Highlight: An interview with Cullen Roche author of Pragmatic Capitalism: What Every Investor Needs to Know About Money and Finance. (Alpha Architect)
Quote of the Day
"Investors have grown tired of the poor and inconsistent outcomes delivered by actively managed funds, and they want a better alignment between their interests and the interests of their advisors."
(Larry Swedroe)
Markets
- High investor optimism points towards a flat year for the S&P 500. (mebfaber.com)
- Should we be worried about margin debt? (thereformedbroker.com)
- The majority of global stock markets are struggling. (shortsideoflong.com)
Strategy
- Part of your trading plan should be taking responsibility for your plan. (dragonflycap.tumblr.com)
- What do know about investing but can't prove with statistics? (msantoli.tumblr.com)
Companies
- How much is Google ($GOOG) worth? (crossingwallstreet.com)
- Berkshire Hathaway ($BRKB) stockpickers underperformed in 2014. (fortune.com)
Finance
- Why activist investors are here to stay. (bloombergview.com)
- Institutional investors are planning to add to their hedge fund holdings in 2015. (ft.com)
- Citibank ($C) is scaling back its retail banking presence. (reuters.com)
- What we've learned from the Bitcoin experiment. (ftalphaville.ft.com)
Funds
- Good news/bad news when it comes to fund fees. (news.morningstar.com)
- Like named target date funds have surprisingly different risk/return profiles. (nytimes.com)
- Blackrock ($BLK) is trying to invent the real estate ETF with the iShares MSCI Target U.S. Real Estate UCITS ETFC. (wsj.com)
Economy
- Small business optimism is at its highest level since 2006. (bespokeinvest.com)
- Job openings are near a 14-year high. (blogs.wsj.com)
- Will "lowflation" keep the Fed from raising rates? (capitalspectator.com)
- What counties have fully recovered from the Great Recession? (blogs.wsj.com)
- Why the tide may be turning on wages. (bloombergview.com)
- How shale has changed the oil storage equation. (ftalphaville.ft.com)
Earlier on Abnormal Returns
- Startup links: a company willing to take on $AMZN head on. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
