Book review: Quality Investing: Owning the Best Companies for the Long Term by Lawrence A. Cunningham, Torkell T. Eide, and Patrick Hargreaves is “clearly and engagingly written.” (Reading the Markets)
Quote of the Day
"Historically in the Valley, the mantra has been 'Grow at any cost — get bigger, get bigger, get bigger,'" Cohn said. But, more recently, "the mantra has gone to: 'Cash flow, let's be profitable, let's make sure we are earning money and we've got a very sustainable business model.'"
(Gary Cohn)
Strategy
- Why bear markets are so painful. (awealthofcommonsense.com)
- Bear markets are "teachable moments." (psyfitec.com)
Companies
Offers
- Sign up for Amazon Prime and get access to millions of streaming songs to boot. (amazon.com)
- Sign up for an Audible.com trial and get two free books including "When Breath Becomes Air." (amazon.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. This special subscription offer includes free classic investment book! (moderntrader.com)
Finance
- Google ($GOOGL) Ventures isn't afraid of bet big on health tech. (bloomberg.com)
- Banks are laying off experienced fixed income traders. (bloomberg.com)
Funds
Global
- Japan's economy shrunk in Q4 2015. (wsj.com)
- The battlefield that is online shopping in India. (next.ft.com)
- We are winning the global war on poverty. (csmonitor.com)
Economy
- Don't underestimate the effect of the rising dollar on the US economy. (blogs.ft.com)
- LA area ports were really busy in January. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Research links: a risk management policy. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
