Book notes: An early look at John LeFevre’s Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals. (Bloomberg)
Quote of the Day
"If you don’t have a plan in place, then this particular scare is as good as any other to serve as a reminder to do what you should’ve done in the first place. Create a plan."
(Tim Maurer)
Chart of the Day
The 10 year Treasury yield is at an interesting level.
Markets
Strategy
- Five things investors should know, but don't. (business.financialpost.com)
- A look at the performance of the All Seasons portfolio. (canadiancouchpotato.com)
Companies
- Why health insurers continue to merge. (nytimes.com)
- Why you need to be a patient investor to buy into coal and/or uranium. (institutionalinvestor.com)
- Kraft Heinz ($KHC) is now a thing. (blogs.wsj.com)
Finance
- Everybody is parsing Twitter ($TWTR) and StockTwits streams for signals. (wsj.com)
- Should the best and brightest go into finance? (priceonomics.com)
- Big banks are finally waking up to the threat from fintech startups. (wsj.com)
ETFs
- Advisors rue the rise of opaque ETFs (etf.com)
- Fidelity is the leading investor in big, private investment rounds. (mattermark.com)
- When a mutual fund is better than an ETF. (etf.com)
Greece
- Europe needs a better plan to deal with future Greeces. (pragcap.com)
- Why Greece voted no. (bloombergview.com)
- How the ECB could combat contagion. (blog.abglobal.com)
- Debt relief circa 1953. (blogs.wsj.com)
Economy
- Fed funds are literally in uncharted territory. (awealthofcommonsense.com)
- Some signs businesses are spending again. (blog.yardeni.com)
- Construction spending is robust. (blogs.wsj.com)
Earlier on Abnormal Returns
- Research links: the factor investing landscape. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
