Book adaptation: Baruch Lev and Feng Gu authors of The End of Accounting and the Path Forward for Investors and Managers argue that accounting no longer measures company performance. (WSJ)
Quote of the Day
"Try and keep an open mind about past performance when it comes to betting on people and ideas."
(Howard Lindzon)
Strategy
- Investing successfully is about living in the grey area. (bpsandpieces.com)
- What sort of evidence should an evidence-based investor pay attention to? (evidenceinvestor.co.uk)
Offers
- Modern Trader magazine hits its stride with the latest issue on managed futures. (moderntrader.com)
- Sign up for Audible.com and get two free books including Hope Jahren's "Lab Girl." (amazon.com)
- Still haven't caught up with "Billions" or "Roadies" on Showtime. Start a free-trial now! (amazon.com)
Finance
Funds
- Now Fidelity is engaged in a fee war with Vanguard. (wsj.com)
- Make sure you know what factors your multi-factor ETF is using. (markovprocesses.com)
Global
- CTAs came through Brexit just fine. (managed-futures-blog.attaincapital.com)
- How big money missed on Brexit. (strategy-business.com)
Economy
- Will aging Millennials offset the retirement of Baby Boomers? (awealthofcommonsense.com)
- Why states are cracking down on onerous non-compete clauses. (nytimes.com)
Earlier on Abnormal Returns
- Personal finance links: the next five days. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Originality, Bridgewater and Brexit. (abnormalreturns.com)
