Book review: Streaming, Sharing, Stealing: Big Data and the Future of Entertainment by Michael D. Smith and Rahul Telang document a new era for entertainment. (FT)
Quote of the Day
"There isn’t a [hedge] manager out there who isn’t thinking about lowering fees..."
(David Saunders)
Markets
- How to invest in the face of a 'bear steepening.' (dashofinsight.com)
- The case for energy stocks. (businessinsider.com)
Strategy
- A dozen lessons learned from Howard Marks' "The Most Important Thing." (25iq.com)
- There is no perfect valuation metric including EBITDA. (investingcaffeine.com)
Offers
- You can now get Robert Cialdini's highly anticipated second book "Pre-Suasion: A Revolutionary Way to Influence and Persuade." (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)
Apple
- Why everyone's buying Apple ($AAPL) stock. (time.com)
- Nilay Patel, "The iPhone 7 and 7 Plus are deeply unusual devices." (theverge.com)
Finance
Funds
- How the PureFunds ISE Cyber Security ETF ($HACK) attracted $1.4 billion in assets in less than a year. (bloomberg.com)
- Fund closings dominate the ETF statistics for August 2016. (investwithanedge.com)
- Low vol ETFs have been big asset gainers in 2016. (ft.com)
- Vanguard is attracting assets on the active side as well. (bloomberg.com)
Economy
- What CEOs had to say about the economy this week. (avondaleam.com)
- A succinct summary of the week's 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)