Book review: “Wall Street Potholes is recommended for anyone interested in achieving better investment performance.” (CFA Institute)
Quote of the Day
"Save more money" is some of the best financial advice you can give, but it's not intellectually stimulating enough for smart people to take seriously."
(Morgan Housel)
Chart of the Day
Only 11% of S&P 500 stocks are trading above their 50 day moving average.
Markets
- This market decline is not a repeat of 2008. (wsj.com)
- Three measures that show a high level of investor fear. (disciplinedinvesting.blogspot.com)
- Like it or not, earnings season is here. (dashofinsight.com)
- Ten musings on (deep) market corrections. (ivanhoff.com)
Strategy
- Brett Steenbarger, "Trading has to fit into our lives and skill sets; otherwise, our relationship with markets becomes an unhappy and even abusive one." (traderfeed.blogspot.com)
- Why trading small right now makes sense. (howardlindzon.com)
- Jason Zweig, "The larger your safety bucket, the more risk you can withstand elsewhere." (wsj.com)
Offers
- Amazon shows more Golden Globes than Netflix. Check them all out with a 30-day Prime trial. (amazon.com)
- Sign up for Audible.com and get two free audio books including "The Confidence Game: Why We Fall For It...Every Time." (amazon.com)
Companies
Funds
Global
Economy
- Are long-term inflation expectations declining? (macroblog.typepad.com)
- What CEOs said about the economy this week. (skrisiloff.tumblr.com)
- A succinct summary of the past economic week. (ritholtz.com)
- The economic schedule for the coming holiday-shortened week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you may have missed in our Saturday linkfest. (abnormalreturns.com)
- Cost is the new performance. (abnormalreturns.com)
