Book excerpt: A dozen things Charlie Munger has said about reading by Tren Griffin author of Charlie Munger: The Complete Investor. (25iq)
Quote of the Day
"The best plans are based on trends, not specific events."
(Seth Godin)
Markets
Gold
- How far could gold overshoot on the downside? (marketwatch.com)
- Has gold as an investment lost its luster? (bloomberg.com)
- Why have miners done so much worse than gold? (etf.com)
Strategy
- David Merkel, "We can make investing easier by restricting the choices that you have to make to a few key ones." (alephblog.com)
- How higher interest rates for anyone have to hold collateral. (managed-futures-blog.attaincapital.com)
- Why Jack Dorsey should be the full-time CEO of Twitter ($TWTR). (stratechery.com)
- A Twitter ($TWTR) turnaround could take a while. (benzinga.com)
- Twitter ($TWTR) seems stuck. (thereformedbroker.com)
- Twitter ($TWTR) still has Facebook ($FB) envy. (slate.com)
Companies
Finance
Funds
- Just because you have interesting insights doesn't mean it will translate into alpha. (etf.com)
- High-fee S&P 500 index funds still exist. (fundreference.com)
Global
Economy
Earlier on Abnormal Returns
- Personal finance links: behavioral coaching. (abnormalreturns.com)
- A great reminder: blow-ups happen. (abnormalreturns.com)
- What you may have missed in our Tuesday linkfest. (abnormalreturns.com)
- Announcing the biggest, baddest Abnormal Returns giveaway yet. (abnormalreturns.com)