Book review: Spencer Jakab’s Heads I Win, Tails I Win “provides a plain-spoken and accessible starting point for busy part-timers anxious to improve their odds.” (Barron’s)
Quote of the Day
"AirPods are a very big deal."
(Neil Cybart)
Strategy
- The right way to piggyback on a hedge fund's positions. (medium.com)
- The yield advantage to high dividend ETFs has disappeared. (twitter.com)
- The danger of having too many goals. (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)
Companies
- Why Warren Buffett is buying capital-intensive businesses. (bloomberg.com)
- Why it makes sense to revive old brands. (economist.com)
Hedge funds
- Why are there so few female hedge fund managers? (businessinsider.com)
- Three lessons from Warren Buffett's bet against hedge funds. (beta.morningstar.com)
- Hedge funds are on the hunt for new alternative data sources. (wsj.com)
Funds
- So much for the trope that active management works in emerging markets. (ft.com)
- More indexing will not necessarily lead to more opportunities for active managers. (pragcap.com)
- The downside of high volatility active managers. (bpsandpieces.com)
Economy
Earlier on Abnormal Returns
- Startup links: capital oversupplied. (abnormalreturns.com)
- Investing tribes and the paradox of choice. [rebroadcast] (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
Apple
- The Apple ($AAPL) iPhone 7 is worth the upgrade. (nytimes.com)
- Apple is now the leading camera company in the world. (daringfireball.net)
- The new Apple ($AAPL) AirPods work great. (wsj.com)
- Apple ($AAPL) is not a software company at its core. (qz.com)
