Thursday, January 22, 2015


Wired talks to Bill Gates about his letter, and other things (LINK) [Gates had extremely high praise for the book On Immunity: An Inoculation.]

Bill Gates on Bloomberg TV (video) (LINK)

Lagarde, Cohn, Summers, Botin, Dalio on Bloomberg Panel (video) [H/T ValueWalk] (LINK)
International Monetary Fund Managing Director Christine Lagarde, former U.S. Treasury Secretary Lawrence Summers, Goldman Sachs Group Inc. President Gary D. Cohn, Banco Santander SA Chairman Ana Botin and Ray Dalio, who runs the investment firm Bridgewater Associates LP, speak on a Bloomberg Television debate on quantitative easing. Francine Lacqua moderates the session at the World Economic Forum's annual meeting in Davos, Switzerland. 
11th Annual Demographia International Housing Affordability Survey (LINK)

Google to Sell Wireless Service in Deals With Sprint, T-Mobile (LINK)

It’s not hard to close the cash-rich split-off loophole [H/T Linc] (LINK)

Philosophical Economics: Intrinsic Value: Interest Rates, Inflation, and the Forgotten Concept of the Time Value of Money (LINK)

Accounting For Long-Term Debt (LINK)

Hoisington Q4 2014 Letter (LINK)

William White interview from last month, discussing the Swiss Franc and the SNB [H/T Jon Shayne] (LINK)
Related previous post: Is Monetary Policy a Science? - The Interaction of Theory and Practice Over the Last 50 Years – by William R. White
Michael Pettis: Inverted balance sheets and doubling the financial bet (LINK)

Frilled shark caught off Australian coast (LINK)

Book of the day (I've heard a few people say this is their favorite Jim Grant book): Money of the Mind: How the 1980s Got That Way