Book review: A few notes on the new edition of Burton Malkiel’s A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing. (CXO Advisory Group)
Quote of the Day
"Understanding yourself and your own tendencies can be much more helpful to the investment process than knowing exactly what’s going on in the markets. You have no control over what’s going to happen in the markets, but you have complete control over your reactions to them."
(Ben Carlson)
Markets
- Crude oil volatility tripled in the past few months. (wsj.com)
- On the dangers of being short bonds in a negative interest rate world. (alexgurevich.tumblr.com)
- High beta stocks are having a tough time of it. (crossingwallstreet.com)
- The ten stocks Wall Street analysts most hate. (marketwatch.com)
Strategy
- How diversification helped investors weather the lost decade for stocks. (theirrelevantinvestor.tumblr.com)
- Mean reversion happens, you just don't know when. (basonasset.com)
- Everything is a forecast, everything. (thefelderreport.com)
- Four reasons to trade spreads. (adamhgrimes.com)
Companies
- Google ($GOOG) is set to invest a $1 billion in SpaceX. (marketwatch.com)
- What role does the iPad have in Apple's ($AAPL) line-up going forward? (aboveavalon.com)
Finance
- Sell-side firms like Fidelity are moving to launch their own dark pool. (bloomberg.com)
- Jeffries Group moved quickly to rescue forex operator FXCM ($FXCM). (wsj.com)
- The big banks are hooking up with high frequency forex traders. (fortune.com)
- Calpers is moving to drive down the cost of private equity investing. (ft.com)
ETFs
Global
- China's growth rate has dropped to multi-decade lows. (ft.com)
- Traders are loading oil onto tankers in the hopes of selling it in the future at higher prices. (wsj.com)
- Negative interest rates are a huge macro experiment. (blogs.wsj.com)
Economy
- All anyone can talk about is the timing of the Fed's first rate hike. (economistsview.typepad.com)
- Trucking volume continues to impress. (calculatedriskblog.com)
- Why some young people are staying put in New York City, Chicago and Los Angeles. (wsj.com)
Earlier on Abnormal Returns
- A discussion on the new look and feel of Abnormal Returns. (abnormalreturns.com)
- Startup links: building something that doesn't exist. (abnormalreturns.com)
- On the value of mindfulness and meditation for traders and investors. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
