Book review: Charlie Munger: The Complete Investor by Tren Griffin is a good introduction to mental models. (Aleph Blog)
Quote of the Day
"They say that beauty is in the eye of the beholder, so are markets. Our views are shaped by what we buy, when we buy it, what just happened and what we hope to happen that never does."
(Michael Batnick)
Markets
- Analysts hate, hate, hate emerging markets. (valuewalk.com)
- More signs investor sentiment is getting pretty negative. (shortsideoflong.com)
- Optimists have historically won in the stock market. (fool.com)
Strategy
- Beware the desire to swap gold for gold miners. (thereformedbroker.com)
- How overconfidence affects investors and fantasy football players. (castlebaram.com)
- A seeming paradox: most stocks underperform the market. (theirrelevantinvestor.wordpress.com)
- Women are less likely to let market dips affect their strategy. (evidenceinvestor.co.uk)
Offers
- ETFReplay.com, the premier provider of ETF backtesting services, is offering a special subscription deal for Abnormal Returns readers. Check it out! (goo.gl)
- The schedule for the 4th annual Stocktoberfest is set. Grab your tickets today before they run out. (stocktoberfest.co)
Apple
- Some thoughts on all of Apple's ($AAPL) product announcements including the new Apple TV. (daringfireball.net)
- Apple ($AAPL) continues to make the iPhone better and better. (nytimes.com)
- Apple ($AAPL) is now a platform maker not a product maker. (stratechery.com)
Finance
- Yahoo's ($YHOO) spinoff of Alibaba ($BABA) is stuck in tax limbo. (bloombergview.com)
- A raft of startups want a piece of Bloomberg's terminal business. (nytimes.com)
- Big banks continue to experiment with the blockchain. (ft.com)
- Will this new hedge fund compensation scheme catch on? (wsj.com)
ETFs
Economy
- Weekly initial unemployment claims continue to plumb new depths. (calculatedriskblog.com)
- Central bankers don't seem to have much affect on public perceptions of inflation. (bloomberg.com)
- Stanford's department of economics is on the rise. (nytimes.com)
Earlier on Abnormal Returns
- Longform links: the multi-tasking plague. (abnormalreturns.com)
- What you may have missed in our Wednesday linkfest. (abnormalreturns.com)
