Book list: 25 book recommendations from tech pioneers including including The End of Average: How We Succeed in a World That Values Sameness by Todd Rose. (Business Insider)
Quote of the Day
"Many people suspect that large swathes of the U.S. financial industry make money not by allocating capital to productive uses, or by helping people hedge their risks, but by tricking normal people, businesses and local governments into making poor decisions."
(Noah Smith)
Markets
Strategy
- Modern finance is being re-written before our very eyes. (thereformedbroker.com)
- How to think about checklists. (hurricanecapital.wordpress.com)
Offers
- You can't take advantage of Amazon Prime Day if you aren't a member. (amazon.com)
- Subscribe to Modern Trader magazine and get 4 bonus offers. (moderntrader.com)
- Try Audible.com and get two free books like "Smarter Faster Better" by Charles Duhigg. (amazon.com)
Finance
- How Puerto Rico beat the hedge funds. (slate.com)
- How to figure out which stocks are 'hedge fund hotels.' (abwinsights.com)
Funds
- How Fidelity is positioning its index offerings. (advisorperspectives.com)
- How did risk parity funds perform during Brexit? (ai-cio.com)
- Congratulations on one year for Portfolio Charts. (portfoliocharts.com)
- The top 10 ETF blogs. (etfdb.com)
Economy
- Evidence that higher wages are finally here. (marketwatch.com)
- The Fed's doves likely regret 'taking one for the team' last December. (economistsview.typepad.com)
- Building a better recession estimate by combining Nowcasts. (capitalspectator.com)
Earlier on Abnormal Returns
- Startup links: private fabrications. (abnormalreturns.com)
- Amazon's big fake holiday sale, Prime Day, is here. (abnormalreturns.com)
- The cost matters consensus. (abnormalreturns.com)
- It's hard enough finding a factor that works. Why would you try and time it? (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- The big mid-summer Abnormal Returns book giveaway is now live. Enter now! (abnormalreturns.com)
