Book list: A summer reading list for financial advisors including Essentialism: The Disciplined Pursuit of Less by Greg McKeown. (Nerd’s Eye View)
Quote of the Day
"Language frames our problems and language frames our opportunity set. I strongly suspect there are no markets devoid of opportunity; only impoverished mindsets."
(Brett Steenbarger)
Chart of the Day
Over the past fifteen years bonds have crushed stocks. (via @MktOutperform)
Strategy
- Markets rotate. (crossingwallstreet.com)
- Everyone makes the "big call" about the next recession. (dashofinsight.com)
- Why Joel Greenblatt would prefer to own "a bucket of Apples ($AAPL)" versus "a bucket of Teslas ($TSLA)." (cnbc.com)
Offers
- Sonos speakers don't often go on sale. Now they are: (amazon.com)
- Angela Duckworth's "Grit: The Power of Passion and Perseverance" for free. (amazon.com)
- Who doesn't like to laugh? Then sign up for a free trial to SEESO 'where the best comedy lives.' (amazon.com)
Companies
- The self-storage stocks are a powerhouse. (fortunefinancialadvisors.com)
- The Twilio IPO could reopen things for tech stocks. (qz.com)
Finance
Funds
- AdvisorShares is making a change and it has nothing to do with performance. (blogs.wsj.com)
- The closed-end fund may be dead and buried. (barrons.com)
Global
Economy
- Are policy makers thinking about the next recession? (nytimes.com)
- Every year, even the best, have had bad monthly jobs reports. (calculatedriskblog.com)
- What CEOs said about the economy this week on conference calls. (avondaleam.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
- Women are working more and men less. (marginalrevolution.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Diversification, hindsight bias and leaving the past behind. (abnormalreturns.com)
- There's just 5 days left to order a limited edition Abnormal Returns t-shirt and provide $10 to charity. (abnormalreturns.com)
- There's a bunch of ways to support Abnormal Returns. Check out these affiliate offers. (abnormalreturns.com)
Mixed media
