left right politics showbiz tech invest good life gossip fun hot
Mother Jones Hot Air Huffpo Variety Engadget Seeking Alpha Lifehacker TheSuperficial Daily Beast reddit
Daily Kos Michelle Malkin Politico Billboard Boing Boing TheBigPicture Luxist TMZ.com Fark BuzzFeed
ThinkProgress RightWingNews First Read CNN Showbiz Gizmodo FT Alphaville Joystiq Perez Hilton 4chan memorandum
Crooks+Liars Power Line CNN ticker E! Online Techcrunch Josh Brown Kotaku gamer Bastardly Post Secret Techmeme
TalkngPtsMemo Ameri..Thinker Swampland TV Guide Ars Technica 24/7 Wall St. TreeHugger Egotastic hascheezburgr Drudge
The Raw Story NewsBusters The Caucus Ent. News Mashable bloggingstocks Consumerist PinkIsTheNew dooce digg
Wonkette Wizbang fishbowlDC HlywdWiretap Google blog DealBook lifehack.org CelebrityBaby Someth'nAwful trends
Atrios Taki Magazine WashWhisprs DeadlnHllywd Read/Write Jeff Matthews 43folders GoFugYourself Neatorama PSFK
Firedoglake Big Hollywood The Fix MSN Ent. OReilly Radar PhilsStockWorld Autoblog Page Six Cool Hunter BBC
Young Turks IMAO Capital Gains Rot'nTomatoes GigaOM Daily Rec'ng Deadspin BestWeekEver stereogum Timespop
Americablog AceOfSpades Open Secrets Cinematical ProBlogger Zero Hedge DownloadSqd Dlisted CuteOverload media eye
Politicususa Redstate WikiLeaks law Cool Tools Bespoke MediaZone PopSugar Dilbert blog TVNewser
CounterPunch Jawa Report econ law.alltop Scobleizer BtwTheHedges Deviant ArtHollyw'dTuna gapingvoid BuzzMachine
TalkLeft Patterico EconLog Volokh Consp. Apple Blog Minyanville Gothamist x17online DailyGrail MediaGazer
Feministing Townhall.com Freakonomics Legal Insurrec.. Valleywag Fast Money Curbed DailyBlabber Prof. Hex Steve Rubel
PolitAnimal OutsideBeltwy CrookedTimbr Conglomerate mozillaZine RealClearMkts FabSugar Gawker OvrheardinNY MediaBlgNRO
Truthdig Moonbattery MarginalRevo SportsLawBlog Smashing W$J Mktbeat Gridskipper Radar Last.fm Threat Level
Alternet RealClearPoli crime W$J Law BlogTechdirt AbnormalRtrns Material Defamer kottke.org Seth's blog
Media Matters Instapundit CrimeblogsBalkinizationMAKE RandomRoger Sartorialist Jossip PumpkinChuckin mediamatters
The Nation Hugh Hewitt All Crime Credit Slips SrchEngLand Stock Advisors Drink'nMadeEasy Just Jared Maps Mania Newshounds
Maddow Blog PJ Media Smoking Gun FindLaw VentureBeat Slope of Hope Mark Cuban Celebitchy CollegeHumor FAIR

Monday, September 27, 2010

A Bing, Bang, Buffett, Bash

Items of Interest:

NY Times:
In Bing Crosby’s Wine Cellar, Vintage Baseball -- How a near pristine black-and-white reel of the entire television broadcast of the deciding game of the 1960 World Series — long believed to be lost forever — came to rest in the dry and cool wine cellar of Bing Crosby’s home near San Francisco is not a mystery to those who knew him.

Crosby loved baseball, but as a part owner of the Pittsburgh Pirates he was too nervous to watch the Series against the Yankees, so he and his wife went to Paris, where they listened by radio.

He said, ‘I can’t stay in the country,’ ” his widow, Kathryn Crosby, said. “ ‘I’ll jinx everybody.’ ”

He knew he would want to watch the game later — if his Pirates won — so he hired a company to record Game 7 by kinescope, an early relative of the DVR, filming off a television...

Jethro Nededog / Zap-2-It: 
'Jersey Shore' lesson: The bang-onomics of Angelina -- After watching Thursday's Sept. 24 "Jersey Shore," I have a new understanding of the way the crew's wild world works. I've pointed out the signs of the crew's wisdom before, but I learned a new subject from the last episode: Bang-onomics

You have to have noticed that the crew tallies every time they smush on the blackboard. The flip side is that the crew acknowledges the double standard that when the guidos bring home different girls on different nights and rack up the tally marks, they're studs --fist pumps all around. If a guidette, say Angelina Pivarnick, does it, she's a whore. But, this crew doesn't run with the usual pack. Nicole "Snooki" Polizzi, for example, can hit it with different guys, because she spaces them out. See, bang-onomics is a harder discipline for the guidettes and it's so easy to fail the class...
Jeff Matthews Is Not Making This Up:
“Better Lucky than Smart”: The Urban Legend of Warren Buffett --
Asked by an audience member if returns such as those posted by Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett…are the product of luck or talent, Taleb [Nassim Nicholas Taleb, author of “The Black Swan”] said both played a part.

If given a choice between investing with Buffett and billionaire investor George Soros, Taleb also said he would probably pick the latter.

“I am not saying Buffett isn’t as good as Soros,” he said. “I am saying that the probability Soros’s returns come from randomness is much smaller because he did almost everything: he bought currencies, he sold currencies, he did arbitrages. He made a lot more decisions. Buffett followed a strategy to buy companies that had a certain earnings profile, and it worked for him. There is a lot more luck involved in this strategy.”

Bloomberg Businessweek, September 25, 2010
... the urban legend surrounding Warren Buffett ... is that Warren Buffett was more lucky than smart...
John Tamny / Forbes:
Rather Than Bash the Rich, We Should Emulate Them -- Ultimately it’s the goal of The Blake School to erase the culture of “white privilege” from its hallowed walls. No doubt this plays well to a media possessing an almost reflexive hate of wealth, but for the rational minds in our midst, white privilege is a falsely pejorative term for the enterprise and parsimony that often lead to financial and charitable success. Blake may well rid itself of what its administrators deem a wanting, privileged culture, but if successful, they’ll rid the school of the values that make it so attractive to the ambitious, including those not rich or white.

Calculated Risk

MishTalk - Mike Shedlock

Paul Krugman - NY Times

The Big Picture - Barry Ritholtz

naked capitalism - Yves Smith

Pragmatic Capitalism

Washington's Blog

Safe Haven

Paper Economy

The Daily Reckoning - Australia