Book review: Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future by Ashlee Vance is the “richest [biography of Musk] to date.” (NYTimes)
Quote of the Day
"One of the first rules of portfolio management is don’t blow yourself up."
(Ben Carlson)
Markets
- Why the bond market is acting up. (humblestudentofthemarkets.blogspot.com)
- Credit spreads are not blowing out. (valueplays.net)
- How stability can breed instability. (blogs.wsj.com)
- Oil service stocks have bounced: now what? (jlfmi.tumblr.com)
Strategy
- Stocks are, in general, overhyped. (pragcap.com)
- The case against high yield bonds. (econompicdata.blogspot.com)
- The upside of family-run businesses. (cleareyesinvesting.com)
Companies
- Why the Apple ($AAPL) iPhone is so important to Google ($GOOG). (asymco.com)
- How the Apple ($AAPL) Watch is like the original iPhone: full of unrealized potential. (recode.net)
- Facebook ($FB) is rolling out their "Instant Article" program. (recode.net)
- Expect Verizon ($VZ) to marry its data with AOL's ($AOL). (nytimes.com)
- How "Fulfillment by Amazon ($AMZN)" became a huge business. (businessinsider.com)
- Pandora ($P) should not be publicly traded. (microfundy.tumblr.com)
Finance
- The big tech M&A wave is just starting. (pando.com)
- Activist investors don't win every battle, the case of DuPont ($DD). (bloomberg.com)
- How much finance is too much? (blogs.wsj.com)
ETFs
- The hitch with bank loan ETFs. (news.morningstar.com)
- A look at the launch of the Diamond Hill Valuation-Weighted 500 ETF ($DHVW). (blogs.barrons.com)
Earlier on Abnormal Returns
- Personal finance links: tax-loss harvesting pitfalls. (abnormalreturns.com)
- What you may have missed in our Tuesday linkfest. (abnormalreturns.com)
- Part 2 of our Q&A with Wes Gray about durable anomalies. (abnormalreturns.com)
- 15 Financial Advisor Blogs Worth Following. (myperfectclient.com)
