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When Mutual-Fund Values Get Muddy - WSJ
Investing dramas are often buried in the dullest-sounding documents. On Dec. 10, Highland Funds II, a series of mutual funds run by Highland Capital Management Fund Advisors L.P. via Pocket
IFTTT  Pocket  wsj 
6 hours ago by shj333
GE Powered the American Century—Then It Burned Out - WSJ
How the company that was once America’s biggest, the maker of power turbines, the seller of insurance, the broadcaster of ‘Seinfeld,’ became a shadow of its former self They came by the dozens in luxury sedans, black Ubers and sleek helicopters. via Pocket
IFTTT  Pocket  wsj 
10 hours ago by shj333
Gwyneth Paltrow Wants to Convert You - WSJ
Newly remarried, the Goop CEO is living her best life—and believes she can help you live yours better, too
gwyneth-paltrow  wsj 
yesterday by lendamico
The Airport of Tomorrow - WSJ
Two trends have marked changes in air travel in recent years: self-service and segregation into many different groups based on fares, elite status, credit cards and mobility needs. Now much of the same is coming to the TSA checkpoint of the future. via Pocket
IFTTT  Pocket  wsj 
yesterday by shj333
‘Ansel Adams in Our Time’ Review: Reconsidering a Mountainous Career - WSJ
America’s most famous nature photographer is given a new context in this exhibition that shows his work alongside that of living chronicler’s of the nation’s countryside. via Pocket
IFTTT  Pocket  wsj 
yesterday by shj333
The Cynicism of Georgia’s Stacey Abrams - WSJ
The Democratic gubernatorial loser goes to court with bogus racism charges. via Pocket
IFTTT  Pocket  wsj 
yesterday by shj333
Where Truth Is Elusive and Chaos Is Near - WSJ
A series at the Film Society of Lincoln Center plumbs the depths of director Jacques Tourneur’s richly mysterious horror movies, melodramas, thrillers, westerns and fantasy films. via Pocket
IFTTT  Pocket  movies  wsj 
2 days ago by shj333
Anti-Zionism Threatens Europe’s Jews
Anti-Zionism isn’t the same as anti-Semitism,” we keep hearing. A new study suggests that for Jewish Europeans, the distinction is without a difference.

The European Union Agency for Fundamental Rights polled some 16,500 Jews in 12 countries that account for 90% of the EU’s Jewish population. Eighty-five percent say anti-Semitism is a problem in their country, and 28% report having experienced anti-Semitic harassment in the preceding 12 months—including 37% of those “who wear, carry or display items in public that could identify them as Jewish.” As a result, 34% avoid visiting Jewish events or sites, and 38% have considered emigrating.

Those who reported being harassed were asked to describe the perpetrator of the most serious incident. Only 13% said it was “someone with a right-wing political view,” compared with 30% who cited extremist Muslim views and 21% left-wing political views.

Respondents were asked about anti-Semitic statements they heard online, in other media and at political events. The most common one, which 51% said they hear “frequently” or “all the time,” was “Israelis behave ‘like Nazis’ towards the Palestinians”—a claim that demonizes the Jewish state while diminishing the crimes of real Nazis.

The leftist counterargument is that anti-Zionism is a legitimate political position that has nothing to do with anti-Semitism. But anti-Zionists discriminate against the Jews alone among the peoples of the world and call for the Jewish state’s economic, cultural and academic boycott. What sense would it make to say: “I don’t think Ireland has a right to exist, but I’m not anti-Irish”?

Anti-Semitism has been likened to a virus that adapts to changes in society. What may have started with the accusation of “Christ-killer” morphed to socioeconomic “justifications” for Jew-hatred. In the late 19th century, racial theories provided pseudoscientific “evidence” of Jewish inferiority. The medieval libel of “Jews poisoning the wells” turned into “Zionists poison Palestinian water.” The 19th-century German politician Heinrich von Treitschke said “the Jews are our misfortune,” which the Nazis later picked up. The sentiment finds its modern equivalent in, “The world would be a better a better place without Israel.” A third of the respondents in the EU poll said they hear that frequently or all the time.

Last Thursday the bloc’s justice and home-affairs ministers unanimously approved a declaration designed to tackle all sources of anti-Semitism. They endorsed the International Holocaust Remembrance Alliance Working Definition of Anti-Semitism, which specifically includes as examples denying Israel’s right to exist or holding Jews responsible for Israel’s actions, real or imagined.

Far leftists—including Jeremy Corbyn, leader of Britain’s Labour Party, pick up traditional anti-Semitic tropes, replace “Jews” with “Zionists,” and deny anti-Semitism. The European Union sees through this obvious deception.

Mr. Schwammenthal is director of the AJC Transatlantic Institute in Brussels.

Appeared in the December 12, 2018, print edition.
Anti-Semitism  Israel  ForeignAffairs  WSJ 
2 days ago by richardwinter
Upfront Payment Can Make Research More Objective
While Jon Sindreu’s broad strokes apply to some sponsored research providers, “Hidden Danger in Paid Research” (Heard on the Street, Nov. 29) does a disservice to those who follow a strict set of policies to mitigate conflicts of interest and ensure analysts maintain complete discretion over what gets published.

Reputable, comprehensive and high-quality sponsored research does exist. The implication that all sponsored research is promotional and “generate[s] a lot of misinformation” is grossly overgeneralized. I challenge the author to compare the objectivity, comprehensiveness and accuracy of estimates of a report written by a reputable sponsored research firm to that from a sell-side analyst covering the same company.

Maintaining independence and reducing conflicts of interest start with receiving payment from the issuer upfront, before any reports are published. It is further bolstered by employing analysts with experience, background and reputations that they are unwilling to risk soiling for the sake of issuing an unworthy “buy” rating or covering an otherwise “uncoverable” issuer.

Brian Marckx, CFA
Zacks Small-Cap Research
Chicago
Research  WSJ 
2 days ago by richardwinter
❝ When we complain about too much work, we’re... - John Althouse Cohen
❝ When we complain about too much work, we’re expected to offer regrets about sleep lost, family events missed, television shows not caught up on. Nobody wants to seem like a remorseless lunatic who’s thrilled to miss the school play.

But amid the complaining about being overworked, there’s often a decipherable bit of pride, even a hint of a brag—a workbrag.

Why do we brag about overwork? Because we’re conditioned to think that working all the time is a good thing, a signal of diligence, virtue and our own value.…

What if all of that is upside down? What if working all the time is a symptom of dysfunction, not excellence? What if it turns out to be dreadfully inefficient, a recipe for burnout and turnover and eventual collapse? …

That’s the premise of a new book, “It Doesn’t Have to Be Crazy at Work,” by Jason Fried and David Heinemeier Hansson. Last week, I hosted a talk with the authors for a Wall Street Journal event in New York City. The co-founders of the workplace software company Basecamp, Fried and Hansson are successful entrepreneurs who rail against the win-at-all-costs mentality of American business. They preach calm over conquest. They pay their employees to take vacation—not vacation time but the actual vacation.…

Fried and Hansson’s company used to have one of those “limitless vacation” policies, until they realized that it made employees nervous about taking vacation. Now they insist on three weeks. …

The tide may be starting to turn. Recently, a video game developer, Dan Houser, gave an interview to New York magazine in which he talked about the 100-hour weeks some employees worked to finish a new game. That provoked a backlash, with Houser later clarifying to the website Kotaku and others that such workweeks were unusual, and not required, and that the average workweek at his company was closer to 45 hours. ❞
work  stress  wsj 
3 days ago by jaltcoh
Climate Change Emerging From the Political Shadows - WSJ
Twin wildfires in California and a vocal new class of Congressional Democrats are putting a new focus climate change—but that will hardly translate into new consensus on the subject. via Pocket
IFTTT  Pocket  wsj 
3 days ago by shj333
For the Best Financial Advice, Ask Somebody as Uninformed as You - WSJ
People who aren’t financially savvy tend to learn more about money from peers rather than those with more knowledge. via Pocket
IFTTT  Pocket  wsj 
3 days ago by shj333
Where to Put Your Money in 2019 - WSJ
Don’t give up on stocks, despite their stumbles, and look beyond bonds when allocating assets for the new year. Even “cash” investments might pay off. via Pocket
IFTTT  Pocket  wsj 
3 days ago by shj333
John Bogle Talks About His Best and Worst Financial Bets - WSJ
Best Bet/Worst Bet: Getting booted from Wellington Management in 1974 taught the Vanguard index-fund pioneer a lesson he never forgot. via Pocket
IFTTT  Pocket  wsj 
3 days ago by shj333
The Presidency Can Add Years to Your Life - WSJ
No president since Nixon has died before reaching his 90s. via Pocket
IFTTT  Pocket  wsj 
3 days ago by shj333

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