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)
Strategy
- Pundits have to explain Friday's market drop: it's their job. (dashofinsight.com)
- Short-term trading is a hard way to build long-term wealth. (investingcaffeine.com)
- Simon Lack, "A skillful GP generates MLP returns just sufficiently attractive to keep investors returning, but anything in excess is wasteful." (sl-advisors.com)
Offers
- Amazon Prime Student is currently 50% off. A great resource for college kids. (amazon.com)
- Try Audible.com and get two free audiobooks including "Shoe Dog" by Phil Knight. (amazon.com)
- The Amazon Tap portable, Alexa-powered speaker is now just $99.99. (amazon.com)
- Michael Lewis' new book, "The Undoing Project" is available for pre-order now. (amazon.com)
Apple
- Apple ($AAPL) is reportedly rethinking its car efforts. (nytimes.com)
- Is Apple ($AAPL) a growth or a value stock? (barrons.com)
- Some thoughts on this week's Apple ($AAPL) iPhone 7/Watch 2 event. (daringfireball.net)
- What two cameras gets you on a smartphone (macworld.com)
- The era of "voice computing" is here. (medium.com)
- The AirPods are cool. (sixcolors.com)
- 8 Mac menu bar apps you need. (medium.com)
Funds
Economy
- When mediocrity takes hold. (ft.com)
- What CEOs had to say about the economy this week. (avondaleam.com)
- A succinct summary of the week's important economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
