Book list: An early summer reading list from Daniel Drezner including Richard Dobbs, James Manyika and Jonathan Woetzel’s No Ordinary Disruption: The Four Global Forces Breaking All the Trends. (Washington Post)
Quote of the Day
"Investing is like any other human activity; the balanced perspective and wisdom gained from engaging the world in order to develop our skills will be available when we need them most. "
(Marshall Jaffe)
Strategy
- Measured correctly is margin debt all that high? (econompicdata.blogspot.com)
- 10 stocks the ultimate stock pickers are buying and selling. (news.morningstar.com)
- Incentives matter, especially in venture capital. (awealthofcommonsense.com)
M&A
- The buyback boom is a function of Fed policy. (blackrockblog.com)
- Global M&A is booming. (thereformedbroker.com)
- Why Internet companies are so prone to M&A. (hbr.org)
Finance
- Are Wall Street's analysts overworked? (nytimes.com)
- Why hedge funds should reward loyalty with lower fees. (cfainstitute.tumblr.com)
- Copycat trading in the retail forex world is going mainstream. (reuters.com)
- Primary dealers are getting competition in trading Treasuries. (ft.com)
- 10-Ks are just too darn long. (wsj.com)
ETFs
Global
- Why are Chinese markets more prone to booms and busts? (economist.com)
- Four reasons why oil prices are capped. (fortune.com)
Economy
- There is no sign of a recession in the Treasury market. (capitalspectator.com)
- When was the last time the US economy experienced above trend GDP growth? (crossingwallstreet.com)
- The nature of work is changing quickly. (avc.com)
Earlier on Abnormal Returns
- Startup links: convertible note confusion. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in May 2015. (abnormalreturns.com)
