Holy Cow I need to take a sabbatical next week!
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Google talks about pulling out of China for free speech reasons, but decides to continue to run penny stock and investing scams ads in the US. I guess “Do no evil” doesn’t apply to the high paying AdSense campaigns from the scammers? Embarrassing.
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Really interesting interview with Fama in New Yorker and another interview with Justin Fox.
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Both Carney and Althucher are talking about how you can’t invest like Buffett, and I agree, but I think they’re asking the wrong question. The right question is, can I invest alongside Buffett and take advantage of his stock picking skills. I think the answer is yes.