It's a conspiracy - I was trying to write a new calculator on the Macbook and I got the dreaded "white screen of death" (it's restoring from backup as we speak). So, yeah, I'm writing this entry on the PC - I've got to be careful or I'll fall back in love with this huge monitor...
Links we Liked!
- At Philosophical Economics - an excellent look at the "$8,000,000" janitor and a study of what it would take to repeat the performance today. I had a huge comment typed up, but jokes on me - no comments on the page, haha. Noting that some of Jesse's valuation comments are tongue in cheek, I'll have a writeup on the sort of savings and results we might see in the future from the perspective of, say, the median employee.
- Free by 50 runs the math - are houses really bigger now, or are new houses bigger?
- At USA Today - a look at "sin" businesses and their relative outperformance over time.
- Political Calculations has snapshots in time of future earnings expectations - and noticed an interesting drop in expectations lately.
- They also have a feature which teases the expected cost of the proposed immigration amnesty program out of the President's budget proposal.
- It's not exactly my domain, but since I read Save. Spend. Splurge's post on artificial baby formulas and additives, I wanted to share something the hospital mentioned when our daughter was born: there are breast milk banks. Worth a look.
- At a Wealth of Common Sense - risk management makes a difference, even if you can cherry pick times when the stock market outperformed bonds and your lack-of-rebalancing seemed like a good idea. Remember: it takes a whole market cycle for you to draw any initial conclusions - and probably even longer!
