Book review: Friend & Foe: When to Cooperate, When to Compete, and How to Succeed at Both by Adam Galinsky and Maurice Schweitzer “aims high.” (FT)
Quote of the Day
"LinkedIn has real impact because the people it connects go on to do important things outside the network in their jobs and other projects."
(Justin Fox)
Markets
- A Zweig Breadth Thrust Signal has been triggered. (quantifiableedges.com)
- Annual stock market returns are not normally distributed. (theirrelevantinvestor.wordpress.com)
- Four reasons why global market correlations are so high. (ft.com)
Strategy
- The only way to beat the market is buy stuff no one else wants. (news.morningstar.com)
- Is the case for precious metals just a "load of nonsense"? (marketwatch.com)
- How much capital do you need to trade for a living? (adamhgrimes.com)
- Knowledge alone is not enough to change bad financial behavior. (awealthofcommonsense.com)
Offers
- Greg Ip's new book "Foolproof: Why Safe Can Be Dangerous and How Danger Makes Us Safe" is getting good reviews. (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
- Are companies being reckless in buying back their shares? (investorfieldguide.com)
- Should companies be wary of offloading all their data needs to Amazon ($AMZN) Web Services? (readwrite.com)
Finance
- Should alternative lenders hold their own loans? (medium.com)
- Why you shouldn't expect your hedge fund to outperform the stock market. (wallstreetpit.com)
- Why high frequency traders cancel so many orders. (bloombergview.com)
ETFs
- ETF statistics for September 2015. (investwithanedge.com)
- Bill Gross is still mad at Pimco. (bloombergview.com)
- "Mutual funds’ share of corporate bond ownership has increased sharply in recent years, while dealers’ share has declined substantially." (libertystreeteconomics.newyorkfed.org)
- The risk of various target-date mutual funds varies widely across managers. (statisticalideas.blogspot.com)
Economy
- The Fed has outsourced some of its tightening. (econbrowser.com)
- A Q3 check-in shows the economy proceeding as predicted. (calculatedriskblog.com)
- Economics has a unreplicability problem...among other things. (stumblingandmumbling.typepad.com)
Earlier on Abnormal Returns
- Podcast links: perceived risks. (abnormalreturns.com)
- What you may have missed in our Thursday linkfest. (abnormalreturns.com)
- Business models matter: be a skeptical and attentive investor. (abnormalreturns.com)
- On the importance of acquiring investment discipline by any means possible. (abnormalreturns.com)
