Book review: Brenda Jubin, “A Wealth of Common Sense should provide value to investors at all levels of experience and net worth.” (Reading the Markets)
Quote of the Day
"Vanguard is the only company in the financial industry that is not trying to make a huge profit off of you. Everyone else is talking their book. EVERYONE."
(Blake Ross)
Markets
- James Montier, "This is definitely the most difficult time to be an asset allocator. It’s very hard to find value.." (citywireglobal.com)
- Where does the Shanghai crash rank amongst previous debacles. (ftalphaville.ft.com)
- How Chinese officials destroyed their stock market. (bloombergview.com)
Strategy
- Who makes money during a stock market correction. (awealthofcommonsense.com)
- Everything you may want to know about the 200 day moving average. (ryandetrick.tumblr.com)
Companies
- Yahoo ($YHOO) is getting into daily fantasty sports absent a partner. (wsj.com)
- Can chat apps take mindshare from Facebook ($FB)? (wsj.com)
- Why Apple ($AAPL) will switch from Intel ($INTC) to Arm ($ARMH) chips for the Mac. (medium.com)
Finance
- On the benefit of market fragmentation. (bloombergview.com)
- The NYSE was closed for much of yesterday but trading went on. (wsj.com)
- Why you see trends even when they are a coincidence. (fusion.net)
Finance
ETFs
- The problem with socially responsible investing. (fool.com)
- Will this hybrid AUM pricing model take hold? (ft.com)
Economy
- The US economy is plodding along. (economistsview.typepad.com)
- Weekly initial unemployment claims continue to trend below 300k. (calculatedriskblog.com)
- Is macroeconomic data getting leaked early? (carolabinder.blogspot.com)
- Are higher interest rates a good way to tame bubbles? (blogs.wsj.com)
- Why isn't all this digital technology making us more productive? (vox.com)
Earlier on Abnormal Returns
- Longform links: how Netflix ($NFLX) captures value. (abnormalreturns.com)
- What you may have missed in our Wednesday linkfest. (abnormalreturns.com)
