Subject: Share the View 2: Bill Gross's Record and Google Stumbles
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Mon, 12 Jan 2015 11:02:08 -0600

Share The View
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Share The View

The Latest Opinions From Bloomberg View

January 12, 2015

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bloombergview.com 

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Energy 

The Editors:"At this point, Keystone XL has more value as a political issue than as a pipeline. That's why President Barack Obama should just approve it already and put this absurdly politicized issue to rest."
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Investing 

Barry Ritholtz:Bill Gross is most upset about one thing: "Despite 40 years at the top of the fixed-income world, he believes his recent track record has been misunderstood or misrepresented. ... He wanted to know if Bloomberg was willing to look into the data and 'set the record straight.' Since we splashed his 2013 bonus of $290 million all over the Internet, it seemed only fair to do so." 
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Paris Attack 

Leonid Bershidsky: While it's unclear how the rallies in France "can prevent further terrorist attacks, it's easy to see how the anti-Muslim, anti-immigrant backlash could cause more of them." 
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Terrorism

QuickTake:"Boko Haram's escalating campaign of terror led to its deadliest attack ever in January, when militants killed about 2,000 people in the northeastern town of Baga." 
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Tech 

Katie Benner:"The Google of 2015 is not unlike the early 2000s Microsoft -- a hugely profitable company that is having a hard time innovating around its core product. Unless something is done, it will likely go through spasms of flailing and discontent that will be familiar to longtime veterans of the Redmond, Washington, software giant." 
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Economics 

Mark Buchanan:"When economists say they can 'explain' something, beware: Their understanding of the word might be very different from yours."
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News Roundup 

Matt Levine
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(Read the news roundup) 

	- Oil is down. 
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	- Your bonus will be down. 
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	- Meredith Whitney's hedge fund was a strange hedge fund. 
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Ritholtz
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(Read the news roundup) 

	- Seven golden rules of investing as markets defy gravity: 
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	- How OPEC weaponized the price of oil against U.S. drillers: 
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	- There is no effective fiduciary duty to maximize profits. 
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Benner
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(Read the news roundup) 

	- The Box initial public offering was the hotly anticipated offering of 2014. Now it's also the hotly anticipated IPO of 2015. 
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	- The New York Times Magazine had an in-depth story on neuroscientist Sebastian Seung's mission to map the brain's connections: 
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	- Uber could someday face competition from a global alliance of rival taxi-hailing apps: 
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Jonathan Bernstein
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(Read the news roundup) 

	- Julian E. Zelizer at the Monkey Cage on how "even Lyndon Johnson wasn't Lyndon Johnson" -- on presidential power, Congress, Selma and the Great Society: 
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	- Nate Cohn at the Upshot on the invisible primary: 
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	- Jacqueline Gehring writes at the New West about the political consequences of the terrorist attacks in France:
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Europe 

Mark Gilbert:"The euro region is stepping back from the abyss." 
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China 

Adam Minter: "Rare earths aren't the world's sexiest commodity. ... But what they lack in branding, they certainly make up for in utility and ubiquity: They're essential to products as wide-ranging as wind turbines, smartphones, high-tech weapon systems and even your fishing reel." 
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