Book review: Katy Sukel’s The Art of Risk: The New Science of Courage, Caution and Chance shows us the importance of risk-taking in daily life. (Scientific American)
Quote of the Day
"Treat 2008 Peak Oil as a cautionary tale when listening to new narratives, promulgated after the oil price collapse of the second half of 2014."
(John Authers)
Markets
- Why are individual investors so bearish? (mebfaber.com)
- The fixed-income landscape is a messy blob. (blackrockblog.com)
Communications
- How investment professionals can communicate better. (blogs.cfainstitute.org)
- Seth Godin, "Fast starts are never as important as a cultural hook, consistently showing up and committing to a process." (sethgodin.typepad.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 "Smarter Faster Better" by Charles Duhigg for free. (amazon.com)
Companies
Finance
- What happens if a marketplace lender goes out of business? (ftalphaville.ft.com)
- In praise of HFT. (marketwatch.com)
Hedge funds
- Hedge funds need to hedge more and charge less. (bloomberg.com)
- Why insurance companies are re-thinking their hedge fund investments. (nytimes.com)
- What the golden age of hedge funds looked like. (bloomberg.com)
Funds
- Vanguard's key competitive advantage hasn't changed. (news.morningstar.com)
- How important is an ETF's name? (etf.com)
- The SPDR SSGa Gender Diversity Index ETF ($SHE) started with a big anchor investor. (institutionalinvestor.com)
Economy
Earlier on Abnormal Returns
- Podcast links: podcast dominance. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- A nice summary of my social media panel at the 2016 annual CFA Conference. (annual.cfainstitute.org)
- Help me pick a new logo for Abnormal Returns. Vote here: (99designs.com)
