Book review: Charlie Munger and his many mental models. A look at Tren Griffin’s Charlie Munger: The Complete Investor. (Farnam Street)
Quote of the Day
"More stuff is created every day than you could read in a lifetime - there's always going to be a filter."
(Benedict Evans)
Markets
- We are entering the worst seasonal period of the year for the stock market. (ryandetrick.tumblr.com)
- Why you should be worried about margin debt. (thefelderreport.com)
- Forward earnings estimates are still rising. (humblestudentofthemarkets.blogspot.com)
- Have investors overreacted to the Fed? (dashofinsight.com)
Strategy
- Why you should worry about who else owns your mutual fund. (wsj.com)
- Bonds are still dead money. (sl-advisors.com)
- Brett Steenbarger, "Markets don't speak to us; they whisper. A quiet mind makes for a keen ear." (traderfeed.blogspot.com)
Offers
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer - including a free copy of an investment classic! (moderntrader.com)
- It seems crazy but Amazon ($AMZN) is selling Fire HD tablets for $49.99. Even crazier if you buy 5 you can get the sixth for free. (amzn.to)
Apple
- Apple ($AAPL) is mainstreaming the idea of leasing your phone. (marketwatch.com)
- The death of the phone subsidy is playing into Apple's ($AAPL) hands. (marketwatch.com)
Finance
- Is the golden age of the Western corporation over? (economist.com)
- So-called tech 'unicorns' are no longer all that unique. (bloomberg.com)
ETFs
Economy
- US households are worth more and are less leveraged. (scottgrannis.blogspot.com)
- US farmland prices are falling. (climateerinvest.blogspot.com)
- Two pieces of advice for the Fed. (alephblog.com)
- A succinct summary of the economic week. (ritholtz.com)
- The schedule for the coming economic week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you might have missed in our Saturday linkfest. (abnormalreturns.com)
