Excerpt: From Brunch Is Hell: How to Save the World by Throwing a Dinner Party by Rico Gagliano and Brendan Francis Newnam. (Art of Manliness)
Quote of the Day
"In truth if you need to find a strategy after markets have started falling it’s too late."
(Tim Richards)
Markets
- Price drives market narratives. (awealthofcommonsense.com)
- The market is more normal than it used to be. (peterlazaroff.com)
- There is now finally something to talk about in markets. (theirrelevantinvestor.com)
Strategy
- Stop getting caught up in short-term changes in asset class correlations. (mrzepczynski.blogspot.com)
- There is no guarantee that a well-balanced portfolio can't have a down calendar year. (thereformedbroker.com)
Support
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
- Support this site by grabbing an annual membership to Abnormal Returns. (abnormalreturns.com)
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
Crypto
- Keep up on what a16z has had to say about crypto and blockchain. (a16z.com)
- Some crypto-wealthy are locking in their gains and hiring wealth managers. (techcrunch.com)
- A scad of Bitcoin miners have moved to Washingto state for cheap power. (wsj.com)
- Why we need an 'ethical' Bitcoin. (qz.com)
- How Robinhood came to include crypto into their platform. (bloomberg.com)
Finance
Funds
- Just because a fund is passively managed doesn't mean investors won't trade it. (thereformedbroker.com)
- Don't let a market decline goad you into becoming more active. (evidenceinvestor.co.uk)
Economy
- Why inflation rates are so low. (ritholtz.com)
- Crime rates in America are at historic lows. Good luck convincing Americans of that. (bloomberg.com)
Earlier on Abnormal Returns
- ETF links: a misguided measure. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks this week on the site. (abnormalreturns.com)