What you can learn about creativity from John Cleese’s memoir So, Anyway…. (Jeff Matthews)
Quote of the Day
"Asset-class picking, in other words, is the new stock picking."
(Noah Smith)
Markets
- Some year-end financial market awards including "comeback player of the year." (awealthofcommonsense.com)
- 14 meaningless statements that market pundits make. (businessinsider.com)
Strategy
- Avoid complex investments. (vanguardblog.com)
- The case against socially responsible investing. (bankers-anonymous.com)
- Why you should think about changing your trading style...now. (mikebellafiore.tumblr.com)
Companies
- Shake Shack is going public. (wsj.com)
- Another private company, Instacart, joins the billion dollar club. (recode.net)
- FedEx ($FDX) and UPS ($UPS) made it through the holiday okay. (wsj.com)
Finance
- Activists are focusing on new spin-offs. (wsj.com)
- Investors are struggling to get into private equity funds. (wsj.com)
ETFs
- The no-good, awful year the MainStay Marketfield fund has had in 2014. (wsj.com)
- Investors are pouring money into ETFs at a record pace. (blogs.wsj.com)
- ProShares is shuttering 11 ETPs. (blogs.barrons.com)
- 14 funds that died in 2014. (marketwatch.com)
Global
- Speculation (and leverage) are ramping up on the Shanghai exchange. (dealbook.nytimes.com)
- The case for European stocks. (thereformedbroker.com)
Economy
- What are the big economic unknowns for 2015? (marginalrevolution.com)
- Housing prices continued to rise through October. (calculatedriskblog.com)
- Will real wages increase in 2015? (calculatedriskblog.com)
- Rail traffic points towards continued growth. (valueplays.net)
Earlier on Abnormal Returns
- Startup links: Silicon Valley as the new Hollywood. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
