Sat.May 27, 2023

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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The King’s Dominion (The real Succession) : His sons are at war. He’s divorced his fourth wife and broken an engagement to a would-be fifth. The jewel in what’s left of his crown faces a billion-dollar lawsuit.

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The Bet

The Reformed Broker

Eleven years ago this spring, a startup called Betterment published a blog post stating that human financial advisors were obsolete and that the people who work in the advice industry are pigs. The basis of their post was an NBER study that sent secret shoppers out to meet with “financial advisors” who then received high-cost, unsatisfactory advice.

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Saturday links: seemingly good things

Abnormal Returns

Ford Ford ($F) has backtracked on its plan to remove AM radios from new cars. (variety.com) Why Tesla ($TSLA) opend up its charging network to Ford ($F).subsidies. (axios.com) Autonomous vehicles Self-driving cars are being tested against the worst human behaviors. (wsj.com) Uber ($UBER) and Waymo are teaming up in Phoenix. (theverge.com) Autos Why vehicles should be taxed by curb weight.

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This Week on TRB

The Reformed Broker

Reminder: The Ritholtz crew is coming out to Austin, Texas next month. Details about how you can meet with us here. And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. These are the most read posts on the site this week, in case you missed it: . The post This Week on TRB appeared first on The Reformed Broker.

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Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Schedule for Week of May 28, 2023

Calculated Risk

The key report scheduled for this week is the May employment report. Other key reports include the March Case-Shiller house prices, May ISM Manufacturing and May Vehicle Sales. -- Monday, May 29th -- All US markets will be closed in observance of Memorial Day. -- Tuesday, May 30th -- 9:00 AM: S&P/Case-Shiller House Price Index for March. This graph shows the year-over-year change in the seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (

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How many views does a website need to be profitable?

Steven J. Wilson

While some websites are created solely for informational purposes, most website owners aim to generate revenue from their sites. One of the key metrics used to determine website profitability is the number of views or visitors to the site. Some site owners chase profit for years without ever reaching their goal of creating a sustainable. Read more The post How many views does a website need to be profitable?

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MiB: John Hope Bryant, Operation Hope

The Big Picture

 This week, we speak with entrepreneur John Hope Bryant , the founder and chief executive officer of Operation HOPE, which is the US’s largest not-for-profit provider of financial literacy and economic empowerment tools. Described as the “Conscience of Capitalism,” Bryant is also chairman and chief executive officer of John Hope Bryant Holdings , Bryant Group Ventures and The Promise Homes Company.

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Real Estate Newsletter Articles this Week: "Multi-Family Delinquencies Increased"

Calculated Risk

At the Calculated Risk Real Estate Newsletter this week: • New Home Sales at 683,000 Annual Rate in April • Two Key Housing Themes: Low Inventory and Few Distressed Sales • Total Housing Completions will Likely Decrease Slightly in 2023; The Mix will Change • Fannie and Freddie Serious Delinquencies in April: Single Family Declined, Multi-Family Increased • Final Look at Local Housing Markets in April This is usually published 4 to 6 times a week and provides more in-depth analysis of the housin

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