Book review: The Options Edge: An Intuitive Approach to Generating Consistent Profits for the Novice to the Experienced Practitioner by Michael C. Khouw and Mark W. Guthner is worth the time. (Reading the Markets)
Quote of the Day
"The only way to build to build a scalable, sustainable and valuable investment advice practice is to demand that your advice is actually adhered to."
(Josh Brown)
Markets
- Why you shouldn't be too worried about a crash at present. (barrons.com)
- What does $50 oil mean for the markets and economy? (dashofinsight.com)
- Some market headwinds that are set to ease. (disciplinedinvesting.blogspot.com)
Strategy
- The word "uncertainty" gets bandied about way too often when discussing the markets. (bloomberg.com)
- Why the concept of the 'equity risk premium' is flawed. (alephblog.com)
- A must-follow list of market-types on Twitter. (thefelderreport.com)
Offers
- Subscribe today to Modern Trader magazine and get four bonus offers including an extra month free. (moderntrader.com)
- Who doesn't like to laugh? Then sign up for a free trial to SEESO 'where the best comedy lives.' (amazon.com)
Companies
- Only 25% of US stock is held in taxable accounts. (taxpolicycenter.org)
- A list of the 25 most important private companies. (fortune.com)
Finance
Funds
- Investors are now experiencing the downside of the MLP CEF boom. (blogs.wsj.com)
- The ETF Deathwatch for May 2016 shows some growth. (investwithanedge.com)
- On the subtlety of CEF valuation. (fmdcapital.com)
Global
Economy
- What CEOs had to say about the economy this week. (next.ft.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Our round-up of book related links from the past (May) month. (abnormalreturns.com)