Book review: Brad Feld writes “if love a great non-fiction book that reads like a novel, A Truck Full of Money [by Tracy Kidder] should be the next book you read.” (Medium
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Quote of the Day
"The habits and skills that help smart people succeed in their jobs and recreational life actually mislead them when it comes to investing!"
(Jeffrey Miller)
Markets
- August was a mixed bag for major asset classes. (capitalspectator.com)
- TAA model performance in August. (allocatesmartly.com)
Strategy
- Big returns come with big drawdowns. (howardlindzon.com)
- Top down analysis is rarely useful. (ft.com)
- Patience means different things to different investors. (fmdcapital.com)
Offers
- Try Audible.com and two free books including "Grit" by Angela Duckworth. (amazon.com)
- Get an Amazon Fire TV for $15 off. (amazon.com)
- Trade in your old Kindle and get an Amazon gift card and $20 bonus. (amazon.com)
Companies
Finance
- When meta-knowledge becomes insider trading. (brontecapital.blogspot.com)
- 'Speed bumps' are now a competitive tool for exchanges. (bloomberg.com)
- Wall Street's surveillance of its traders is getting increasing sophisticated (and intrusive). (bloomberg.com)
- Citadel Securities has become a big player in the swaps market. (bloomberg.com)
Funds
- There are no signs of complacency at Vanguard. (beta.morningstar.com)
- Computerized trading need not be high frequency. (bloomberg.com)
- A brief history of smart beta. (canadiancouchpotato.com)
Amazon
- Ten Amazon-branded products worth buying. (businessinsider.com)
- Including the Amazon Basics Portable Power Banks. (amazon.com)
Global
Economy
- Federal tax withholdings point toward stronger growth. (ritholtz.com)
- Weekly initial unemployment claims are trending at low historical levels. (calculatedriskblog.com)
- America needs more sociologists not economists. (bloomberg.com)
Earlier on Abnormal Returns
- Longform links: the investor's predicament. (abnormalreturns.com)
- Twitter reactions to the laughable ideas in finance. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Investing tribes and the paradox of choice: my post up at the Enterprising Investor blog. (blogs.cfainstitute.org)
- What idea in finance today, that we hold to be true, will seem laughable in 100 years? (abnormalreturns.com)







