Book notes: For the Warren Buffett/Charlie Munger completist: The Buffett Essays Symposium: A 20th Anniversary Annotated Transcript by Lawrence A. Cunningham. (Reading the Markets)
Quote of the Day
"Unpredictable volatility makes investors more susceptible to the “freakout factor”—when they suffer a loss big enough in their portfolio that it triggers an emotional, and often unproductive, move."
(Andrew Lo)
Strategy
- Low vol funds have crushed it in 2016. (ft.com)
- A super secret Twitter must-follow list of finance guys. (thefelderreport.com)
- The real problem with inflation-protected bonds. (canadiancouchpotato.com)
Offers
- Who doesn't like to laugh? Then sign up for a free trial to SEESO 'where the best comedy lives.' (amazon.com)
- Sonos speakers don't often go on sale. Now they are: (amazon.com)
- Paul Tough's new book "Helping Children Succeed: What Works and Why" for free. (amazon.com)
Finance
- The bear case for the hedge fund industry. (businessinsider.com)
- The worst analysts...ever. (bloomberg.com)
- Three top bond trading startups. (tradestreaming.com)
Funds
- Sustainable investing finally looks sustainable. (bloomberg.com)
- Ten trends in asset stewardship. (blogs.cfainstitute.org)
Economy
- James Hamilton, "Nevertheless, I doubt that $50 is high enough to reverse the decline in U.S. shale production." (econbrowser.com)
- They call it data for a reason. (calculatedriskblog.com)
Chromebooks
- Chromebooks are finally ready for prime time. (finance.yahoo.com)
- The Toshiba Chromebook 2 gets high marks from reviewers. (amazon.com)
Earlier on Abnormal Returns
- Research links: costly inversions. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
