Book review: Fred Wilson enjoyed Nathaniel Popper’s Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money. (A VC)
Quote of the Day
"In short, the long fall and recent collapses in nominal and real yields on safe securities should now be at an end. One must hope so. Further declines would be highly disturbing."
(Martin Wolf)
Strategy
- Warren Buffett has been reducing his bond exposure for years. (charlessizemore.tumblr.com)
- Are long term bonds worth the risk. (awealthofcommonsense.com)
- Do you really need international bonds in your portfolio? (news.morningstar.com)
Trading
- Why do you think you can outguess the Chinese stock market? (midnighttrader.tumblr.com)
- Don't read too much into short-term performance. (traderfeed.blogspot.com)
- What should traders do around news announcements? (adamhgrimes.com)
Apple
- The Apple ($AAPL) Watch is being underestimated. (stratechery.com)
- The case against the new Apple ($AAPL) Macbook Air. (marco.org)
- The Beat acquisition is set to pay off. (economist.com)
Finance
- Hedge funds are upping their investment in machine learning. (bloomberg.com)
- The case for smaller hedge funds. (cfainstitute.tumblr.com)
- When shareholder activism works, and when it doesn't. (ft.com)
- Pension fund risks are coming to the fore in the muni market. (ft.com)
- Two good reasons for a company to go public. (businessinsider.com)
ETFs
- 22.7% of ETPs launched in the US have closed. (investwithanedge.com)
- 5 tips for trading ETFs. (news.morningstar.com)
- A real-time experience in the high cost of fund fees. (online.barrons.com)
Economy
- Signs that Americans are buying homes again. (qz.com)
- Your second job is now doing "shadow work." (politico.com)
Earlier on Abnormal Returns
- Personal finance links: underused 529 plans. (abnormalreturns.com)
- What you might have missed in our Tuesday linkfest. (abnormalreturns.com)
