Book review: Reid Wilson’s Stopping the Noise in Your Head: The New Way to Overcome Anxiety & Worry is not your average self-help book. (Reading the Markets)
Quote of the Day
"In the investment management world, the overarching priority for the vast majority of money managers is to gather assets and revenues and only peripherally to provide quality performance for investors."
(Robert Seawright)
Chart of the Day
The muni bond market is doing just fine, despite the turmoil in Puerto Rico and Chicago.
Strategy
- The good old days weren't all that great. (fool.com)
- The coal bubble and bust is stunning in retrospect. (fortunefinancialadvisors.com)
- Why doesn't anybody talk about the big, bad bear market of 1973-74? (theirrelevantinvestor.com)
Iran Sohn Conference
- Druckenmiller and Manning: part 1 from the Ira Sohn Conference. (thereformedbroker.com)
- Gundlach and Schreiber: part 2 from the Ira Sohn Conference. (thereformedbroker.com)
- Chanos, Einhorn and Ariely: part 3 from the Ira Sohn Conference. (thereformedbroker.com)
- More notes from the Sohn Conference. (marketfolly.com)
Offers
- Subscribe to Modern Trader and one free month, the MT app and access to all past issues. (moderntrader.com)
- Sign up for Audible.com and get "The Confidence Game" for free. (amazon.com)
- The ultra-cheap tablet, the 6" Amazon Fire, is now $10 off. (amazon.com)
- You can now get $15 off the Amazon Fire streaming video device. (amazon.com)
Companies
- Can a bad name kill a good company? (blogs.reuters.com)
- Why Apple ($AAPL) Music is such a hot mess. (daringfireball.net)
Finance
- How indexing shrinks alpha. (pragcap.com)
- Signs that the hedge fund industry is at a bit of tipping point. (bloomberg.com)
Funds
- Lower fee funds are more likely to survive. (news.morningstar.com)
- A closer look at two new Doubleline fixed income ETFs. (fmdcapital.com)
Economy
Earlier on Abnormal Returns
- Longform links: meaningful work. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in April 2016. (abnormalreturns.com)
