Book review: Capital and the Common Good: How Innovative Finance Is Tackling the World’s Most Urgent Problems by Georgia Levenson Keohane shows how finance can be a source for good. (Reading the Markets)
Quote of the Day
"(U)nderstand that CNBC wants to make you poor and stupid. Turn it off."
(William Bernstein)
Markets
- The global capital markets experienced across the board gains last week. (capitalspectator.com)
- Q3 S&P 500 earnings are expected to show a drop. (crossingwallstreet.com)
- Whatever happened to the stock split? (economist.com)
Strategy
- Professional money managers really can't emulate Warren Buffett. (brontecapital.blogspot.com)
- Anthony Isola, "Predictions attract eyeballs; headlines repel returns." (tonyisola.com)
- Why it's so difficult to keep things simple in investing. (awealthofcommonsense.com)
Offers
- You can now pre-order Tim Harford's highly anticipated "Messy: The Power of Disorder to Transform Our Lives." (amazon.com)
- Try Audible.com and get two free audiobooks including the new memoir by Bruce Springsteen, "Born to Run." (amazon.com)
- Amazon's Alexa powered speakers like the $49 Dot show the power of 'voice computing.' (amazon.com)
Companies
- The publicly traded private colleges have been pretty much wiped out under the Obama administration. (buzzfeed.com)
- Amazon ($AMZN) is now the second largest apparel retailer in the US. (businessinsider.com)
- How would an acquiror make money on Twitter ($TWTR)? (ft.com)
- Why Disney ($DIS) should buy Twitter ($TWTR). (finance.yahoo.com)
Finance
- The CBOE ($CBOE) is buying BATS ($BATS). (wsj.com)
- Why (increased) diversity is so important for finance. (blogs.cfainstitute.org)
Funds
Streaming devices
- Where does the Apple ($AAPL) TV go from here? (fastcompany.com)
- Roku has unveiled a new lineup of streaming TV devices. (techcrunch.com)
- Don't forge the Amazon ($AMZN) Fire family of device is still out there. (amazon.com)
Economy
- Monetary policy is played out. It's time for fiscal policy to step up. (ft.com)
- Why American companies continue to shift production to Mexico. (bloomberg.com)
Earlier on Abnormal Returns
- Research links: sharper ratios. (abnormalreturns.com)
- What you missed in Sunday's linkfest. (abnormalreturns.com)
