India is in Trouble; Real Estate in the West; Diagnosis for Obamacare is Poor;

The believer is happy, the doubter is wise. – Hungarian Proverb.

StockTwits founder Howard Lindzon Describes in Detail his Successes and Failures jaygould

Research:

Countries with short-term debt to foreign banks > reserves are 3x’s more vulnerable to a capital flow reversal. $study HistorySquared

6 Habits of True Strategic Thinkers Bloomberg

• Cites a study showing hours past 40 are useless. This jives directly with ample research showing it takes 10,000 hours of deliberate practice to become an expert. Without even looking, I’m going to guess if you look at the political background of the professors you will find it was conducted by socialists.

Forget the above and read “The Role of Deliberate Practice in the Acquisition of Expert Performance.” – “Many characteristics once believed to reflect innate talent are actually the result of intense practice extended for a minimum of 10 years.” (Ericsson, Rampe, Tesch-Romer)

World:

Western Real Estate:

US:

96%(!) say #obamacare is unconstitutional. A research paper cited in the story shows the number of supreme court questions and interruptions predicted passage and failures. This bodes ill for obamacare, says the Washington Post

Google patent application suggests listening to your ambient noise to build psychological profiles, which implicitly means sharing your psychological profile with the government Natural News ~ fantastic

Goldman traders struggle without order flow coddling ~ Bloomberg

India’s current account deficit monsoon $SCIF ~ FT

“The Russian currency depreciation was anticipated, but the default on government debt, was not.”- What are the similarities and differences with Japan?

Unintended consequences of capped Beijing taxi fares and fuel subsidies economist

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Tagged as: India Bubble, Obama, obamacare