Below you will find the articles on economics, investing, and finance that we found most interesting for the week.
NB: ($) denotes subscription site.
Why cash is valuable, even when it doesn’t pay any interest.
Angel investing has some parallels to buying a lottery ticket.
Article via New York Times ($)
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?
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