Book notes: Systematic Trading: A Unique New Method for Designing Trading and Investing Systems by Robert Carver is “rational and practical.” (CXO Advisory Group)
Quote of the Day
"Half of the real problem of exhaustion comes from distraction. The problem is not being too tired. The problem is having a divided mind."
(James Walpole)
Markets
- 10% corrections are totally normal. (ryandetrick.tumblr.com)
- S&P 500 dividends have risen for the past 22 quarters. (crossingwallstreet.com)
Strategy
- Chasing performance is a national pastime. (thereformedbroker.com)
- Why bonds are a useful diversifier. (obliviousinvestor.com)
- Few investment teams can build and maintain a viable hedge fund allocation. (awealthofcommonsense.com)
- This roundup of the 2015 Sohn Canada Investment Conference includes a bunch of stock ideas. (marketfolly.com)
Offers
- Modern Trader Magazine—the essential journal for professional traders and active investors. Check out this special subscription offer including a free investment classic! (moderntrader.com)
- Ben Bernanke's new memoir "The Courage to Act: A Memoir of a Crisis and Its Aftermath" drops next week. (amzn.to)
Companies
- Amazon ($AMZN) will no longer sell Apple ($AAPL) or Google ($GOOG) streaming TV devices. (qz.com)
- Has the market overreacted to Volkswagen's diesel problems? (aswathdamodaran.blogspot.co.uk)
Finance
- Oil producers are still able to raise equity funds. (wsj.com)
- Another sign that the technology and investment worlds continue to merge. (ft.com)
- Would a financial transactions tax curb trading? (nytimes.com)
ETFs
- The monthly (October) Mutual Fund Observer commentary is a must-read for all investors, not just fund investors. (mutualfundobserver.com)
- Charley Ellis points out the many problems with current 401(k) plans. (news.morningstar.com)
Global
Economy
- 5.1% unemployment rate aside, the September jobs report was a disappointment. (calculatedriskblog.com)
- There are just no signs of wage growth out there. (marginalrevolution.com)
- The US has a lot of oil in inventory. (ftalphaville.ft.com)
- Some reasons to avoid panic. (scottgrannis.blogspot.com)
Eariler on Abnormal Returns
- Podcast links: unfinished business. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in September 2015. (abnormalreturns.com)
- What you may have missed in our Thursday linkfest. (abnormalreturns.com)
