Book list: Five books for novice investors including The Dhando Investor: The Low-Risk Value Method to High Returns by Monish Pabrai. (InvestorPlace)
Quote of the Day
“It’s tougher to be a hedge fund investor than ever before.”
(Julian Robertson)
Markets
- How interest rates affect stock market performance. (awealthofcommonsense.com)
- Stock-bond correlations have spiked recently. (priceactionlab.com)
- The yield curve is steepening. (capitalspectator.com)
Strategy
- The All-Weather Portfolio is having a standout year. (nasdaq.com)
- Why you shouldn't invest like Yale. (alphabaskets.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)
Finance
- Technology is likely to shrink finance's share of the economy. (bloomberg.com)
- Quants are now applying their skills to insurance underwriting. (wsj.com)
Funds
- Strategic beta ETPs continue to mushroom. (beta.morningstar.com)
- Bill Miller wants to get back to his money management roots. (blogs.wsj.com)
Amazon Echo
- Amazon's ($AMZN) plan is to get into homes with Alexa-powered speakers like the Echo and Dot. (bloomberg.com)
- You can get the Amazon Dot here: (amazon.com)
Global
- Why Germany will have to rescue Deutsche Bank. (marketwatch.com)
- An aging population is a drag on Canada's economy. (bloomberg.com)
Economy
- Chemical activity showed nice growth in September. (calculatedriskblog.com)
- Trucking activity surged in August. (calculatedriskblog.com)
- The US will survive this dismal Presidential campaign. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: higher expectations. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
