Book list: The top 25 books of the year (so far) including Every Song Ever: Twenty Ways to Listen in an Age of Musical Plenty by Ben Ratliff. (Esquire)
Quote of the Day
"(T)he simplest explanation as to why so many mutual funds fail to beat an index is because so many stocks fail to beat the index."
(Michael Batnick)
Markets
- How much of lower volatility is being driven by central banks? (ftalphaville.ft.com)
- Short vol is a crowded trade. (thefelderreport.com)
Strategy
- Are you a pundit or a professional? (charliebilello.tumblr.com)
- The next financial crisis will not come from subprime mortgages. (bloomberg.com)
Offers
- The Alexa-enabled Amazon Tap is still $15 off. (amazon.com)
- Sign up for Audible.com and get two free audiobooks including "Deep Work" by Cal Newport. (amazon.com)
Companies
- Demand in the Permian Basin is still strong. (wsj.com)
- Jony Ive is making Apple ($AAPL) fans nervous. (aboveavalon.com)
- Apple ($AAPL) can't get cellular in the Watch yet. (macworld.com)
Finance
Funds
- The ETF Deathwatch stayed steady in August 2016. (investwithanedge.com)
- The up/down ETF model seems finally to be dead. (blogs.barrons.com)
Economy
Earlier on Abnormal Returns
- Podcast links: activist letters. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)