Book excerpt: Winning at Active Management: The Essential Roles of Culture, Philosophy, and Technology
online pharmacy purchase solosec online no prescription
by Priest, Bleiberg, Welhoelter and Keefe. (Barron’s)
Quote of the Day
"Corporate governance arrangements that work when a founder is 30 may not work terribly well when that person is 93. To put it another way, people and founders change."
(Steven Davidoff Solomon)
Markets
- Markets are wicked quiet. (bloomberg.com)
- The rise, fall and rebound in 3-D printing stocks has been astounding. (ivanhoff.com)
- European stocks are pulling back. (humblestudentofthemarkets.blogspot.com)
- Grain market are just brutal. (climateerinvest.blogspot.com)
Strategy
- Why you don't want your alternative assets to be the best performers in your portfolio. (alphabaskets.com)
- The alpha paradox is hard to avoid. (pragcap.com)
Low vol
- WD40 ($WDFC) is a perfect example of investor bidding up stable companies. (intrinsicinvesting.com)
- More evidence that low vol stocks are way overvalued. (beta.morningstar.com)
- Big energy stocks are going to have to cut their dividends. (bloomberg.com)
- Are low yields to blame for the relative performance of low vol strategies? (fortunefinancialadvisors.com)
- Another sign that investors LOVE dividends. (blogs.wsj.com)
Offers
- The Alexa-enabled Amazon Tap is still $15 off. (amazon.com)
- Sign up for Audible.com and get two free audiobooks including "Deep Work" by Cal Newport. (amazon.com)
Managers
- Meet the manager who is in sync with the Brooklyn Investor. (brooklyninvestor.blogspot.com)
- How various TAA strategies performed in July. (allocatesmartly.com)
Funds
- Two hedge fund managers are hoping to make a killing on a legal clause. (wsj.com)
- Changing money market fund regulations are likely going to cause a shift to short-term bond ETFs. (fmdcapital.com)
- Commodity professionals don't use the Crude Oil ETF ($USO). (managed-futures-blog.attaincapital.com)
Economy
- Chemical activity still looks A-OK. (valueplays.net)
- The housing industry is fine shape. (nytimes.com)
- A look at some recession forecasting models. (clevelandfed.org)
- Driving has picked up but is nowhere near record per-capita levels. (bloomberg.com)
- Productivity is probably being mismeasured. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: parental investing. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
