Potential changes to tax law

Some interesting observations about the US tax system.

Plain truth about taxes and cuts

This year's Nobel Prize in Economics

Read about it here: 2007 Nobel.

Who are the quants?

This summer, as a meltdown in the subprime credit market spilled over into other markets, all eyes were on the mathematically trained financial engineers known as "quants." Who are these guys?

https://www.technologyreview.com/Biztech/19529/

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Fed meeting on interest rates this Wednesday

Here's the current thought on what they will do:

Fed weighs its options

The life and amibitions of young dot-com millionaires

Great article about what drives the 30-somethings who have made millions IPOing their dot com companies. Many of them are still driven to succeed and start new businesses.

After Succeeding, Young Tycoons Try, Try Again

Billions of dollars of California housing wealth predicted to disappear

Recent Senate study predicts massive losses to CA housing wealth and potential spillovers to the entire economy. Later in macro, we'll talk about how the Fed should respond to a crisis like this.

Billions of CA Housing Wealth at Risk

Warren Buffett- How to minimize investment returns

This is an old Berkshire Hathaway annual statement. These are fun to read because Buffett writes them in his unique "folksy" writing style that is very clear and concise. Skip to near the end around p.17 for his story on "How to minimize investment returns". Very interesting parable about the entire finance industry in general.

Great article on index fund investing

Advice from the index fund mastermind