Time is running out to get in on the biggest Abnormal Returns ever. We are giving away a complimentary ticket to the 4th annual Stocktoberfest, October 18-20th, 2015 in sunny Coronado, California. This is a $699 value. Check out all the details.
Quote of the Day
"Too often we confuse having a job (or a startup for that matter) with having a purpose...What's your purpose?"
(Albert Wenger)
Markets
- The spread in US equity sector returns in 2015 is crazy. (capitalspectator.com)
- Credit spreads continue to rise. (shortsideoflong.com)
- If you thought gold was doing poorly check out silver. (wsj.com)
- This model is still maximum bullish on equities. (macro-man.blogspot.com)
Strategy
- There's no such thing as a "normal" decade for the stock market. (theirrelevantinvestor.wordpress.com)
- Trying to put a fair value on gold. (papers.ssrn.com)
- The folly of the macro investor. (thinkadvisor.com)
- Why we are so prone to the "recency effect." (bloombergview.com)
Tools
- The coolest new portfolio tool on the web. (thereformedbroker.com)
- 60 online resources for value investors. (oldschoolvalue.com)
Companies
- Why investors are down on Twitter ($TWTR). (ivanhoff.com)
- Apple's ($AAPL) drawdown is not all that unusual. (theirrelevantinvestor.tumblr.com)
Finance
- Pension funds are still attracted to farmland investments. (wsj.com)
- A job in banking is now a consolation prize for MBAs from top schools. (bloomberg.com)
- Why are so many freaked out about bond market illiquidity? (pragcap.com)
- Puerto Rico is no longer in control of its own destiny. (fusion.net)
Activists
- Dan Loeb targets Baxter ($BAX). (bloomberg.com)
- Bill Ackman targets Mondelez ($MDLZ). (businessinsider.com)
- MBA students are big fans of activist investors like Bill Ackman. (wsj.com)
Funds
- Are consultants hampering active managers? (news.morningstar.com)
- What's the next mass movement in asset management? (investorfieldguide.com)
- The headwinds facing NextShares. (etf.com)
- The case for core bond funds. (news.morningstar.com)
- The 5 most popular new ETFs of 2015. (etf.com)
- What it takes to successfully run an index fund. (vanguardblog.com)
Economy
- Five things to watch for in the July NFP report. (blogs.wsj.com)
- Weekly initial unemployment claims are still pretty darn low. (calculatedriskblog.com)
- Why the Fed should raise rates. (scottgrannis.blogspot.com)
Earlier on Abnormal Returns
- Longform links: the future of television. (abnormalreturns.com)
- Personal finance links: attention as an asset. (abnormalreturns.com)
- Startup links: transparent markets. (abnormalreturns.com)
- What you might have missed in our Monday linkfest. (abnormalreturns.com)
- The index card revolution. (abnormalreturns.com)
- Time is running out to get in on the biggest Abnormal Returns giveaway yet. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in July 2015. (abnormalreturns.com)
