Book review: Norm Macdonald’s Based on a True Story is “the best new book I’ve read this year or last.” (WSJ)
Quote of the Day
"The most reliable path to success is to gain an exponential advantage in some area. That can only happen if you start with the stuff you are best at and build on it."
(Patrick O'Shaughnessy)
Markets
- Commodities led the way in major asset class performance in September. (capitalspectator.com)
- How various asset allocation strategies performed in September. (allocatesmartly.com)
Offers
- Buy the all new Amazon Fire TV stick and get $65 in content free. (amazon.com)
- Try Audible.com and get two free audiobooks including the new memoir by Bruce Springsteen, "Born to Run." (amazon.com)
- If you've read "Thinking Fast and Slow" you will likely want to read Michael Lewis' forthcoming "The Undoing Project: A Friendship That Changed Our Minds." (amazon.com)
- The Amazon Tap portable Alexa-powered speaker is currently $30 off. (amazon.com)
Companies
- A look at the empire that is Liberty Media. (barrons.com)
- Costco ($COST) indirectly sells A LOT of cars annually. (businessinsider.com)
Finance
- Some small cap stocks will begin trading today in $0.05 increments. (wsj.com)
- The buyback boom is fizzling out. (wsj.com)
IPOs
- Tech IPOs had a big September. (blogs.wsj.com)
- The IPO process is broken. (howardlindzon.com)
- A few recent IPOs to watch. (ivanhoff.com)
Funds
- Janus ($JNS) is merging with Henderson Global. (bloomberg.com)
- Two factors that indicate future outperformance. (institutionalinvestor.com)
- Index funds are leading the emerging markets fund race in 2016. (citywireusa.com)
- The availability heuristic and the continued existence of active management. (timmaurer.com)
Wireless headphones
- Fred Wilson, "If you are in the market for a new wireless headphone, check out the Bose Quiet Comfort 35s. You won’t regret it." (avc.com)
- Get the Bose Quiet Comfort 35s here: (amazon.com)
Economy
Earlier on Abnormal Returns
- Research links: exploitable anomalies. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What books Abnormal Returns purchased in September 2016. (abnormalreturns.com)
