Book list: Andrew Ross Sorkin’s end-of-summer reading list includes a lot of great reads like Greg Steinmetz’s The Richest Man Who Ever Lived: The Life and Times of Jacob Fugger. (NYTimes)
Quote of the Day
"It is a waste of time trying to change minds..The S&P 500 is Wall Street’s indicator. Main Street’s indicator is the Dow."
(Nicholas Colas)
Markets
Strategy
- Howard Lindzon, "For 99 percent of investors, volatile markets with zero leadership mean do less, do it slower and keep it small." (howardlindzon.com)
- Dip buyer are gamblers. (priceactionlab.com)
- The folly of false precision: portfolio optimization can lead investors astray. (thinkadvisor.com)
- How much diversification is necessary? (awealthofcommonsense.com)
- Information overload is all too easy to experience in the markets. (rickferri.com)
Offers
- You can get the newly released "DIY Financial Advisor" by Wes Gray, Jack Vogel and David Foulke on discount at Amazon. (amazon.com)
- Stocktoberfest 2015 is quickly approaching. Don't miss out on the conference that explores the world between fintech and the stock market. (stocktoberfest.co)
Companies
- Why can't companies be counter-cyclical with their cash? (pointsandfigures.com)
- The IPO window is shut for now. (blogs.wsj.com)
Apple
- Apple ($AAPL) may be getting into original video programming. (variety.com)
- Apple ($AAPL) continues to push into the enterprise. (recode.net)
Finance
Funds
- The average closed-end fund discount is hovering around 10%. (blogs.barrons.com)
- A review of the tax benefits of the ETF structure. (etftrends.com)
Global
- Why this global slowdown may be different. (bloombergview.com)
- Crude oil demand is back on the rise. (blog.yardeni.com)
- Central banks have been remiss in not combating leveraged bubbles. (voxeu.org)
Economy
- How much attention should the Fed pay to the stock market? (fortune.com)
- The ISM Manufacturing report for August shows slowing growth. (calculatedriskblog.com)
- Don't obsess over the word "recession." (econlog.econlib.org)
- Will econometrics and data science merge? (bloombergview.com)
Earlier on Abnormal Returns
- Startup links: changing the function. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
