Tuesday links: first trade follies

Quote of the day

Brian Lund, “The worst thing that can happen to any new participant in the market is for them to make a shitload of money on their first trade.”  (bclund)

Chart of the day

fbbd63d7d65b00fae9bd86909855af71 Tuesday links:  first trade follies

EWZS data by YCharts

Looking for a laggard? Check out Brazil.  (All Star Charts)

Markets

If you sell stocks where are you going to park the proceeds?  (The Reformed Broker)

Low real interest rates have historically led to poor equity returns.  (Buttonwood)

Stocks for the long run does not always work out.  (Long Short)

Bonds

The corporate credit markets are in some unexplored territory.  (Money Game)

Jack Ablin, “Corporate bond investors are mathematically challenged by low interest rates.”  (FT)

Has the junk bond market finally turned?  (Barron’s)

One of these days value will return to the distressed debt market.  (Distressed Debt Investing)

Strategy

Some notes from the Columbia Investment Management Conference.  (Market Folly)

Where do the returns from low vol come from?  (Falkenblog)

Companies

Why analyzing Apple ($AAPL) is so difficult.  (Vitaliy Katsenelson)

Public investors won’t have Dell ($DELL) to kick around any more.  (Dealbook, Term Sheet, Quartz)

What now for Dell?  (SAI, Felix Salmon)

Why Facebook ($FB) is overvalued.  (Fortune)

A deep dive into Herbalife ($HLF) sales.  (Dealbook)

Finance

Should S&P be on the hook for the financial crisis?  (Kid Dynamite, Dealbreaker)

Why you should be suspicious of management-led buyouts.  (Dealbook)

Did decimalization kill the small cap sector?  (NetNet)

$1 billion startups are no longer an anomaly.  (NYTimes)

Russia hires Goldman Sachs ($GS) to boost its image.  (Bloomberg)

Hedge funds

Investors are fed up with anemic hedge fund returns.  (II Alpha)

Bridgewater Associates is launching a new fund.  (WSJ)

A periodic table of hedge fund returns.  (aiCIO)

Funds

Money market fund managers have too much cash and too few places to invest.  (WSJ)

Is there a Morningstar Fund Manager of the Year curse?  (Morningstar)

Fidelity’s target date funds are not all that.  (NYTimes)

A look at ETF securities lending math.  (IndexUniverse)

Investors can’t get enough leveraged loan funds.  (Income Investing)

Economy

The ISM non-manufacturing index shows expansion in January.  (Calculated Risk, RTE)

This measure of home prices is accelerating.  (Calculated Risk, Modeled Behavior)

Average household size is still on the rise.  (Quartz)

Mixed media

Why a dose of narcissism can be useful.  (Scientific American)

Ten things Apple should include in iOS 7.  (Paste)

On the dangers of Netflix binging.  (Atlantic Wire)

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
  • Tadas ViskantaAbnormal Returns has over its seven-year life become a fixture in the financial blogosphere. Over thousands of posts we have striven to bring the best of the financial blogosphere to readers. In that time the idea of a “forecast-free investment blog” remains as useful as it did six years ago. More »

  • StockTwits Follow Abnormal Returns on StockTwits Follow Abnormal Returns on Twitter Follow StockTwits on Facebook Subscribe to Abnormal Returns RSS via Email Subscribe to Abnormal Returns RSS
  • Recent Posts

  • Archives

  • Join StockTwits
  • Get Updates!

    100% Privacy. We don't spam.