On July 1, SEC filings presented a gift to business tweeters everywhere: a prospectus for the first-ever Bitcoin ETF, to be launched by none other than Cameron and Tyler Winklevoss of Facebook fame.
In midmonth, Federal Reserve Chairman Ben Bernanke testified before a congressional committee that the Fed planned to be flexible on tapering off its bond purchases. And by the end of the month, the Twitteratti were speculating on Bernanke’s replacement.
Meanwhile, PIMCO's Bill Gross talked Twinkies, and a few of ThinkAdvisor’s top influencers got into an exchange about how a Google Images copyright case went terribly wrong.
Here are the 10 best finance tweets of the month:
On the economy, practice management and investing:
Gross: #Twinkies are back on Monday & bonds are too - with a longer shelf life than last April. Stock 5-10 yr. maturities in your pantry.— PIMCO (@PIMCO) July 14, 2013
"Just as too much junk food can lead to obesity, too much information can lead to stupidity." http://t.co/RwsozyCAmn— Shane Parrish (@farnamstreet) July 9, 2013
"if you don’t know what is going to happen, don’t structure your portfolio as though you do!"—James Montier http://t.co/8RdKrM2lhD— Matthew B (@boes_) July 22, 2013
If you do exit the euro, make sure to get your hand stamped for re-entry. Learned this at EPCOT.— Downtown Josh Brown (@ReformedBroker) July 2, 2013
On the Winklevoss brothers' filing of a Bitcoin trust:
"Winklevii and Bitcoin! Of course!" -Satan http://t.co/kQD4ZreRVF— Heidi N. Moore (@moorehn) July 1, 2013
Three stupid words that sound even stupider when strung together: Winklevoss Bitcoin Trust. http://t.co/qI0ZzGOYyY— Justin Wolfers (@justinwolfers) July 1, 2013
On Bernanke's Fed tapering testimony and Bernanke replacement talk:
#Bernanke claiming that the U.S. economy needs highly accommodative monetary policy is like a bartender saying a drunk needs more alcohol.— Peter Schiff (@PeterSchiff) July 10, 2013
— Jim Rickards (@JamesGRickards) July 17, 2013
Why is the lack of policy differences between Summers and Yellen part of the case for Summers? This is how we get back to sexism.— Matt Yglesias (@mattyglesias) July 31, 2013
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