Book Q&A: Jonathan Clements talks about his new book How to Think About Money. (Vanguard)
Quote of the Day
"It’s not an exaggeration to say a 22-year-old analyst today has more information and conceptual investment knowledge than most Ivy League finance professors did a century ago."
(Morgan Housel)
Markets
- Why portfolio managers are nervous going into year-end. (thereformedbroker.com)
- Passive has won. Why you should think active. (medium.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
- The end of Twitter ($TWTR) as an independent entity may finally be near. (businessinsider.com)
- How Wal-Mart ($WMT) should integrate Jet.com. (bloomberg.com)
- Apple ($AAPL) is building a Siri-powered Amazon ($AMZN) Echo competitor. (bloomberg.com)
- The auto industry has challenges to meet before autonomous cars become ubiquitous. (strategy-business.com)
Finance
- KKR ($KKR) is trying to become more family-friendly. (wsj.com)
- Nuveen is getting into the ETF business with the NuShares Enhanced Yield U.S. Aggregate Bond ETF ($NUAG). (etf.com)
- Can the big banks still make money? (ftalphaville.ft.com)
- A new high speed trader is entering the US ETF business. (bloomberg.com)
- If fintech about disruption or acquisition? (businessinsider.com)
Earlier on Abnormal Returns
- Podcast links: the rise of pre-commerce. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Q&A with Eddy Elfenbein on the launch of the Advisorshares Focused Equity ETF ($CWS). (abnormalreturns.com)
- My contribution to the "Most Important Charts in the World" on yield-seeking. (businessinsider.com)
