Wednesday, January 13, 2016

What We're Reading ~ 1/13/16

George Soros: it's the 2008 crisis all over again [CNBC]

Rare interview with Michael Burry (of The Big Short fame) [NYMag]

Daniel Kahneman on intuition and loss aversion [Farnam Street]

Barron's top 10 stock picks for 2016 [Barrons]

The 2016 Crossing Wall St buy list [Crossing Wall Street]

On Amazon's entrance into India [Fortune]

Amazon and world domination [Value Venture]

A painful year for contrarian trades [A Wealth of Common Sense]

The difference between patience and stubbornness [Fool]

In Silicon Valley now, it's almost always winner takes all [New Yorker]

Baidu's Li says investors don't get China's coming internet boom [Bloomberg]

The digital future of consumer-packaged goods companies [McKinsey]

50 unfortunate truths about investing [Morgan Housel]

Cordcutting: myth or reality? [Value Seeker]

How FICO became outdated [PYMNTS]

Meet the 'new' lower margin, lower quality Chipotle [HVST]

Current case for Liberty Global (LBTYA/K) [Jnvestor]

Nearly 95% of young renters want to buy, but many say they can't afford it [WSJ]

Watch the First Episode of Showtime's Billions For Free

Showtime's new show Billions is about power politics in high finance and is the first major show centered on the industry in quite some time.  The first episode has been released for free and you can watch the video below.

The series features Emmy and Golden Globe winners Paul Giamatti as US Attorney Chuck Rhoades and Damian Lewis as hedge fund billionaire Bobby Axelrod.

The cast also includes Maggie Siff (previously of Sons of Anarchy and Mad Men) as well as Malin Akerman, Toby Leonard Moore, and David Costabile.

As if you didn't already have enough reasons to watch, the show's creators include Brian Koppelman (Rounders) and Andrew Ross Sorkin (Too Big To Fail.)

Embedded below is the first full episode of Showtime's Billions for free:

Kyle Bass on Wall Street Week

Anthony Scaramucci and Gary Kaminsky's rebooted Wall Street Week continues their run of impressive guests with Kyle Bass of Hayman Capital joining them this time around.

Their discussion started by talking about taking the leap of starting your own firm and Bass' play on the housing crisis.

They also talked about how excess capacity fueled by debt has now led to oversupply of various things, which has led to deflation.

Bass feels strongly that China is going to "dramatically devalue its currency" and walked through his thoughts on China in-depth.

Embedded below is the video of Kyle Bass' interview on Wall Street Week:

For previous interviews from this show, head to Wall Street Week's episode with Point72's Doug Haynes.