Book list: 17 books the CEO of Jefferies recommends to interns including The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. (Yahoo Finance)
Quote of the Day
"No matter what kind of investor you are, there is going to come a point in time when you question your own conviction. When that time comes, remember why you chose to invest the way you did by revisiting the evidence that supported it in the first place."
(Phil Huber)
Markets
- Biotech stocks are surging. (dragonflycap.tumblr.com)
- Grain prices are at historic lows. (jlfmi.tumblr.com)
Strategy
- 2016 is the year of the value stock. (dashofinsight.com)
- Turn your TV off. The stories told are a big distraction. (alphabaskets.com)
Offers
- Adding Showtime, Starz or SEESO, to your Amazon Prime account is simple. Sign up here: (amazon.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
- Mesh wi-fi is the new start of the art for home wireless internet. Check out eero now: (amazon.com)
Companies
Funds
- AAII's 2016 guide to Exchange Traded Funds (ETFs). (aaii.com)
- Prime money market funds continue to see big withdrawals. (wsj.com)
- Alternative weighting schemes have come to core bond ETFs. (beta.morningstar.com)
- State Street ($STT) is closing a dozen ETFs including two BRIC funds. (blogs.barrons.com)
Economy
- Weekly initial unemployment claims continue to run along at low levels. (calculatedriskblog.com)
- Keep an eye on rental rates. (thereformedbroker.com)
- How retirements affect productivity, negatively. (wsj.com)
- College degree holders dominate the gig economy. (bloomberg.com)
Earlier on Abnormal Returns
- Longform links: misspent capital (abnormalreturns.com)
- Gary Antonacci listed Abnormal Returns among his list of "Useful Investment Blogs." (dualmomentum.net)
- Come check us out at two of the Autumn's best financial conferences. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- I recently did an interview with AdvisoryHQ.com. (advisoryhq.com)
- What books Abnormal Returns readers purchased in July 2016. (abnormalreturns.com)
