Book notes: The FinTech Book: The Financial Technology Handbook for Investors, Entrepreneurs and Visionaries edited by Susanne Chishti and Janos Barberis is an “idea book.” (Reading the Markets)
Quote of the Day
"Academic courses in finance, accounting and business strategy are all important to a foundational understanding of financial markets. Those subjects you can indeed learn in school. But only with time and the experience of putting real money at risk do you come to realize that financial markets can be a humbling experience...High IQs don’t guarantee high returns."
(Gatis Roze)
Markets
- Commodities continued their hot streak last week. (capitalspectator.com)
- Investors have been pouring money into short-biased ETFs. (blogs.wsj.com)
- Retail isn't dead. It's just different. (howardlindzon.com)
Strategy
- Investors shouldn't be afraid to do things others are not doing. (wilowallstreet.com)
- One of the dangers of focusing on past fund performance. (portfoliocharts.com)
- On the dangers of getting married to a position. (managed-futures-blog.attaincapital.com)
Offers
- Subscribe today to Modern Trader magazine and get four bonus offers including an extra month free. (moderntrader.com)
- The Roku Streaming Stick is currently $10 off at Amazon.com. (amazon.com)
Companies
- Amazon ($AMZN) is planning to roll out more private label branded products. (wsj.com)
- Berkshire Hathaway's ($BRKB) purchase of Apple ($AAPL) shares looks like a portfolio purchase by one of the firm's money managers. (blogs.barrons.com)
- The opportunity in Fortress Investment Group ($FIG). (latticework.com)
Finance
- Marketplace lenders have been loosening their credit standards. (ftalphaville.ft.com)
- New York and London are losing financial jobs to cheaper metro areas. (next.ft.com)
Funds
Global
- Don't look now but there is a surge of tech startups in Mexico. (washingtonpost.com)
- The world's population is ageing faster than you realize. (thereformedbroker.com)
- The Irish economy grew 7.8 per cent in 2015. (business.financialpost.com)
Economy
- Homebuilder confidence is holding steady. (calculatedriskblog.com)
- Markets are NOT expecting the Fed to act in June. (economistsview.typepad.com)
- Checking in on five key economic charts for 2016. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Research links: volatility-managed portfolios. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
Slack
- On the rise of the Slack generation. (economist.com)
- How Slack is taking up more of our time and that might not be a good thing. (motherboard.vice.com)
