Book notes: A closer look at Simple Rules: How to Thrive in a Complex World by Donald Sull and Kathleen M. Eisenhardt. (Reading the Markets)
Quote of the Day
"What investors say they'll do and what they'll actually do are two different things. (Everyone is a long-term investor when the market's going up, but we find out who really means it when the market falls.)"
(Todd Wenning)
Markets
- Don't look now but Russian stocks are breaking out. (allstarcharts.tumblr.com)
- Why emerging market equities have been listless for years: weak earnings. (shortsideoflong.com)
- Why the Chinese stock market rally is important. (marketanthropology.tumblr.com)
- Why punk profits are not all that surprising. (thefatpitch.tumblr.com)
Strategy
- Why you should invest with managers who eat their own cooking. (news.morningstar.com)
- How to use a dual momentum strategy. (quant-investing.com)
- Writing out-of-the-money puts works as a strategy until it doesn't. (etf.com)
- Liquidity is a slippery concept. (thereformedbroker.com)
- What to do when market conditions are not conducive to your style. (adamhgrimes.com)
Companies
- Apple ($AAPL) Watch pricing. (asymco.com)
- Could Periscope help fix Twitter's ($TWTR) biggest problem? (qz.com)
- On the fast rise and quick fall of Meerkat. (bgr.com)
Finance
- Wall Street is fighting to work its way into Silicon Valley's biggest startups. (nytimes.com)
- How Jeff Macke would fix Yahoo Finance. (forbes.com)
- Bond investors are getting increasingly nervous about Chicago. (wsj.com)
Funds
- The April edition of The Mutual Fund Observer is out. (mutualfundobserver.com)
- ETF talent is in short supply. (ft.com)
- Writing out-of-the-money puts works as a strategy until it doesn't. (etf.com)
Economy
- Weekly initial unemployment claims remain well below 300k. (calculatedriskblog.com)
- McDonald's ($MCD) is raising wages for its line workers. (wsj.com)
- Ben Bernanke, econblogger extraordinaire. (bloomberg.com)
- What Ben Bernanke and Larry Summers are arguing about: secular stagnation. (vox.com)
Earlier on Abnormal Returns
- Longform links: an oral history of Drexel Burnham Lambert. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in March 2015. (abnormalreturns.com)
- Part one of our Q&A with Carl Richards author of "The One-Page Financial Plan." (abnormalreturns.com)
- Part two of our Q&A with Carl Richards author of "The One-Page Financial Plan." (abnormalreturns.com)
- Part three of our Q&A with Carl Richards author of "The One-Page Financial Plan." (abnormalreturns.com)
