Book notes: Looking forward to taking a look at Adaptive Asset Allocation: Dynamic Global Portfolios to Profit in Good Times and Bad by Adam Butler, Michael Philbrick and Rodrigo Gordillo. (GestaltU)
Quote of the Day
"Value investing works, but it doesn't work on a schedule."
(Wally Weitz)
Markets
- US asset classes had a good week, last week. (capitalspectator.com)
- How the FANG stocks have performed during this correction. (disciplinedinvesting.blogspot.com)
- Natural gas is down a lot. (etf.com)
Strategy
- What investors can learn from Ted Williams. (bloombergview.com)
- Why investment professionals should meditate. (linkedin.com)
Offers
- The gadget reviewers are crazy for the new Eero home wi-fi solution. Buy it here: (amzn.to)
- Try Audible.com and Get Two Free Audiobooks including "When Breath Becomes Air." (amazon.com)
- Join Amazon Prime Music - The Only Music Streaming Service with Free 2-day Shipping - 30-day Free Trial. (amazon.com)
Companies
- Berkshire Hathaway ($BRKB) trades around 1.3x book value. (marketwatch.com)
- Fast fashion is crushing Gap ($GPS). (qz.com)
- Hilton ($HLT) to spin off its real estate into a REIT. (wsj.com)
- Rail cars are the new oil storage. (wsj.com)
Finance
- The gap between GAAP and non-GAAP is getting wider. (finance.yahoo.com)
- Fidelity has again cut startup valuations. (fortune.com)
- Auto loan delinquencies are on the rise. (wsj.com)
Funds
Global
Economy
- The February Chicago PMI was not so hot. (calculatedriskblog.com)
- The Fed is likely to stand pat in March. (economistsview.typepad.com)
- Occupational licensing reduces mobility. (marginalrevolution.com)
Earlier on Abnormal Returns
- Research links: tactical trading costs. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
