Book list: 14 must-read books for the Summer including Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley by Antonio García Martínez. (Wired)
Quote of the Day
"Do you think Schwab and iShares would be offering products for 0.04% if Vanguard wasn’t around?"
(James Osborne)
Markets
- Only one S&P 500 sector is down for the past decade. (thereformedbroker.com)
- Somehow European bond yields continue to fall. (wsj.com)
- Why would anyone buy Illinois' muni bonds? (bloomberg.com)
Offers
- Angela Duckworth's "Grit: The Power of Passion and Perseverance" for free. (amazon.com)
- Sonos speakers don't often go on sale. Now they are: (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
Finance
- Do you really want to hire a guy in jeans and a t-shirt to sell your company? (ft.com)
- How a CFA affects future earnings. (bloomberg.com)
- A discussion with Brad Katsuyama CEO of IEX Group. (businessinsider.com)
Hedge funds
- Hedge funds are delusional. (mebfaber.com)
- On the difference between hedge funds and venture capital. (marketfolly.com)
Funds
- 2016's biggest ETF launches to-date. (etf.com)
- Active managers need to shed $10 trillion of AUM. (bloomberg.com)
- Should we have term limits for fund directors? (wsj.com)
- The panoply of bond funds. (blogs.wsj.com)
Economy
- The slope of the yield curve continue to decline. (econbrowser.com)
- There's never been a better time to be a home buyer. (awealthofcommonsense.com)
Earlier on Abnormal Returns
- Personal finance links: avoiding ACH fraud. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Carl Richards had some nice things to say about our 10:10 Campaign. (behaviorgap.com)
Mixed media
