Book list: Two books on money you should get including Jonathan Clements’ How To Think About Money and Spencer Jakab’s Heads You Win, Tails You Win. (Forbes)
Quote of the Day
"When do you think we'll stop commemorating the anniversary of the Lehman Brothers bankruptcy? It is really amazing the extent to which the financial industry is still stuck in the shadow of 2008."
(Matt Levine)
Strategy
- The Lehman Brothers bankruptcy saw real market panic. (thereformedbroker.com)
- This list of investment mistakes will look familiar to many investors. (backland.typepad.com)
- Another lesson on the need for diversification. (alephblog.com)
Offers
- Michael Lewis' new book, "The Undoing Project" is available for pre-order now. (amazon.com)
- Try Audible.com and get two free audiobooks including "Shoe Dog" by Phil Knight. (amazon.com)
Companies
- Chipotle ($CMG) stock is still no bargain. (peridotcapital.com)
- Ranking the potential Twitter ($TWTR) acquirers. (recode.net)
- Why there is so much interest in biotechs with PARP candidates. (bloomberg.com)
Apple
- iMessage is now a mess. (gizmodo.com)
- The Apple ($AAPL) iPhone 7 is faster than any Mac Air. (daringfireball.net)
Finance
- The risk to the world's biggest global banks. (ftalphaville.ft.com)
- Change is slow in coming for core banking functions. (fastcompany.com)
Funds
- Why you should avoid leveraged and inverse ETPs. (beta.morningstar.com)
- Multi-asset funds often involve multiple fees. (evidenceinvestor.co.uk)
Alexa
- Amazon's Alexa-powered speakers are effortless. People like effortless. (ft.com)
- Amazon is pushing hard into voice powered-computing with the new Dot. (amazon.com)
Economy
Earlier on Abnormal Returns
- Longform links: a good process. (abnormalreturns.com)
- Our September round-up of the month's book-related links. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- You can now get a free look at the October 2016 issue of Modern Trader and much more. (abnormalreturns.com)
- Investing tribes and the paradox of choice. [rebroadcast] (abnormalreturns.com)
