Book Q&A: Some questions for Adam Butler co-author of Adaptive Asset Allocation: Dynamic Global Portfolios to Profit in Good Times – and Bad. (Alpha Architect)
Quote of the Day
"For cost-conscious investors, the fund battle has been largely won—and today’s focus should be less on saving an additional 0.01% and, instead, we should devote our energies to the biggest investment cost of all, which is taxes."
(Jonathan Clements)
Chart of the Day

The Brexit sell-off was bad but the market is not all that oversold.
Markets
- Feel skittish about European stocks? That is probably a good sign. (blogs.wsj.com)
- When markets are more volatile, trading time moves faster. (traderfeed.blogspot.com)
- How much, if at all, should you weight Brexit in your investment process? (dashofinsight.com)
Offers
- Modern Trader magazine hits its stride with the latest issue on managed futures. (moderntrader.com)
- Still haven't caught up with "Billions" or "Roadies" on Showtime. Start a free-trial now! (amazon.com)
- Sign up for Audible.com and get two free books including Jonah Berger's Invisible Influence: The Hidden Forces That Shape Behavior Audible." (amazon.com)
Companies
- Trigger is IFTT for the financial markets. (businessinsider.com)
- Spotify now has 100 million active users. (theverge.com)
Funds
- Questions to ask before investing in a hedge fund. (charlessizemore.com)
- Low-vol ETFs held up well on Friday. (blogs.barrons.com)
The Kindle
- The new entry-level Amazon ($AMZN) Kindle is thinner, lighter and comes in white. (arstechnica.com)
- You can get the all new Kindle here: (amazon.com)
Global
- The UK had the best of both worlds and threw it away. (monevator.com)
- What steps need to occur for Brexit to actually happen. (vox.com)
- The Mexican peso has had a horrible year-to-date. (qz.com)
Economy
- Mortgage rates are at near all-time lows. (calculatedriskblog.com)
- What CEOs had to say about the economy this week. (avondaleam.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Managed futures 101: the quest for crisis alpha. (abnormalreturns.com)
- A Q&A with Tobias Carlisle about his new book " Concentrated Investing: Strategies of the World’s Greatest Concentrated Value Investors." (abnormalreturns.com)