Book review: “Paul Kalanithi’s book When Breath Becomes Air is one of the best books I’ve ever read.” (Brad Feld)
Quote of the Day
"Emotions make passive investing all but impossible for most folks. In bull markets, greed makes people ditch broad tracker funds for hotshot sector funds. When volatility hits, fear triggers fight- or-flight instincts, and flight usually wins."
(Ken Fisher)
Markets
- Beware early in the year gold rallies. (bloomberg.com)
- Behold! A positive stock market divergence. (thereformedbroker.com)
Strategy
- Holding even a high performing stock through thick and thin isn't easy. (fool.com)
- There are a lot of ways to get cheated in the investment world. (alephblog.com)
- Why investors should stop focusing on future unknowns and worry about the here and now. (bloombergview.com)
- Why investors get caught up in selling cascades. (bloombergview.com)
Offers
- Sign up for Amazon Prime and get a streaming music service as well. (amazon.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. This special subscription offer includes free classic investment book! (moderntrader.com)
Companies
- You think the energy sector is bad then check out the mining sector. (bloomberg.com)
- Kroger ($KR) is on a bit of a spending spree. (bloomberg.com)
Finance
- Putting a value on loans is a tough task. (wsj.com)
- Visa ($V) bought a 10% stake in Square ($SQ). (latimes.com)
Amazon
- The Kindle Paperwhite e-reader is currently $20 off. (amazon.com)
- The uber-popular Amazon Fire 7" is still only $39.99. (amzn.to)
Funds
- Have passive investments passed the tipping point? (evidenceinvestor.co.uk)
- Are ETFs made up of CEFs worth owning? (fmdcapital.com)
Economy
- Retail sales were solid in January. (calculatedriskblog.com)
- The Fed is still not embracing the market's desire to pushback. (economistsview.typepad.com)
- The Philly Fed ADS index does not point toward a recession. (capitalspectator.com)
Earlier on Abnormal Returns
- Podcast links: exploding pay. (abnormalreturns.com)
- What you may have missed in our Thursday linkfest. (abnormalreturns.com)
- Cutting yourself some slack as an investor. (abnormalreturns.com)
- The 2016 Credit Suisse Global Investment Yearbook is out! (abnormalreturns.com)
- A new Essential Listening is up with episodes on investment complexity, why Uber should IPO and giving constructive feedback. (blogs.cfainstitute.org)
- I recently appeared on a couple of podcasts. You can check out the "5 Good Questions" and "Going Deep with Aaron Watson" episodes here. (abnormalreturns.com)
