Book notes: Connection is not communication. Insights from Larry Rosen’s The Distracted Mind: Ancient Brains in a High-Tech World. (Marketwatch)
Quote of the Day
"Perhaps a key to trading success is not controlling one's emotions, but learning to view and respond to the financial world in novel ways."
(Brett Steenbarger)
Chart of the Day
“One of the best hedges for rising interest rates in the U.S. is Japanese equity exposure. Japanese companies are very exposed to the U.S. economy—it is one of their biggest profit centers.”
Markets
- The stock market is overvalued but not expensive. (alephblog.com)
- How much more can developed markets run? (blog.gavekalcapital.com)
- What if the US dollar reverses? (marketanthropology.com)
Strategy
- Fran Kinniry, "Intuition and nostalgia are enemies of your investment success." (vanguardblog.com)
- Picking money managers is hard. (awealthofcommonsense.com)
- How investors use (and abuse) smart beta strategies. (bpsandpieces.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 "Born to Run" by Bruce Springsteen. (amazon.com)
- Amazon is pushing hard into voice powered-computing with the new Dot. (amazon.com)
Companies
Finance
- Did Leon Cooperman commit insider trading? The question is complicated... (bloomberg.com)
- The IPO business is slow, slow, slow... (wsj.com)
Global
- On the challenges of running the world's largest sovereign wealth fund (Norway). (economist.com)
- The investment opportunity in Argentina. (ft.com)
Economy
- The Chicago Fed National Activity Index shows continued below trend growth for August. (capitalspectator.com)
- Weekly initial unemployment claims are at record lows. (calculatedriskblog.com)
- Economic professors have it too good. (bloomberg.com)
Earlier on Abnormal Returns
- Longform links: subterranean mineral deposits. (abnormalreturns.com)
- Q&A with Eddy Elfenbein on the launch of the Advisorshares Focused Equity ETF ($CWS). (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- My contribution to the "Most Important Charts in the World" on yield-seeking. (businessinsider.com)
