Book Q&A: A talks with Tim Maurer author of Simple Money: A No-Nonsense Guide to Personal Finance about the difference between saving for retirement and financial independence. (The Evidence-Based Investor)
Quote of the Day
"The best recommendation I can give you is to stop reading forecasts from so-called gurus. One reason is that it’s important to understand that most of them aren’t really even in the business of forecasting. Instead, they are in the business of “fame.”"
(Larry Swedroe)
Chart of the Day
What happens after a big spike in the $VIX. See also Quantifiable Edges.
Rates
- The relative yield case for US Treasurys has disappeared. (bloomberg.com)
- The magnitude of negative interest rate investment grade bonds may blow you away. (ftalphaville.ft.com)
- So much depends on US Treasury rates. (marketwatch.com)
Markets
- Commodities had a good week last week. (capitalspectator.com)
- Natural resource diversification is a tough pill to swallow. (awealthofcommonsense.com)
- How do you know when your strategy is off track? (traderfeed.blogspot.com)
Offers
- Michael Lewis' new book, "The Undoing Project" is available for pre-order now. (amazon.com)
- 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 $99.99. (amazon.com)
Companies
- Tech stocks are still seriously overvalued. (deadcompanieswalking.tumblr.com)
- One stop fertilizer shopping: Agrium ($AGU) and Potash Corp. ($POT) to merge. (nytimes.com)
- Financials should be happy to be rid of REITs. (wsj.com)
- A look at Marissa Mayer's golden parachute. (fortune.com)
Hedge funds
- Private equity is pulling interest from hedge fund investors. (bloomberg.com)
- Bridgewater Associates attracts $22.5 billion in assets. (ft.com)
- The era of must-have hedge funds is coming to an end. (bloomberg.com)
- Och-Ziff ($OZM) has attracted an unusual activist investor. (businessinsider.com)
Funds
- Be wary of ETNs. (disciplinedinvesting.blogspot.com)
- Morningstar ($MORN) is upping its coverage of ETFs. (marketwatch.com)
Economy
Earlier on Abnormal Returns
- Research links: good outcomes. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
