Ten great lines from Fred Schwed’s Where Are the Customers’ Yachts: or A Good Hard Look at Wall Street. (A Wealth of Common Sense)
Quote of the Day
"Fear, disgust, hatred, and outrage toward a business is good for shareholders. "
(Morgan Housel)
Chart of the Day
Bottoms-up earnings estimates continue to fall.
Strategy
- Getting rich from the stock market is going to be difficult from today's valuation levels. (philosophicaleconomics.com)
- Why developing trading rituals matter. (traderfeed.blogspot.com)
Companies
- Apple ($AAPL) Pay continues to gain adherents. (washingtonpost.com)
- Why the New York Times ($NYT) could be worth more than commonly thought. (mondaynote.com)
- You work on Twitter ($TWTR) stays on Twitter. (theatlantic.com)
Global
- A day of reckoning for emerging market corporate bonds is nearing. (ft.com)
- Signs of inflation in Japan. (blogs.wsj.com)
Energy
Earlier on Abnormal Returns
- Research links: activist wolf packs. (abnormalreturns.com)
- Make sure you read and download Credit Suisse's latest global investment yearbook. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
