Thursday links: mitigating emotional impulses

Quote of the day

Mark Dow, “Individual investors would add more value to their own portfolios if focused on building an investment approach that mitigated emotional impulses.”  (Behavioral Macro)

Chart of the day

EFAILF 1212 488x420 Thursday links: mitigating emotional impulses

Developed markets are beginning to outperform Latin America.  (All Star Charts)

Markets

The “wall of worry” keeps rising.  (Pragmatic Capitalism)

The NAAIM survey shows managers as being overly bullish.  (NAAIM via @capitalobserver)

The Fed is not a day trader.  (The Reformed Broker)

How much longer can small caps continue to beat large caps?  (research puzzle pix)

Skill vs. luck

Skill is rare in bond managers.  (Total Return)

You can never shake the effects of luck from investing results.  (Enterprising Investor)

Strategy

Adam Grimes, “Even in this day of algorithmic trading, nothing truly essential has changed.”  (Adam Grimes)

Some smart manager are eschewing bonds altogether.  (David Snowball)

Why you should think of restricted stock as cash.  (Wealthfront)

Companies

The biggest risk for Apple ($AAPL): lower profit margins.  (SAI)

Jared Woodard on what the Apple VIX saying.  (Phil Pearlman)

Google ($GOOG) Maps is back on iOS.  (WSJ, Pogue, The Verge)

Here’s why Sprint ($S) wants to buy the rest of Clearwire ($CLWR).  (GigaOM)

Finance

Why are institutional investors willing to keep their money in a scandal-tinged hedge fund?  (Dealbook)

What does it take to start a hedge fund these days?  (Clusterstock)

Another ETF sponsor, FlexShares, is self-indexing.  (IndexUniverse)

The increasingly bright future of peer-to-peer lending.  (Fortune)

Crowdfunding rules are in limbo.  (WSJ)

Global

Being short French bonds has been a losing proposition.  (Reuters)

Betting no Mark Carney to make some big changes at the Bank of England.  (Gavyn Davies)

Economy

More reactions to the Fed’s surprise move to change monetary policy goals.  (Tim Duy, RTE, Free exchange, Econbrowser, Daniel Gross, Bonddad Blog)

When will the unemployment rate reach 6.5%?  (Avondale Asset, Sober Look)

Who you shouldn’t listen to when it comes to the fiscal cliff.  (A Dash of Insight)

Some good economic numbers post-Sandy.  (Capital Spectator)

Will housing inventory bottom in 2013?  (Calculated Risk)

The demographic bind facing America.  (Economist, Free exchange)

Farmers are reacting to higher land prices by selling.  (WSJ)

Mixed media

Which minor league stats help predict future MLB success.  (Wired)

When meteotsunamis strike from out of the blue.  (LiveScience)

Paper towels crush air dryers where it counts.  (Conversable Economist)

Why afternoon may be the best time to exercise.  (Well)

Thanks for checking in with Abnormal Returns. You can follow us on StockTwits and Twitter.

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