing." (Farnam Street)
- Stock Market Bubble? The Warnings Grow Louder (CNN Money) but see Jim Cramer: This Stock Market Is Despised (The Street)
- Google's Growth Since Its IPO Is Simply Amazing (Quartz)
- The Cost of Looking for Luck (Chief Investment Officer) see also Do Superstitious Traders Lose Money? (SSRN)
- Shiller's CAPE and Math (Statistical Ideas)
- First-Time Buyer Comparisons Can Be Deceiving in Housing Market (Real Time Economics) see also With Rentals in Fashion, Apartment Construction Hits 25-Year High (Real Time Economics)
- Can Anyone Stop Comcast? (The Verge)
- Delaware Becomes the First State to Give Heirs Broad Digital Assets Access (Ars Technica)
- Always Talk to Strangers (The Atlantic)
- Nobody Knows How Many Americans the Police Kill Each Year (FiveThirtyEight)
What are you reading?
In 2008, Averages Didn't Confirm New Highs, Signaling Dow Theory Reversal
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Barry L Ritholtz at email@example.com