Book recommendation: Steve Lohr’s Data-ism: The Revolution Transforming Decision Making, Consumer Behavior, and Almost Everything Else is an interesting read. (Reading the Markets)
Quote of the Day
"The fact that equity ETFs traded below their net asset values due to trade halts in individual stocks is not a defect of ETFs, it's an advantage that increases total liquidity."
(Aaron Brown via Matt Levine)
Markets
Strategy
- When to deploy capital. (alephblog.com)
- Diversification has worked this year. (humblestudentofthemarkets.blogspot.ca)
- Some thoughts on tax loss harvesting. (wsj.com)
Offers
- The 4th annual Stocktoberfest is here. Where the BEST in fintech, trading and investing meet. Early Bird tickets are running out! (stocktoberfest.co)
- Karma Go: WiFi That Goes Wherever You Do. Join now and get $10 off. (yourkarma.com)
Finance
- There have been issues with mutual fund pricing this week. (wsj.com)
- Remember those margin loans? Wall Street does. (wsj.com)
ETFs
Economy
- If the Fed focuses on overseas markets it will not raise rates. (blogs.ft.com)
- Weekly initial unemployment claims continue to point to a growing US economy. (calculatedriskblog.com)
- The US macro environment still looks "decent." (capitalspectator.com)
Earlier on Abnormal Returns
- Longform links: a cultural monopoly. (abnormalreturns.com)
- StockTwits: some ideas just take time. (abnormalreturns.com)
- What you may have missed in our Wednesday linkfest. (abnormalreturns.com)
- August book round-up: all the book links we ran in the past month. (abnormalreturns.com)
