Book notes: Meb Faber’s Investing With the House: Hacking the Top Hedge Funds is a good introduction to hedge fund cloning. (CXOAG)
Quote of the Day
"People tend to underestimate the importance of saving when constructing an investment plan. Saving becomes even more important when markets fall."
(Ben Carlson)
Markets
- 34 charts that put today's markets into perspective. (blogs.cfainstitute.org)
- A handful of stocks that are actually up in 2016. (financetrends.blogspot.com)
Strategy
- Why you should ignore bold predictions. (gestaltu.com)
- Good luck trying to parse the stocks-oil correlation debate. (awealthofcommonsense.com)
Offers
- Tax time is rapidly approaching. Get up to 40% off TurboTax at Amazon. (amazon.com)
- Sign up for an Audible.com free trial and get two audio books including "Originals: How Non-Conformists Move the World." (amazon.com)
- Amazon series, like "Mozart in the Jungle," won more Golden Globes than Netflix. Check them all out with a 30-day Prime trial. (amazon.com)
Apple
- Apple ($AAPL) had its highest profit in history but is warning of slowing iPhone growth. (theverge.com)
- How much longer can the iPhone keep a big premium over other phones? (bloomberg.com)
- Apple's ($AAPL) buyback scheme is a mistake. (ibankcoin.com)
- Apple ($AAPL) is in no worse position that any one else. (nytimes.com)
- Apple can't suddenly change its story. (businessinsider.com)
- Twitter ($TWTR) is too hard to use. (theverge.com)
- Twitter ($TWTR) has a fundamental product problem. (slate.com)
Finance
- Are you underpaid? Check out the 2016 SumZero Compensation Report for fund managers, analysts etc. (sumzero.com)
- How a down market is affecting activist investors. (nytimes.com)
Funds
- The fees on ETFs and mutual funds are tumbling toward 0%. (wsj.com)
- Whoops. This isn't how market cap weighted index funds work. (kiddynamitesworld.com)
- ETFs are fleeing the NYSE. (bloomberg.com)
Global
- Why aren't lower oil prices boosting the global economy? (economist.com)
- Two ways to make the world richer. (fool.com)
Economy
- Weakness in the US economy is limited and isolated. (economistsview.typepad.com)
- Best practices when consuming business cycle analysis. (capitalspectator.com)
Earlier on Abnormal Returns
- Personal finance links: kid Roths. (abnormalreturns.com)
- What you may have missed in our Tuesday linkfest. (abnormalreturns.com)
- The list of robo-advisors keeps growing, hence the need for a chart. (abnormalreturns.com)
