Book review: Dark Territory: The Secret History of Cyber War by Fred Kaplan is “a page-turner” and “consistently surprising.” (NYTimes)
Quote of the Day
"I’d say hybrid products that erase the boundary between active management and smart beta are where things are headed. Those are truly multi-factor, risk-aware investment strategies."
(Nick Baturin)
Chart of the Day
The story of the only analyst who had a sell-rating on Valeant Pharmaceuticals ($VRX).
Markets
- Managed futures continue to outperform in 2016. (managed-futures-blog.attaincapital.com)
- There are only two Dow stocks near their 52-week highs. (blog.afraidtotrade.com)
- Liquidity has deteriorated. (ritholtz.com)
Strategy
- Investors hate emerging markets. Time to buy. (etf.com)
- Investors should be careful who they listen to. (basonasset.com)
Offers
- Try Audible.com and Get Two Free Audiobooks including "When Breath Becomes Air." (amazon.com)
- You can join Kindle Unlimited for a 30-day trial and read to your heart's content. (amazon.com)
Companies
Finance
- Is "tenure voting" a better way to divide up shareholder votes. (nytimes.com)
- Why the Intercontinental Exchange ($ICE) wants the LSE. (wsj.com)
- Nobody really knows what is happening on the stock exchange. (nytimes.com)
Funds
- The March Mutual Fund Observer commentary is up. (mutualfundobserver.com)
- The two big low vol ETFs compared. (etf.com)
Global
Economy
- The February ADP Employment Report showed solid job growth. (capitalspectator.com)
- Auto sales are still pretty strong. (calculatedriskblog.com)
- Expect some fireworks at the March FOMC meeting. (economistsview.typepad.com)
Offers
- Another rave review for the Eero home wi-fi solution. (usatoday.com)
- The gadget reviewers are crazy for the new Eero home wi-fi solution. Buy it here: (amzn.to)
Earlier on Abnormal Returns
- Personal finance links: choosing an honest advisor. (abnormalreturns.com)
- What you may have missed in our Tuesday linkfest. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in February 2016 including "When Breath Becomes Air" by Paul Kalanithi. (abnormalreturns.com)
