Book list: 7 must-read books if you want to get rich from Simon Constable including Jason Zweig’s The Devil’s Financial Dictionary. (TheStreet)
Quote of the Day
"I thought the growth in smart beta was a good thing. Now when I see product proliferation in areas that I think are unwise and that are putting people at risk of performance chasing, that growth ceases to be a good thing."
(Rob Arnott)
Markets
- US bonds are the only asset class up over the last year. (capitalspectator.com)
- There is a bull market in doomsayers. (pragcap.com)
Strategy
- Why storytelling matters. (awealthofcommonsense.com)
- 7 investing lessons from behavioral finance. (psyfitec.com)
- How to offset the challenges of decision making in a crisis. (blogs.cfainstitute.org)
Offers
- Join Amazon Prime Music - The Only Music Streaming Service with Free 2-day Shipping - 30-day Free Trial. (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)
- Try Audible.com and Get Two Free Audiobooks including "When Breath Becomes Air." (amazon.com)
Hedge funds
- Have we reached Peak Hedge Fund? (economist.com)
- Some hedge fund red flags including "bad coffee." (businessinsider.com)
- The subprime auto loan market is not the next 'big short.' (businessinsider.com)
Finance
- Keep an eye on online lending delinquency rates. (ftalphaville.ft.com)
- The big tech companies can't avoid finance for much longer. (bloomberg.com)
Funds
- Small cap value ETFs come in very different flavors. (theirrelevantinvestor.com)
- Using duration as a guide to muni bond ETFs. (etf.com)
Global
Economy
- The Chicago Fed National Activity Index showed continued economic growth in January. (calculatedriskblog.com)
- Now is the time for the US to invest more in infrastructure. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Research links: smart beta bubbles. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
- The Bernstein Curve, Bill Ackman and the active-passive debate. (abnormalreturns.com)
