Book review: What you will (and won’t) learn about investing in Ben Carlson’s A Wealth of Common Sense. (Alpha Architect)
Quote of the Day
"There are many ways to achieve, but I know of none that does not involve a willingness to tolerate discomfort."
(Brett Steenbarger)
Markets
- Why China's attempt to prop up its stock market is ultimately doomed. (wsj.com)
- This quarter will be a tough one for earnings. (dashofinsight.com)
No-bonds portfolios
- Bonds can no longer "do it all" for your portfolio. (online.barrons.com)
- Why you need a new approach to bonds. (sl-advisors.com)
- Bonds are going to be more volatile going forward. (ft.com)
Companies
- The death of the PC has not been exaggerated. (wired.com)
- Car owners now need to worry about their phone's compatibility. (macworld.com)
- Soundcloud wants to become the Facebook ($FB) of music. (bloomberg.com)
ETFs
- Market volatility has created some juicy discounts in CEFs. (fmdcapital.com)
- One reason why total market index funds make sense. (alephblog.com)
Greece
- "Debt forgiveness and real depreciation" will happen. (econbrowser.com)
- Why Grexit is still inevitable. (marginalrevolution.com)
- The case for Grexit. (marketwatch.com)
Economy
- What CEOs had to say about the economy this week. (skrisiloff.tumblr.com)
- Five charts from the busy economic week. (blogs.wsj.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- Celebrating ten years of Eddy Elfenbein's Crossing Wall Street blog. (abnormalreturns.com)
- What you might have missed in our Saturday linkfest. (abnormalreturns.com)