2626 Cole Ave. Suite 504, LB 24
Dallas, TX 75204
214-871-2772
Penn Davis McFarland

What We’re Reading – Week of 06/06/2014

Below you will find the articles on economics, investing, and finance that we found most interesting for the week.

NB: ($) denotes subscription site.

 

Why cash is valuable, even when it doesn’t pay any interest. 

Article via Motley Fool

 

Angel investing has some parallels to buying a lottery ticket.

Article via New York Times ($)

 

A modern-day example of Buffett’s “Superinvestors of Graham and Doddsville” – David Abrams, who first worked with Seth Klarman, has generated stellar returns using the same cash-heavy value-focused investment style as his mentor.

Article via Wall Street Journal ($)

Original “Superinvestors of Graham and Doddsville” Article via Columbia Business School

 

As much as 1.7% of GDP is lost annually to healthcare fraud in the United States.  That is a truly outrageous statistic.  Is anyone doing anything about it?

Article via The Economist ($)

 

Where do we go from here?  Arnold Van Den Berg shares his insightful thoughts on investing in a world of quantitative easing.

Transcript via Century Management