Book review: Carl Richards’ The One-Page Financial Plan: A Simple Way to Be Smart About Your Money helps those overwhelmed by financial planning. (Tim Maurer)
Quote of the Day
"But you squander your greatest advantage as an investor if you try to win a high-speed race that even most professionals lose."
(Jason Zweig)
Strategy
- How to invest in a low-return environment. (awealthofcommonsense.com)
- Think about your investment expenses in dollars not percentages. (wsj.com)
- The many ways in which investment related-fees are hidden. (pragcap.com)
Companies
- GE ($GE) is getting rid of the bulk of its financial unit. (bloomberg.com)
- Are activist investors hurting corporate R&D? (nytimes.com)
- Activist investors are not good for bondholders. (247wallst.com)
Finance
- A look at Etsy's ($ETSY) artisanal IPO. (wsj.com)
- Institutional investors are increasingly interested in platforms to directly invest in various asset classes. (institutionalinvestor.com)
Funds
- Equity mutual fund managers are no longer household names. (bloomberg.com)
- The golden age of the mutual fund business is long past. (thereformedbroker.com)
- ETFs play a bigger role in the the market than commonly thought. (blogs.barrons.com)
- Global ETF assets are nearing $3 trillion. (ft.com)
- How to create a smart beta ETF pitch. (econompicdata.blogspot.com)
Global
Economy
- Nominal wage growth is still pretty low. (bonddad.blogspot.com)
- Hotels are on pace for a record year in 2015. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Podcast links: cyber security trends. (abnormalreturns.com)
- What you may have missed in our Thursday linkfest. (abnormalreturns.com)
