Product review: The Amazon Echo is in some ways the exact opposite of the Apple Watch. (Six Colors)
Quote of the Day
"When I say “risk” and you say “risk,” chances are high we don’t mean the same thing."
(Carl Richards)
Markets
Strategy
- Fundamental indices are weak value investing sauce. (investorfieldguide.com)
- On the use of volatility in making asset allocation decisions. (awealthofcommonsense.com)
- Five accounting mistakes analysts make. (blogs.cfainstitute.org)
Verizon-AOL
- Verizon ($VZ) buys AOL ($AOL). (recode.net)
- A deal made out of weakness. (wsj.com)
- Why Verizon ($VZ) wants AOL ($AOL). (time.com)
- Will HuffPo get spun off? (businessinsider.com)
- AOL ($AOL) shareholders have Tim Armstrong to thank for the deal. (thestreet.com)
Finance
Funds
- Fund companies just can't keep their hands off of the so-called 'unicorns.' (nytimes.com)
- Active management is a tough game. Just ask Fidelity. (marketwatch.com)
- The downside of a bull market: unrealized capital gains. (news.morningstar.com)
Global
Economy
- Despite a falling unemployment rate the US economy still has slack. (blogs.wsj.com)
- Current demographics argue for a lower unemployment rate before inflation kicks in. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Startup links: avoiding startup-related lawsuits. (abnormalreturns.com)
- Part 2 of our Q&A with Wes Gray about durable anomalies. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
- Part 1 of our Q&A with Wes Gray about durable anomalies. (abnormalreturns.com)
