Book review: Marc Lichtenfeld’s Get Rich with Dividends: A Proven System for Earning Double-Digit Returns is “definitely worth a read.” (Reading the Markets)
Quote of the Day
"Successful investing isn’t about finding evidence that you’re brilliant. When you buy a stock it’s already safe to assume you understand the bullish case. As Ray Dalio and other money makers know, successful investing over the long-term requires challenging your existing beliefs in a tangible way."
(Jeff Macke)
Markets
- How the biotech boom compares the dotcom boom? (theirrelevantinvestor.tumblr.com)
- Old age doesn't kill bull markets. (blog.yardeni.com)
Strategy
- Are there any easy ways to buy small, high quality companies? (marketwatch.com)
- The danger in high dividend stocks. (alphaarchitect.com)
Pre-IPO investing
- Private companies actually want and/or need capital. Why shouldn't managers invest there? (bloombergview.com)
- Why mutual funds love to buy shares in pre-IPO companies. (thereformedbroker.com)
Companies
- A look at the Markel ($MKL) 2014 annual report. (brooklyninvestor.blogspot.com)
- The case for railcar manufacturer Trinity Industries ($TRN). (deadcompanieswalking.tumblr.com)
- Why Starbucks ($SBUX) is so active in social issues. (bloombergview.com)
- Apple ($AAPL) TV is a sleeping giant. (wired.com)
Finance
- New bank formation has pretty much ground to a halt. (cbsnews.com)
- Chicago's futures pits used to be a track for upward mobility. (nytimes.com)
ETFs
- What happens when Vanguard owns (almost) everything? (news.morningstar.com)
- Complexity and costs: two portfolio killers. (ft.com)
- Speaking of high costs, the downside of managed futures mutual funds. (news.morningstar.com)
Economy
- Chemical activity points towards continued economic growth. (valueplays.net)
- A survey of where the Fed Funds rate will be in three years. (economicmusings.com)
Earlier on Abnormal Returns
- Startup links: the first money in. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
