Book notes: Why the Internet didn’t kill television. Insights from Michael Wolff’s Television is the New Television. (Bloomberg
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)
Quote of the Day
"In short, most mutual funds are not above average. But, more often than not, the funds run by good stewards are."
(John Rekenthaler)
Markets
- Do market labels matter all that much? (adamhgrimes.com)
- Why smart people often make horrible investors. (awealthofcommonsense.com)
Strategy
- The best companies, like Danaher ($DHR), consistently grow book value per share over time. (valueplays.net)
- High growth companies are staying private longer: what that means for public investors. (ivanhoff.com)
Modern Trader
- Doug Litowitz, "CNBC is an electronic shaman for investors." (thealphapages.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
Finance
- Blackstone ($BX) and Blackrock ($BLK) are getting into each other's businesses. (bloomberg.com)
- The rare case of an activist investor who wants a company to get bigger, not smaller. (wsj.com)
- Rising stock prices are putting a crimp in potential M&A activity. (ft.com)
Grexit
- How much more pain can Greece take? (bonddad.blogspot.com)
- A bet on $GREK is a bet on Greek banks. (humblestudentofthemarkets.blogspot.com)
Global
- The Chinese equity bubble has popped. Where does that rank on the country's issues? (blogs.ft.com)
- How has US oil production reacted to Saudi policy? (soberlook.com)
Economy
- How Greece might affect the Fed's next move. (economistsview.typepad.com)
- We are not a nation of freelancers. (economy.com)
Earlier on Abnormal Returns
- Startup links: strategic shifts. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
Mixed media
- Apple ($AAPL) Music is rich with features but is complicated. (recode.net)
- How Apple ($AAPL) Music compares to other streaming services. (theverge.com)
- Everybody, including Apple ($AAPL), hates iTunes. (qz.com)
- Why Apple ($AAPL) Music will be a better deal for artists. (beyonddevic.es)
- What does success for Apple ($AAPL) Music look like? (aboveavalon.com)
