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2017 Ranking Of RIA’s By Total Assets, Financial Advisor
CS Commentary: A RIA is a Registered Investment Advisor, generally considered to be at or close to the top of the Fiduciary Pyramid in the investment area. For more, see Common Sense Interpretation, below.
Wall Street Exec: Crypto-Blockchain Mass Adoption 5-6 Years Away, Helen Partz, Cointelegraph
HSBC Says Global Bank Is ‘Cautiously Looking’ At Crypto Investment, Ana Alexandre, Cointelegraph
New Poll Shows Only 2% Of U.S. Investors Own Bitcoin, But 26% Are ‘Intrigued’, Maxwell William, Cointelegraph
Ex-Trump Advisor Steve Bannon In On Cryptocurrency, Christine Kim, Coindesk
CS Repeat: Top Crypto Picks: Top 20 Alt-Coins, Cryptoclarified
CS Commentary: Repeating the listing of this link which was published in CS a few weeks ago. The article originally came out in June 2018 and it ranks DIG as its #1 alt-coin speculation, saying that it could easily have a 500% upside. However, please note that the information provided on DIG was easily a few months old as of writing, the wallets listed for the airdrop are out of date and incorrect, and the analysis on this coin is one-sided and not up to date. Still, it is interesting that out of 20 coins they choose DIG over EOS, DRED, and BNB as their #1 choice. Something to consider, but review our analysis on DIG here. Also see, cryptoclarified’s full analysis of DIG from late June 2018, here – – but our above comments still apply.
How A Central Banker’s Speech May Have Motivated More Buying Of Crypto, Anna Baydakova, Coindesk
Why Major Cryptocurrency Investors Are Betting Against Ethereum, Jeff Kauflin, Forbes
Rejection Aside, Calls For A Bitcoin ETF Are Only Escalating, Muyao Shen, Coindesk; Also see, US SEC Commissioner Dissents From Bitcoin ETF Rejection, Marie Huillet, Cointelegraph; Also see, Bitcoin Retains Bull Bias In Spite Of Price Drop Below $8000, Omkar Godbole, Coindesk; Also see, SEC Delays Decision On One Bitcoin ETF Till September – Van Eck Decision Due Next Month, Nikhilesh De, Coindesk
DIG’s Arbitrade To Store Gold On Bermuda, Scott Neil, Royal Gazette
CS Commentary and CS Update on DIG, 7/12/18: There are some worrisome comments here, particularly…See this link for more. Also see, Bermuda Government To Introduce New Regulations On ICO’s And Crypto Firms, Helen Partz, Cointelegraph
Coinbase To Possibly Expand Offerings To 5 Alt-Coins + Ethereum Classic, Ana Alexandre, Cointelegraph
Though 80% Of 2017 ICO’s Were Scams, They Received A Small Percent Of Total Funding, Ana Alexandre, Cointelegraph
Which Cryptocurrency Is The Most Usable As Money? Simon Chandler, Cointelegraph
Bitcoin, Ethereum, Ripple, Stellar & Others: Price Analysis, Rakesh Upadhyay, Cointelegraph
Can The U.S. Economy Maintain This Pace Of Growth? Varney & Co., Fox Business
Common Sense Interpretation
(Start Here First To Understand The Investment Arena Big Picture)
How To Know Who To Trust With Your Money: The Fiduciary Pyramid, Seaborn Hall, Advisor Perspectives
How to Know Who To Trust With Your Money II: A Visual Illustration of Fiduciary, Seaborn Hall, Advisor Perspectives
The Bernie Madoff Fraud: Five Lessons For Investors From The ‘Wizard Of Lies,’ Seaborn Hall, Advisor Perspectives
Evaluating The Arguments For The Dollar’s Demise, Seaborn Hall, Advisor Perspectives
How Likely Is Hyperinflation In the U.S.?, Part Two, Seaborn Hall, Advisor Perspectives
Are Cryptocurrencies The Best Investment Opportunity Of The Next Decade? Part II, Seaborn Hall, Advisor Perspectives
CS Commentary: For an explanation of and the importance of Registered Investment Advisors (RIA), see the ‘Fiduciary’ articles in the Common Sense Interpretation section below.
The Biggest And Best Wealth Management Firms, Investopedia/WSJ
CS Commentary: What’s wrong with this list? Notice they are almost all big banks. Most of the big banks charge ‘hidden’ fees that they don’t tell you about and they also charge larger annual management fees. Independent RIA firms charge an average of about 1-1.25% in management fees, plus, in many cases lower ‘hidden’ fees that they fully disclose. (For an explanation of and the importance of Registered Investment Advisors, or RIA, see Common Sense Interpretation section on this page below).
Why is the WSJ bias towards the larger banks? Very few smaller, independent fee only RIAs – of which there are hundreds of top ones – are featured on this list. At the very least this raises a serious question about the criteria used in this study and ranking; at the most, it raises questions about the objectivity and possible bias of the WSJ. Several rankings around the globe seem much more reliable than these WSJ rankings, among them, Financial Times annual Top 300 global RIA’s ranking and the annual Forbes RIA ranking.
JD Power 2018 Bank Satisfaction Survey, JD Power
The Best Crypto Exchanges, May 2018, Cryptoclarified
The Top 10 Cryptocurrency Blogs & Websites You Should Follow, Cryptoclarified
The History Of Bitcoin In One Chart, Kevin Werbach, Medium
Cryptocurrency 101, Ben Yu, Medium
CS Commentary: A good article for the basics on crypto relative to money, in general, but some warnings…See this link for more.
The 10 Commandments Of Crypto Security, Panama Crypto, Medium
Cryptocurrency Regulation Update June 2018, Phil Glazer, Medium
The Crypto Stable Coins That You Need To Know About, Reece Barclay, Medium
State of Cryptocurrencies Summer 2018, Adam Taché, Medium
CS Commentary: An interesting survey of known and little known coins, but highly technical and of more use to self-described crypto-geeks than the average investor.
Understanding The Retail Bitcoin Exchange Coinbase And Its Professional Trading Sister, GDAX, Jack Tatar, The Balance; Also see, Coinbase Vs. GDAX, The Merkle; Also see, GDAX Vs. Coinbase Comparison, Coin Central
Coinbase Review: Safe Way To Buy Cryptocurrency? Coin Central
More Common Sense
CS Commentary: An old one and a little lewd, but the usually funny comic insult dog ‘triumphs’ again, as he gets kicked out of the American Idol trials by Fox and rebounds by going on the local NBC station.
Woman In Iowa Uses Zoning Meeting To Go On Rant, Barstool Sports
A Spike In Liver Disease Among Young Adults Fueled By Binge Drinking, Paul Chisholm, NPR; Also see, The Rise Of Binge Drinking And How To Prevent It, CDC Fact Sheet; Living And Dying On Airbnb, Zak Stone, Medium; Russian Warship Carrying 100 Billion In Gold Found In Waters Off S. Korea, Express.co.uk; Man Says Prominent Catholic Cardinal In America Abused Him For Years, Sharon Otterman, NY Times
How 20-Year-Old Kylie Jenner Built A $900 Million Fortune In Less Than 3 Years, Natalie Robehmed,Forbes; The Three Most Important Things To Know Before You Ever Consider Getting Married, Benjamin Sledge, Medium; The Myth Of The Job Hopping Rootless Millennial Is Just That – A Myth, Lyman Stone, Vox
Chipotle And Panera Go Non-GMO: Why You Should Care, Dr. Axe; 7 Ways To Lower Cholesterol Levels, Dr. Axe; Spin Class: An Overview And A Checklist, Dr. Axe; The 5 Worst Artificial Sweeteners, Dr. Axe
This Is The #1 Drug In America, Jenny Rose Curtis, Charisma
The Equalizer 2, Film Review: Unequal To The First, Todd McCarthy, Hollywood Reporter
The Dark Knight’s Spellbinding Tale Of Self-Sacrifice Underlies An Instant Classic, Aaron Gleason, The Federalist
CS Commentary: We don’t agree with the effusive tone of this review or the assessment of the film as an ‘instant classic,’ though Gleason’s review does make us want to check it out again to see what all his fuss is about. For us, Batman Begins was the much better film and ever since Nolan, the writer/director, is much overrated up to and including his last ‘tour-de-farce’, Dunkirk, which does nothing to help the viewer understand the battle’s significance or importance (Watch Darkest Hour first for context). For CS, films like 1959’s Ben Hur, still unexcelled in number of Oscars, or Braveheart, or Troy, are classics. Comic book films, because of their intensive imagery and symbols, are great vehicles for big universal statements, like “With great power comes great responsibility,” – one thinks of the original Spider Man trilogy with Toby McGuire, extremely well done – but to put them in the same category as a ‘Gone With The Wind’ or ‘Lawrence of Arabia’ seems superficial and lacking in historical cinematic depth.
MLB Power Rankings: Where All 30 Teams Stand 1 Week From Trade Deadline, Joel Reuter, Bleacher Report; Pro Football Focus Predicts Falcons Win NFC South, JuliaKate E. Culpepper, AJC; Also see, Fox Sport’s Colin Cowherd Predicts Falcons Win NFC South, AtlantaFalcons.com; Matt Ryan’s Camp Brotherhood Held In California, D. Orlando Ledbetter, AJC; Video: Five Off-Season Falcon Headlines
CS Commentary: We haven’t seen this if only because its impossible to find. Its only on the Paramount Network which apparently is only available on Direct TV. It is not on Netflix or Prime, though maybe it will be at some point in the future. However, we are not sure how a show is supposed to make it if its impossible to find and not widely available.
Kimberly Guilfoyle Leaving Fox News, Daily Caller; Netflix Beats HBO In Total Emmy Nominations For First Time In 18 Years, Hollywood Reporter; AT&T’s (Troubling?) Plan To Change HBO, David Sims, The Atlantic
Quotes Of The Month:
“Knowledge of the fact differs from knowledge of the reason for the fact.” — Aristotle
“If you chase two rabbits, you will lose them both.” — Native American saying