Book Q&A: Cinthia Murphy talks with Meb Faber about hedge fund closing and his new book Invest With the House: Hacking the Top Hedge Funds. (ETF)
Quote of the Day
"A diversified strategic portfolio is at all times selling hubris and buying humiliation. It’s not fun while you’re doing it, but it looks great at cycle’s end, when everyone else seems to have been doing the opposite."
(Josh Brown)
Strategy
- Bond mechanics confuse the average investor. (awealthofcommonsense.com)
- There is NEVER a perfect time to invest in the stock market. (fmdcapital.com)
Offers
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. This special subscription offer includes free investment classic book! (moderntrader.com)
- Amazon Prime is also allows for the streaming of millions of songs. Start a free-trial now! (amazon.com)
Companies
- What's the right valuation comparison for Apple ($AAPL)? (investorplace.com)
- Yahoo ($YHOO) isn't a tech company it is a media company. (fortune.com)
Hedge funds
- How investors can use AI to aid investment decision making. (technologyreview.com)
- One nascent hedge fund is satellite cargo tracking to trade markets. (institutionalinvestor.com)
- The largest female-run hedge fund is doing great work for the Yale endowment. (bloomberg.com)
Offers
- Sign up for a 30-day trial of Audible.com and get two free books including "The Term Sheet: A Startup Thriller Novel." (amazon.com)
- With a 30 day trial of Kindle Unlimited you can read books for free including Jesse Warren Teveow's new book "The Power of Broke and How to be Original: How Non-Conformists Rule the World." (amazon.com)
Economy
- Weekly initial unemployment claims are still trending at low levels. (calculatedriskblog.com)
- The Fed's idea of "normal" is way off. (economistsview.typepad.com)
Earlier on Abnormal Returns
- Longform links: super bosses. (abnormalreturns.com)
- Diversification, re-balancing and the risk of home country bias. (abnormalreturns.com)
- The Big Short movie: transgressive art. (abnormalreturns.com)
- The irresistible magic of the list. (abnormalreturns.com)
- A new Essential Listening is up with talks about hedge fund cloning, high-end real estate and the world of adhesives. (blogs.cfainstitute.org)
- What you may have missed in our Wednesday linkfest. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in January 2016. (abnormalreturns.com)
