Book alert: Andrew Ang’s Asset Management: A Systematic Approach to Factor Investing “represents a comprehensive, clearly written and accessible review of the latest thinking in modern financial theory.” (ETF)
Quote of the Day
"This makes the concept of value a very tricky indicator in a macro sense...So beware the fallacy of composition here – what works at the individual stock level doesn’t necessarily work in the aggregate."
(Cullen Roche)
Chart of the Day
The S&P 500 is at new highs even with the VIX in the mid-teens.
Strategy
- Foreign stocks are not as cheap as you think. (news.morningstar.com)
- The pitfalls of intuitive investing. (awealthofcommonsense.com)
- Putting together industry momentum and valuation together. (alephblog.com)
Trading
- On the use and evolution of an investment checklist. (forbes.com)
- How to honor (and enhance) your creativity. (blogs.cfainstitute.org)
- How the fear of failure makes pulling the trigger on trades difficult. (financetrends.blogspot.com)
- Six secrets of successful bettors. (marketchess.com)
Companies
- What is the Apple ($AAPL) Watch for? (wsj.com)
- What Apple's ($AAPL) interest in autos tells us about their ambition. (aboveavalon.com)
- Why competitors don't need to buy Tesla ($TSLA) to compete. (ftalphaville.ft.com)
- Listening in on the Loews ($L) Q4 2014 conference call. (brooklyninvestor.blogspot.com)
Finance
- Having Drexel on your resume is today a badge of honor. (dealbook.nytimes.com)
- How to tell if a CEO is lying. (institutionalinvestor.com)
Funds
- How to correctly assess value fund performance. (alphaarchitect.com)
- Not all dividend ETFs are created alike. (etf.com)
Global
- Is Greece going to leave the Eurozone? (marginalrevolution.com)
- Why Africa may be on the verge of an Internet boom. (fortune.com)
Economy
- Port slowdowns are beginning to bite the economy. (wsj.com)
- Home builder sentiment dropped in February. (bespokeinvest.com)
- Three ways behavioral economics can inform policy. (papers.ssrn.com)
- Inequality hasn't risen since the onset of the financial crisis. (nytimes.com)
Earlier on Abnormal Returns
- Startup links: disruptive products. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
