Book list: Books Tim Harford author of Adapt: Why Success Always Begins with Failure read in June including Algorithms to Live By: The Computer Science of Human Decisions. (Tim Harford)
Quote of the Day
"Deal with it; tribes are a major influence upon the choices we make. Joining the right one to manage your investments is a decision you should not take lightly."
(Anthony Isola)
Markets
- Stocks beat bonds last week. (capitalspectator.com)
- Why you can't look at a simple valuation measure like P/E in a vacuum. (finance.yahoo.com)
- More cautionary words about the current bond market. (institutionalinvestor.com)
- This indicates a strong economy. (disciplinedinvesting.blogspot.com)
Peter Lynch
- Did Peter Lynch's tenure at Magellan actually generate alpha? (thepfengineer.com)
- Why you need to look closely at even the best track records. (awealthofcommonsense.com)
Strategies
- How much should you have in emerging market equities? (nytimes.com)
- On the value of combining different momentum metrics. (systematicrelativestrength.com)
- Why writing makes you a better investor. (fmdcapital.com)
Offers
- Subscribe to Modern Trader magazine and get 4 big bonus offers. (moderntrader.com)
- Try Audible.com and get two free books like "Originals" by Adam Grant. (amazon.com)
- Hey Trekkies! Sign up for Amazon Prime and get access to The Star Trek Collection on Amazon Instant Video. (amazon.com)
Companies
- Softbank to acquire chipmaker ARM Holdings ($ARMH). (next.ft.com)
- Where does Arm fit in Softbank's portfolio? (qz.com)
Finance
- Hedge fund of funds are leaking assets for a very good reason. (thereformedbroker.com)
- Bridgewater Associates is tapping the brakes. (nytimes.com)
Global
- Coups generally don't depress economic growth. (bloomberg.com)
- Ireland is pinning its hope for growth on US companies. (wsj.com)
- Another consequence of globalization: bad moods spread. (bloomberg.com)
- Housing bubbles are popping up around the globe. (wsj.com)
Economy
- New home builders are still positive on their prospects. (calculatedriskblog.com)
- Farm incomes are falling. (mrzepczynski.blogspot.com)
Earlier on Abnormal Returns
- Research links: reliance on models. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
Mixed media
- Our memories are faulty, yet we somehow survive. (farnamstreetblog.com)
- The drive to discover is deeply ingrained in humans. (scientificamerican.com)
- Benjamin Hardy, "Boundless opportunity comes to those who are thriving in their current situation. Not for those resentfully wishing things were different." (medium.com)
