Book review: Economics Rules: The Rights and Wrongs of the Dismal Science by Dani Rodik is “terrific.” (The Enlighted Economist)
Quote of the Day
"The market dynamic changed. Now all of a sudden a lot of late-stage buyers are looking at prospective down-rounds. This is going to impact their and our future crossover strategy..."
(Jeremy Abelson)
Markets
- Bearish sentiment is spreading. (disciplinedinvesting.blogspot.com)
- The case for high yield bonds. (barrons.com)
- Why MLPs did what they did in September. (sl-advisors.com)
- September was a rough month for 90% of hedge fund strategies. (eqira.com)
Strategy
- Four attributes of accomplished investors. (stockcharts.com)
- Is gold a one-hit wonder? (sharpereturns.ca)
- On the value of avoiding deep drawdowns. (econompicdata.blogspot.com)
Offers
- Ben Bernanke's new memoir "The Courage to Act: A Memoir of a Crisis and Its Aftermath" drops next week. (amzn.to)
- 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)
Companies
- Why Jack Dorsey is ready to fix Twitter ($TWTR). (recode.net)
- What would replace the cable bundle? (nytimes.com)
- Wynn Resorts ($WYNN) has just gotten crushed. (blog.afraidtotrade.com)
Finance
- The IPO window is open to companies willing to do deals at a discount. (blogs.wsj.com)
- Are peer-to-peer loans a true alternative to traditional fixed income? (ft.com)
ETFs
- Will new SEC rules push portfolio managers into more liquid positions? (wsj.com)
- Even if the Fed raises rates, money market mutual fund yields won't rise much. (barrons.com)
Global
Economy
- How well do we understand what is going on with the labor market? (csen.tumblr.com)
- Just how much perceptions of a Fed rate hike changed. (soberlook.com)
- What CEOs had to say about the economy this week. (avondaleam.com)
- A succinct summary of the economic week. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
- "More people in the health care system means more dollars spent on health care." (nytimes.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- We have a post up at the Enterprising Investor blog: Weekend Listening: Listen Widely and Be Curious. (blogs.cfainstitute.org)
- What you may have missed in our Saturday linkfest. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in September 2015. (abnormalreturns.com)
