Wednesday links: velocity is not your forte

If you haven’t done it already think about signing up for our daily e-mail, thousands of other Abnormal Returns readers already have.

Quote of the day

Ivan Hoff, “The world is going faster. A lot faster. Does that mean that you have to become faster in order to survive and prosper. No! Velocity is not your forte in a world driven by high frequency algorithms that make several thousand trades in a second.”  (Ivanhoff Capital)

Chart of the day

AOLNFLX 0513 624x370 Wednesday links:  velocity is not your forte

The broadband era illustrated.  (SplatF)


What if the markets were undervalued…  (Howard Lindzon)

Where’s all the Dow 15,000 exuberance?  (Big Picture also Wonkblog)

Most investors have missed the move from 10,000 to 15,000.  (A Dash of Insight)

How dangerous are Treasury bonds?  (LearnBonds)

What should we call ‘junk bonds‘ now that they yield less than 5.0%?  (FT Alphaville)


What it’s like to be an ‘eclectic opportunist‘ investor.  (Howard Lindzon)

Forecasts are not analysis, they are predictions.  (Big Picture)

Money chases performance, not value.  (The Reformed Broker)


The current retirement system is not working according to Larry Fink.  (Fortune)

Charlie Ellis on how much your money manager is costing you.  (CNNMoney)

Cash hoarders

Why Apple ($AAPL) borrowed money instead of repatriating cash.  (FT)

Samsung has a cash problem: too much of it.  (WSJ)

Add Qualcomm ($QCOM) to the list of cash hoarders.  (Peridot Capitalist)

Hedge funds

Debt-focused hedge funds are “expanding rapidly.”  (Bloomberg)

Equity long/short are having a good year.  (FINalternatives)

Commodity hedge funds are bleeding cash.  (FT)

Last year’s Ira Sohn Conference picks have been a mixed bag.  (FT)


Kleiner Perkins is no longer the top of the pack.  (Dealbook)

Institutional investors need to start exercising their power.  (Institutional Investor)

Real estate

Freddie Mac is killing it.  (Reuters)

Institutional investors are upping their real estate risk.  (WSJ)

How bonds backed by subprime mortgages became worth so much.  (HedgeWorld)


ETFs continue to work their way into institutional portfolios.  (FT)

The ETF Deathwatch for May 2013.  (Invest with an Edge)

Don’t sell in May: rotate.  (allETF)


Analysts are raising Japanese earnings estimates.  (Sober Look)

German industrial production is coming back. (Quartz)

In search of a good Canadian real estate short opportunity.  (WSJ)

60% of Chinese millionaires want to emigrate.  (Quartz)

Why Europe is doomed.  (Felix Salmon)

Inflation is falling around the world.  (FT Alphaville)


The US economy is steadily improving.  (Tim Duy)

Does temp employment forecast jobs growth?  (Calculated Risk)

Homebuilder stocks are back to 2007 levels.  (Carpe Diem)

Earlier on Abnormal Returns

Hardened world views often lead to poor investing outcomes.  (Abnormal Returns)

Finance blogging is not for the faint of heart.  (Abnormal Returns)

The New Economy

On the state of the “sharing economy.”  (The Atlantic)

Is Bitcoin now becoming legit?  (Howard Lindzon)

Finance media

Cullen Roche on why he blogs.  (Pieria)

CNBC’s ratings are at decade lows. How to fix it.  (Zero Hedge, Adam Warner)

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 If you click on my 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.