Quote of the day

Suzanne McGee, “Turn off the television. Put down the remote control. Back away from the streaming CNBC content. Turn off the noise.”  (The Guardian)

Chart of the day


Where’d all the bears go?  (Bespoke)


It’s taken some effort but retail investors are jumping back in.  (The Reformed Broker)

What indices are at new highs?  (Big Picture)

What do you really get with an IPO ETF?  (IndexUniverse earlier Abnormal Returns)


Welcome back to the “age of bullsh*t investments.”  (NYMag)

Economic moats are only worthwhile at the right price.  (Turnkey Analyst)

The problem with managed futures isn’t what you think it is.  (FT Alphaville)

Many investors are still underdiversified.  (Capital Spectator)


The SEC inches toward true crowdfunding rules.  (Washington Post, Term Sheet)

Pinterest has raised $563 million in capital.  (Pando Daily)


Sometimes mutual funds are better deals than similar ETFs.  (IndexUniverse)

Is Fidelity too late to the ETF game?  (InvestmentNews also Focus on FundsETF Trends)

Ten ETF launches to look for.  (IndexUniverse)

How well do you know ETFs?  (Rick Ferri)


On the part-time employment story.  (A Dash of Insight)

Why do some people cling to the idea of economic apocalypse?  (FT Alphaville)

Should the government favor index funds?  (NetNet)

Earlier on Abnormal Returns

What you may have missed in our Wednesday linkfest.  (Abnormal Returns)

Mixed media

Don’t let some one else define what success means.  (37signals)

Ten things learned from Brad Stone’s The Everything Store: Jeff Bezos and the Age of Amazon.  (Farnam Street)

Got three minutes? Don’t check your phone. Do this instead.  (Time Back via @allanschoenberg)

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

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.