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Financial Rounds

The finance classroom meets the outside world (and vice-versa). Back away slowly from the computer with your hands up and your mind open, and with luck nobody gets hurt.

Sunday Link Dump

Posted on 10/30/2006 00:00 AM | Link | Post Comment
It's been a busy weekend at the Unknown Household, with two birthday parties for the Unknown Kids to go to. At one of them, they got to go roller skating for the first time.

Somehow, in the midst of all this, I managed to get do some data manipulation for a coauthor of mine and get my PowerPoint slides done for my classes for the week. SO, I'm actually a bit ahead of things.

So, there hasn't been any blogging. But there were a few good pieces that came up, so I thought I'd empty out my feed reader. Here they are:
Arnold "Red" Auerbach just passed away. From the Boston Globe, "In two decades of National Basketball Association coaching, Auerbach won 938 games, a record when he retired in 1966, as well as a record nine NBA championship titles, a number he shares with Phil Jackson. In those 20 years, 16 with the Celtics, Auerbach had only one losing season while winning almost two-thirds of his games." As a long-time Celts fan, thanks for all the memories.

From The Marketwatch.com weekend edition: online hacking of investors' brokerage accounts in on the rise.

The NY Times reports on a study by Standard and Poors. It shows that only 28% of actively managed large cap funds were able to beat the S&P 500 this year. Once again, indexing is probably the best strategy for the vast majority of investors.

Alina Tugend (also of the Times) points out how difficult it is to calculate late fees and finance charges on credit cards.
And now, it's time to spend some time with the Unknown Wife, and then to sleep so that I can get up an hour earlier tomorrow.
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