Book notes: Why the Internet didn’t kill television. Insights from Michael Wolff’s Television is the New Television. (Bloomberg)
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)
