Book Q&A: A discussion with Edgar Wachenheim III author of Common Stocks & Common Sense: The Strategies, Analyses, Decisions and Emotions of a Particularly Successful Value Investor. (Latticework)
Quote of the Day
"For cash-strapped twentysomethings, funding a 401(k) could be the smartest way to build up an emergency fund."
(Jonathan Clements)
Chart of the Day
At the height of the Dot Com Bubble tech made up some 34% of the S&P 500.
Markets
- Financials have joined the bull market party. (wsj.com)
- Q3 is going to be all about earnings. (dashofinsight.com)
- Utility stocks are bizonkers. (thefelderreport.com)
Strategy
- Traders fail when they start anticipating what the markets will do next. (traderfeed.blogspot.com)
- Brett Steenbarger, "Perhaps the best trading strategy of all is to live a fulfilling life outside of trading. If you don't need markets for your self-validation, you're less likely to seek those "good call" compliments, and you're less likely to make your profit/loss statement a barometer of your personal worth." (traderfeed.blogspot.com)
Offers
- Mesh wi-fi is the new start of the art for home wireless internet. Check out eero now: (amazon.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
- Adding Showtime, Starz or SEESO, to your Amazon Prime account is simple. Sign up here: (amazon.com)
Companies
- Every company is a tech company these days. (nytimes.com)
- A rare bright spot in the oil patch: Parsley Energy ($PE). (wsj.com)
- Why is Apple ($AAPL) selling four-year old computers? (theverge.com)
Finance
- Why are Bitcoin exchanges so hackable? (wsj.com)
- Square's ($SQ) lending business is booming. (recode.net)
- How Dell cobbled together the cash to buy EMC ($EMC). (nytimes.com)
Pokemon Go
- Pokemon Go has led to a surge in sales for battery packs. (theverge.com)
- You know you need one now. (amazon.com)
Global
Economy
- Chemical activity is at a new high. (scottgrannis.blogspot.com)
- What CEOs had to say about the economy this week. (avondaleam.com)
- A succinct summary of the economic week that was. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
- US farmland prices fell in 2016 for the first time in a long time. (bloomberg.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- Three proven steps to 'instant alpha.' (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
