Book review: Why we needed a second edition of David J. Abner’s The ETF Handbook: How to Value and Trade Exchange-Traded Funds.  (Reading the Markets)

Quote of the Day

"If you climb a mountain you are sure to have a few missteps along the way. But you keep going. You don’t stop and start over if you trip here or take the wrong path there. You keep going. You can’t remove that step. It happened, it’s part of the climb. And when the climb is done, you’ve finished. As long as you made it to the top, you don’t call the climb a mistake."

(Jason Fried)

Chart of the Day

Risk parity strategies have had a good 2016, YTD.

(bloomberg.com)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.