Book notes: Yefei Lu’s Inside the Investments of Warren Buffett: Twenty Cases takes a case study approach to Berkshire Hathaway. (Reading the Markets)
Quote of the Day
"When I think of investing and trading, I think marathon, not sprint. There is no “instant gratification” in this endeavor. It is a craft refined over a long time. "
(Kevin Lane)
Markets
Strategy
- Ignore all talk about 'Clinton stocks' or 'Trump stocks.' (marketwatch.com)
- Do not invest based on any single NFP report. (thereformedbroker.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
- In the end Tesla ($TSLA) shareholders are betting on Elon Musk. (nytimes.com)
- Why Viacom ($VIA) needs to take some strategic risks. (recode.net)
- T-Mobile ($TMUS) has caught up with Verizon ($VZ) on network speed. (fool.com)
- Apple ($AAPL) wants to build the next TV Guide. (recode.net)
Finance
- Why wealth management profits are under pressure. (finance.yahoo.com)
- On the "sordid and petty nature" of insider trading. (bloomberg.com)
Funds
- Index does not necessarily mean low cost. (vanguardinstitutionalblog.com)
- Firing a manager is more about expectations than performance. (mullooly.net)
- How indexing scales. (vanguardblog.com)
Economy
Earlier on Abnormal Returns
- Podcast links: sudden acceleration. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (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)
- I recently did an interview with AdvisoryHQ.com. (advisoryhq.com)
- What books Abnormal Returns readers purchased in July 2016. (abnormalreturns.com)
