Book review: DIY Financial Advisor: A Simple Solution to Build and Protect Your Wealth by Gray, Vogel and Foulke is “a dynamic, fun, and accessible text…” (The Finance Professionals’ Post)
Quote of the Day
"The productivity debate is a reminder of how little we really understand about what is happening inside the US economy today. As the central bank prepares to take its decision on rates, like everyone else, it is still flying somewhat blind."
(Gillian Tett)
Markets
- Let's start talking about something other than the Fed. (thereformedbroker.com)
- Time is at the center of most financial debates. (pragcap.com)
Offers
- Sign up for Audible.com you can get two free books including "America’s Bank: The Epic Struggle to Create the Federal Reserve." (amazon.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
- It's hard to imagine going through the holiday season without Amazon Prime. Get a 30-day free trial here. (amazon.com)
Companies
- Is Yahoo's ($YHOO) board too beholden to Marissa Mayer? (wsj.com)
- Amazon ($AMZN) just bought a truckload of truck trailers. (recode.net)
- Why isn't Starbucks ($SBUX) totally un-cool by now? (nytimes.com)
- Only one of top fifteen market cap companies in 2000 is bigger today. (ft.com)
Finance
- Spin-offs are the flipside of acquisitions. (hbr.org)
- 2015 was a record year for M&A. (blogs.wsj.com)
Funds
- "Active Fund = Index Fund +/- Skill - Expense Difference - Tax Difference" (news.morningstar.com)
- Why BATS is attracting ETF listings. (etf.com)
Economy
- A "solid" November NFP report shouldn't keep the Fed from acting. (calculatedriskblog.com)
- There is still little in the way of wage inflation. (bonddad.blogspot.com)
- It's been awhile since the Fed raised rates. No one really knows what will go down. (nytimes.com)
- The US auto industry is crushing it. (bloombergview.com)
Earlier on Abnormal Returns
- Podcast links: the need for patience. (abnormalreturns.com)
- What you may have missed in our Thursday linkfest. (abnormalreturns.com)
