Loss Aversion, Leveraged Loans and the Future of Music

(Bloomberg Opinion) -- My morning train reads:

  • Legislate. Repeal. Fail. Repeat. (New York Times)
  • Subscriptions for the 1% (TechCrunch)
  • Loss aversion can cause investors to make ultra-conservative decisions. (MarketWatch)
  • Here’s How Much Money You Need for Bankers to Think You’re Rich (Bloombergbut see Algorithms are making the same mistakes as humans assessing credit scores (Quartz)
  • Please don’t tell individual investors to buy leveraged loans (Alphaville)
  • Gates: Facebook isn’t a platform. A platform is when the economic value of everybody that uses it exceeds the value of the company that creates it (Stratechery)
  • A Booming Economy With a Tragic Price (New York Times)
  • In Trump Versus California, One Negotiator Is Unlike Any Other (Bloomberg)
  • A guide to anti-misinformation actions around the world (Poynter)
  • Failed Futures of Music: The future of music doesn’t always turn out the way people planned (Red Bull Music Academy)

What are you reading?

America’s Profit Boom Leaves Europe Inc. Playing Catch-Up

Source: Wall Street Journal

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