Book insights: How elite students get elite jobs. Insights from Lauren A. Rivera’s Pedigree. (Marginal Revolution)
Quote of the Day
"When companies put their chips on financial engineering they are betting against the future."
(Edward Luce)
Markets
- Expensive stocks are expensive for a reason. (thereformedbroker.com)
- Silver is in a four-year bear market. (shortsideoflong.com)
Strategy
- Five steps to a successful investment process. (adamhgrimes.com)
- Millennial investors just want ideas. (howardlindzon.com)
- On the importance of "self-awareness" for traders and investors. (forbes.com)
Companies
- An Apple ($AAPL) Q2 earnings preview. (aboveavalon.com)
- Why pharma loves mergers: higher prices. (wsj.com)
- Tesla's ($TSLA) Gigafactory is already facing obsolescence. (fortune.com)
Finance
- Lessons from the Flash Crash regulatory fiasco. (financial-math.org)
- Investment firms should take care of their CURRENT clients first. (awealthofcommonsense.com)
Funds
- A profile of the embattled CEO of Pimco. (latimes.com)
- Measuring the true cost of smart beta ETFs. (etf.com)
- Investors have found better mousetraps than the $QQQ. (wsj.com)
Global
Economy
- Young Americans keeping moving West. (bloomberg.com)
- Can algorithms price collude? (newyorker.com)
- Time to raise the gas tax. (bloombergview.com)
Earlier on Abnormal Returns
- Research links: overpriced smart beta. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
