Book notes: Some basic math for traders in Adam Grime’s Quantitative Analysis of Market Data. (Adam Grimes)
Quote of the Day
"Being on a hot streak is one of the most dangerous things that can happen to a professional or individual investor."
(Jason Zweig)
Markets
- Chinese authorities want to put the breaks on its runaway stock market. (thereformedbroker.com)
- More Americans are out of the stock market than in it. (blogs.wsj.com)
- Good to see that pundits are still willing to jump on any down move in the stock market. (dashofinsight.com)
Strategy
- Trading is having "an ongoing conversation with the markets." (traderfeed.blogspot.com)
- On the challenges of position sizing. (cleareyesinvesting.com)
- Three investment lessons from trees. (usatoday.com)
Finance
- Venture capital gushed in Q1. (recode.net)
- Does indexing lead to a misallocation of capital? (alephblog.com)
Munis
- The case for high yield munis. (online.barrons.com)
- The muni market is pretty healthy at the moment. (blogs.barrons.com)
Economy
- Still very few signs of inflation in March. (calculatedriskblog.com)
- Why is private investment so slow? (voxeu.org)
- Did the Fed cause the subprime boom? (econlog.econlib.org)
- A succinct summary of the economic week that was. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you may have missed in our Saturday links. (abnormalreturns.com)
