Quote of the day
David, “Life is short. Move on if you don’t love what you’re doing. But don’t ever leave a great thing just because you want to prove to others or yourself that you’re not a one-hit wonder.” (Signal v. Noise)
Chart of the day
Muni bond investors have little to complain about YTD. (ETF Trends)
Markets
What to do when market movements seem contradictory. (A Dash of Insight)
Why meat prices are skyrocketing. (The Atlantic)
Strategy
There is no free lunch in dividend funds. (MoneyBeat)
What the hedge fund industry is all about: fees. (Matt Levine)
Your quant model should take into account corporate actions, like takeovers. (Stone Street Advisors)
Companies
Expect the news flow from Apple ($AAPL) to pick up the pace. (Business Insider, FT)
Venture capital
Has angel investing gotten too crowded? (Points and Figures)
Why so much attention is being paid to digital health. (A VC)
Investors are anxious for Palantir Technologies to go public. (NYTimes)
Funds
Why you should fees as a starting point when picking funds. (NYTimes)
State Street ($STT) is teaming up with Jeffrey Gundlach to launch the actively traded SPDR DoubleLine Total Return Tactical ETF. (Bloomberg)
Commodities
Not all commodities are created alike. (Econbrowser)
Why generic commodity portfolio exposure doesn’t make sense. (SSRN via @quantivity)
Why does Puerto Rico still burn crude oil to generate electricity? (Daniel Gross)
Economy
Rail traffic once again hits a new high. (Pragmatic Capitalism)
On the return of the HELOC. (WSJ)
A look back at the economic week that was. ( , Big Picture)
The economic schedule for the coming week. (Calculated Risk, Turnkey Analyst)
Earlier on Abnormal Returns
The myth of the media diet: an excerpt from Joshua M. Brown and Jeff Macke’s Clash of the Financial Pundits: How the Media Influences Your Investment Decisions for Better or Worse. (Abnormal Returns)
Top clicks this week on the site. (Abnormal Returns)
What you may have missed in our Saturday linkfest. (Abnormal Returns)
Mixed media
Tony Schwartz and Christine Porath, “For most of us, in short, work is a depleting, dispiriting experience, and in some obvious ways, it’s getting worse.” (NYTimes)
A work hack that can save you big chunks of time. (Inc.)
On the economics of being an Uber driver. (Felix Salmon)
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