Book notes: What can biomimicry teach us about investing? A look at Katherine Collins’ The Nature of Investing: Resilient Investment Strategies through Biomimicry. (Enterprising Investor)
Quote of the Day
"Normal things change faster than you expect. "History doesn't crawl," Nassim Taleb writes, "it leaps." Things "go from fracture to fracture, with a few vibrations in between. Yet we like to believe in the predictable, small incremental progression."
(Morgan Housel)
Markets
- Not all bull markets end in a crash. (awealthofcommonsense.com)
- Lessons from market extremes. (investorfieldguide.com)
- Liquidity crises are self-fulfilling events. (thereformedbroker.com)
- The relationship between TIPS, treasuries and inflation. (econompicdata.blogspot.com.es)
Strategy
- On the fine line between reading the news and overreacting to it. (alphabaskets.com)
- How to design your portfolio taking into account our many foibles. (jimoshaughnessy.tumblr.com)
- Cullen Roche, "Index funds and active management are one and the same." (marketwatch.com)
- Risk is all about uncertainty. (maliceforall.com)
- Take a hint from Calpers, streamline your portfolio. (wsj.com)
- Why trading $VIX-related products is so challenging. (statisticalideas.blogspot.com)
- Why you should avoid purchasing a trading system. (priceactionlab.com)
- Smart investors read...a lot. (theirrelevantinvestor.tumblr.com)
- CFO Anthony Noto is the last man standing at Twitter ($TWTR). (wsj.com)
- How to best use Twitter ($TWTR): expose yourself to different ideas. (ft.com)
- The use of Twitter ($TWTR) by investment professionals has stalled. (thestreet.com)
- Twitter ($TWTR) needs to enhance its network effects. (applico.tumblr.com)
Companies
- Should Apple ($AAPL) kill off the Mac? (wsj.com)
- Apple ($AAPL) Music is a muddled mess. (stratechery.com)
- Why the New York Times ($NYT) should buy Bloomberg. (fusion.net)
- Is soda the new cigarettes? (fool.com)
Finance
- Another milestone in the death of futures trading pits. (ft.com)
- Bond trading isn't down across the board. (wsj.com)
- Why issue sell-ratings if you don't have to? (bloombergview.com)
- What is taking social finance so long? (howardlindzon.com)
Peer-to-peer lending
- Robots have invaded the once cozy world of peer-to-peer lending. (buzzfeed.com)
- Keywords to pay attention to when making consumer peer-to-peer loans. (qz.com)
ETFs
- A primer on how to use bond funds in a portfolio. (betterment.com)
- Like it or not more smart beta ETFs are coming. (wsj.com)
- Tax efficient retirement buckets using Vanguard funds. (news.morningstar.com)
Global
- The hedge fund business in China is booming. (ft.com)
- Why Germans pay cash for almost everything. (qz.com)
Economy
- Industrial production falls again. (crossingwallstreet.com)
- Higher minimum wages are the new normal. (m.strategy-business.com)
Earlier on Abnormal Returns
- Research links: perspectives on profitability. (abnormalreturns.com)
- Where did all the listings go? (abnormalreturns.com)
- Why giving financial advice is difficult. (abnormalreturns.com)
- Make more money by doing (and listening) less. (abnormalreturns.com)
- Sound investing and stock picking contests. (abnormalreturns.com)
- The anti-Jim Cramer will lead them… (abnormalreturns.com)
- The dearth of female money managers: a market failure. (abnormalreturns.com)
