Book review: Carl Richard’s The One-Page Financial Plan does a “great job” describing how money decisions affect our lives. (A Wealth of Common Sense)
Quote of the Day
"Accept that every time you invest, you take a risk with your money. Do all you can to minimize those risks. Work through the alternatives. Spread your wealth around. Look for antifragile opportunities. And banish the word ‘guaranteed’ from your mind."
(The Investor)
Strategy
- 100-year stock charts are largely worthless. (pragcap.com)
- A historical look at a 50/50 equity/bond portfolio. (awealthofcommonsense.com)
Companies
- GM ($GM) is betting big on a revival of the Cadillac brand. (nytimes.com)
- Will investors embrace Etsy's ($ETSY) dual mandate? (bloomberg.com)
- Comparing the Apple ($AAPL) Watch and Disney ($DIS) MagicBand. (medium.com)
- Uber has some significant political clout. (slate.com)
Data security
- Data breaches have not yet become major factors for company stock. (hbr.org)
- Why software should be built with security in mind from the get-go. (slate.com)
Finance
- Corporate pension funds continue to pour money into bonds. (blogs.wsj.com)
- Ten tips on how to stay relevant on Wall Street as you age. (convergex.tumblr.com)
Funds
- Is Morningstar ($MORN) losing relevance in a index-led world? (thefinancebuff.com)
- The story behind the huge launch of the iShares Exponential Technologies ETF ($XT). (etf.com)
- An institutional approach to ETF trading. (etfdb.com)
Economy
- The March NFP number was a disappointment. (calculatedriskblog.com)
- A deeper dive into the NFP report. (fivethirtyeight.com)
- What is the equilibrium real Fed Funds rate? (blogs.ft.com)
- Did the JOBS Act do anything for employment? (wsj.com)
- Tracking some changes in the US economy. (bloombergview.com)
Earlier on Abnormal Returns
- Podcast links: winning the loser's game. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in March 2015. (abnormalreturns.com)
- What you may have missed in our Thursday linkfest. (abnormalreturns.com)
