Thursday links: identified in advance

Quote of the day

Buttonwood, “Many hedge fund managers are smart, and some managers may be a lot smarter than the average investor. The difficulty is in identifying those investors in advance.”  (Buttonwood’s notebook)

Chart of the day

98488b5b8f33c8eb45cc4829406920a1 Thursday links:  identified in advance

PG data by YCharts

Bill Ackman has reportedly targeted Procter & Gamble ($PG).  (WSJ)

Markets

A tough start to the earning season.  (Bespoke)

The new high list is filled with all sorts of debt-related instruments.  (Aleph Blog)

Why are Wall Street strategists so bearish?  (Nancy Miller)

The valuation case for megacaps.  (Horan Capital)

Strategy

How personal biases can (negatively) affect trading performance.  (Ivanhoff Capital)

Why is trading so hard?  (Adam Grimes)

George Soros’ best investment advice.  (Market Folly)

Companies

Amazon ($AMZN) is going to kill your local retailer with same-day delivery.  (Slate)

Caesar’s Entertainment ($CZR) has broken its IPO price.  (Deal Journal)

Who wants to invest in Phil Falcone’s new company?  (Dealbreaker)

Finance

The story is starting to come out about Peregrine Financial, its CEO and its auditor.  (WSJ, FT, Reuters)

How cities and states lost (or not) on Libor.  (Term Sheet, Huffington Post, Dealbreaker)

Not all municipal bankruptcies are created equal.  (Businessweek)

Why the Libor scandal matters.  (The Reformed Broker also FT Alphaville)

Private equity

Private equity firms continue to borrow to pay dividends.  (Bloomberg)

Private equity firms are beginning to act like the big businesses they are.  (Dealbook)

ETFs

Mutual funds are loathe to show ETF holdings on their balance sheets.  (Ari Weinberg)

Doubleline Capital continues to rake in capital.  (InvestmentNews)

The seven unique risks of ETNs.  (Rick Ferri)

What small caps are dominated by ETFs?  (Focus on Funds)

Why the grain ETPs have lagged spot prices.  (IndexUniverse)

Global

China as a post-capital economy.  (FT Alphaville)

The Brazilian economy is stuck in neutral.  (beyondbrics)

How new production methods are changing the global oil picture.  (Econbrowser)

Economy

Weekly initial unemployment claims drop.  (Calculated Risk, Capital Spectator, Bespoke)

Joe Weisenthal interviews Paul Krugman about his new book, End This Depression Now!  (Business Insider, ibid)

Why the Fed might be looking for some new policy tools.  (WSJ, Economist’s View)

A simple explanation why the Fed is on hold.  (Daniel Gross)

Large companies have sat out the hiring recovery.  (Invictus)

What temp employment means for future employment reports.  (Value Plays)

Earlier on Abnormal Returns

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

Mixed media

NBA players will now be forced to save for retirement.  (Bloomberg)

Will blogs replace newsletters for wealth managers?  (Nerd’s Eye View)

Why we need to mix up our work routines to become more productive.  (Time)

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