Book review: Wall Street Potholes: Insights from Top Money Managers on Avoiding Dangerous Products by Simon Lack is “well researched and well written.” (Enterprising Investor)
Quote of the Day
"(L)ife becomes a tightrope walk in which you never actually see the rope...Faith moves us forward; skeptical critical thinking keeps us balanced."
(Gary Taubes)
Markets
- Nobody knows what the h*ll is going on of late. (thereformedbroker.com)
- The risk in "safety stocks." (blog.abglobal.com)
Strategy
- The key criteria for a market bottom. (thereformedbroker.com)
- Why does clickbait work? Because you click on it. (bloomberg.com)
Offers
- Subscribe today to Modern Trader magazine and get four bonus offers including an extra month free. (moderntrader.com)
- Who doesn't like to laugh? Then sign up for a free trial to SEESO 'where the best comedy lives.' (amazon.com)
- Paul Tough's new book "Helping Children Succeed: What Works and Why" for free. (amazon.com)
Finance
- Lending Club's ($LC) returns have fallen of late. (wsj.com)
- Forex trading is an increasingly automated market. (bloomberg.com)
Funds
Economy
- Weekly initial unemployment claims continue to trend well below 300k. (calculatedriskblog.com)
- Is the Fed to blame for the economy's malaise? (fortunefinancialadvisors.com)
Earlier on Abnormal Returns
- Longform links: multiple perspectives. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- How much attention should you pay to what McKinsey has to say about the markets? (abnormalreturns.com)
