Book notes: Why we should think of our bodies as a big bag of micro organisms. Insights from Rodney Dietert’s new book, The Human Superorganism: How the Microbiome Is Revolutionizing the Pursuit of a Healthy Life. (Pacific Standard)
Quote of the Day
“There is no point being efficient and hiring for a very detailed job description if the job changes every day.”
(Vaughn Tan)
Chart of the Day
Check out the spread in recent returns between health care and utilities.
Strategy
- If individual investors sold after 2008, who bought? (beta.morningstar.com)
- What happens when you follow a mean-reversion strategy and markets don't mean revert? The case of GMO. (institutionalinvestor.com)
Energy
- Nobody really knows how much oil is in storage around the world. (technologyreview.com)
- Spencer Jakab, "Investing in sand is a bet that hydraulic fracturing or fracking will rebound." (wsj.com)
Offers
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
- Start a free-trial for Amazon Prime and get access to a wealth of video and music. (amazon.com)
- Mesh wi-fi is the new start of the art for home wireless internet. Check out eero now: (amazon.com)
Companies
- Why Verizon ($VZ) overpaying for Yahoo ($YHOO) core. (fortune.com)
- Sponsored content rules at Facebook ($FB). (nytimes.com)
- The American mall is undergoing a fundamental shift. (bloomberg.com)
Finance
- The red flags are flying in this story about a hedge fund manager. (awealthofcommonsense.com)
- On the plunge in non-traded REIT sales. (thereformedbroker.com)
- On the risks facing Deutsche Bank. (businessinsider.com)
- The online lenders have seen a huge drop in valuations. (ftalphaville.ft.com)
ETFs
- A look at 9 landmark smart beta ETFs. (etf.com)
- The smart beta ETF wave has reached Europe. (institutionalinvestor.com)
- Buying an ETF company may not help legacy fund managers. (blogs.barrons.com)
- ETF statistics for June 2016. (investwithanedge.com)
Economy
- New home sales surged in June. (calculatedriskblog.com)
- Chemical industry activity is still robust. (valueplays.net)
- Restaurant activity has turned for the worse. (thereformedbroker.com)
- How long can Fed doves hold their ground? (bloomberg.com)
Wireless headphones
- The ten best wireless headphones. (businessinsider.com)
- The Sennheiser PXC 550 Wireless headphones are the best sounding of the bunch. (amazon.com)
Earlier on Abnormal Returns
- Startup links: enormous outcomes. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
