I finally upgrade to high definition tv and have been pretty happy with it. Hockey is pretty good in HD (although it would be a lot better if the Leafs were still playing), but the best improvement has been cycling. I’m currently watching the Giro d’Italia (Canadian Ryder Hesjedal was the winner last year) and the scenery is fantastic. It looks good on non-HD as well, but the difference is stunning.
I can’t wait for the Tour de France to start.
On with the links
Ben Rabidoux, a noted real estate bear, wrote a good article called Should everyone consider renting over buying right now? It’s a reasonable article although personally I wish a smart guy like Ben would use his talents doing something more useful than calling for real estate crashes. Unless he can tell us when the market will go down, how much it will go down and for how long it will be down – any predictions are completely useless. See Garth Turner for another example. Garth has been calling for a real estate crash since sometime after the second world war.
Tom Bradley, the owner of Steadyhand Investment Funds wrote a letter to the Ontario Securities Commission with some suggestions about separating the cost of financial advice from the cost of mutual fund management in Canada. As I wrote back in 2011, I also think separating these fees is a step in the right direction. It’s interesting that Bradley talks about lack of disclosure of mutual fund fees, but he fails to mention that his firm would likely benefit quite a bit if his suggestions are put in place.
And now for something completely different
Here are a couple of non-financial links:
Making bacon. Who doesn’t like bacon? This song video is quite amusing and it might make you hungry.
The Rob Ford story just gets better and better. Jon Stewart from the Today show did a hilarious skit on Rob Ford which is well worth watching.