Book Q&A: Derek Thompson talks with Ryan Avent about his new book The Wealth of Humans: Work, Power and Status in the 21st Century. (The Atlantic)
Quote of the Day
"While ETFs are a net positive for investors -- and have arguably democratized investing -- they bring along some real dangers. Just because the wrapper is pretty doesn’t mean what it holds is."
(Eric Balchunas)
Strategy
- Active funds are sucking wind. (ft.com)
- Good luck trying to outperform the S&P 500 this quarter without Apple ($AAPL). (bloomberg.com)
Offers
- Michael Lewis' new book, "The Undoing Project" is available for pre-order now. (amazon.com)
- Try Audible.com and get two free audiobooks including "Shoe Dog" by Phil Knight. (amazon.com)
- Amazon is pushing hard into voice powered-computing with the new Dot. (amazon.com)
Companies
- Twitter's ($TWTR) NFL streaming experience was a success. (avc.com)
- Airpods are not just Bluetooth headsets: they are much more. (medium.com)
Finance
- Technology is only going to get more important in the RIA world. (awealthofcommonsense.com)
- Fee cutting is on the rise in hedgeistan. (reuters.com)
Funds
- Liquid alts were hot, then they were not. What next? (nytimes.com)
- JP Morgan is launching a Diversified Alternatives ETF ($JPHF). (citywireusa.com)
- ETF statistics for August 2016. (investwithanedge.com)
Global
Economy
Earlier on Abnormal Returns
- Podcast links: thinking about money. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Our September round-up of the month's book-related links. (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)
