Monday links: weak hands syndrome

Quote of the day

Jeff Carter, “If you aren’t totally passionate about it you will quit when the going gets rough. I guarantee that the going will get really rough. Businesses and markets have a way of chasing the weak hands out.”  (Points and Figures)

Chart of the day

REM 1012 624x303 Monday links: weak hands syndrome

The decline in mortgage REITs is accelerating.  (Focus on Funds)

Markets

High yield bond fund inflows foreshadow trouble down the road.  (Covestor)

The silver/gold ratio and the prospects of deflation.  (Market Anthropology)

Why is the $VIX futures curve so steep?  (VIX and More)

Strategy

The best investors aren’t doing it to ‘show off.’  (The Reformed Broker)

There’s more than one way to invest.  (Random Roger)

Why financial advisers lie.  (Rick Ferri)

Multimedia

Bruce Berkowitz talks with Consuelo Mack about his favorite stocks.  (Wealthtrack)

An interview with Foliofn CEO Steve Wallman.  (Tradestreaming)

Nate Silver’s The Signal and the Noise: Why So Many Predictions Fail but Some Don’t is filled with more signal than noise.  (Tim Harford)

How Roger Babson became a financial rock star after the 1929 stock market crash.  (The Memory Palace)

Companies

Why isn’t Sprint ($S) higher today on the Softbank deal?  (Kid Dynamite, Deal Journal)

Why Amazon ($AMZN) may be interested in Texas Instruments’ ($TXN) mobile chip business.  (GigaOM)

Hedge funds

Even veteran hedge funds like Caxton Associates are cutting their fees.  (WSJ)

When you sell your hedge fund company be careful the currency you take back.  (FT)

Finance

California’s credit spreads have come way in, but risks remain.  (Sober Look)

A fit financial system would be one in which bank failures are a ‘routine occurrence.’  (Interfluidity)

ETFs

What ETF premiums say about future returns.  (SSRN)

Unnecessary complexity thy name is the proposed First Trust High Yield Long/Short ETF.  (IndexUniverse)

Global

Would central banks ever cancel the government debt they hold?  (Gavyn Davies, Buttonwood’s notebook)

Where is all the money that is going into the Nordic countries going?  (FT)

Economy

Retail sales saw a big jump in September.  (Calculated Risk, Money Game, Capital Spectator)

US home inventories continue to shrink.  (Sober Look)

Consumers are ignoring the fiscal cliff.  (Wonkblog)

The US is missing the boat when it comes to entrepreneurial immigration.  (Economist)

Theoretical economics

Two Americans win the Nobel Prize in Economics for matching theory. (WSJ, Digitopoly, Freakonomics, Marginal Revolution, Planet Money)

Just how far the economics profession has come math-wise.  (QZ)

Earlier on Abnormal Returns

What you missed in our Monday morning linkfest.  (Abnormal Returns)

Music

Microsoft ($MSFT) looks to take on Pandora ($P) and Spotify in streaming music.  (Bloomberg, Eric Savitz)

Bob Pittman looking to revitalize radio and Clear Channel Communications.  (WSJ)

Mixed media

Somali pirates are in retreat.  (Quartz)

The details on Felix Baumgartner’s supersonic jump.  (Scientific American)

Abnormal Returns is a founding member of the StockTwits Blog Network.

Abnormal Returns is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. If you click on my Amazon.com links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus