Book review: A look at Peter Diamandis and Steven Kotler’s Bold: How to go big, create wealth and impact the world. (FT)
Quote of the Day
"As Warren Buffett was a student of Benjamin Graham, today we are all students of Warren Buffett."
(Seth Klarman)
Portfolio managment
- The case for REITs. (charlessizemore.tumblr.com)
- Diversified portfolios don't require alternative assets. (servowealth.com)
- How fees affect your diversification decisions. (ai-cio.com)
Valuation
- Where in the world to look for cheap stocks. (alphaarchitect.com)
- Buy cheap countries with positive GDP surprises. (gmo.com)
Trading
- Why you need to find your own unique style in the markets. (thefelderreport.com)
- Five types that deserve to lose their money in the stock market. (bclund.tumblr.com)
Apple
- Why is Apple ($AAPL) raising debt when it has a big pile of cash? (aboveavalon.com)
- Apple ($AAPL) has stayed true to its mission, that it what is so remarkable about its success. (daringfireball.net)
- Apple ($AAPL) is talking about building its own web TV service. (recode.net)
- HealthKit is finding traction with hospitals on a test basis. (reuters.com)
- Twitter ($TWTR) reaches us a deal with Google ($GOOG) to show tweets in search results. (bloomberg.com)
- Twitter ($TWTR) is at-risk of becoming an increasingly niche social network. (wired.com)
Finance
- Endowments are now pulling back from alternative assets. (ft.com)
- Staples ($SPLS) and Office Depot ($ODP) to merge: Starboard Value is on a roll. (dealbook.nytimes.com)
The Pits
- The CME ($CME) is shutting down most of its Chicago and New York-based trading pits. (wsj.com)
- The end of the trading floor was inevitable. (cpirrong.tumblr.com)
- The inherent energy of the trading pits never migrated anywhere else. (pointsandfigures.com)
ETFs
- Fidelity is adding a REIT fund to its lineup. (etftrends.com)
- American Funds is now cleared to launch their own ETFs. (investmentnews.com)
Global
Economy
Earlier on Abnormal Returns
- Longform links: an inside look at the Sony ($SNE) hacking scandal. (abnormalreturns.com)
- What you may have missed in our Thursday linkfest. (abnormalreturns.com)
