Book review: Messy: The Power of Disorder to Transform Our Lives by Tim Harford is his “best and deepest work.” (Marginal Revolution)
Quote of the Day
"The utilization of trusted filters in investing – and in life – can be the difference between drinking from a fire hose and drinking from a water fountain."
(Phil Huber)
Markets
- The safe stock reversal is here. (blog.abglobal.com)
- Tech is the new utilities. (capitalspectator.com)
- Lower for the longer: is the tide turning? (monevator.com)
Strategy
- The three most important questions in investing. (pensionpartners.com)
- Ben Carlson, "The whole point of a checklist is to plan things out in advance so you know how to react." (awealthofcommonsense.com)
Quantitative Momentum
- "Quantitative Momentum" reviews the research and prospects for individual stock momentum. (blog.alphaarchitect.com)
- Get the new book from Wes Gray and Jack Vogel "Quantitative Momentum" at a big discount here: (amazon.com)
Companies
- SnapChat is planning a big 2017 IPO. (wsj.com)
- Warren Buffett is going to have another pile of cash to invest as Mars takes control of Wrigley. (nytimes.com)
- Why Twitter ($TWTR) should remain independent. (techcrunch.com)
- It would be tough to shut down all the Sears and Kmart stores. (bloomberg.com)
Finance
- Why Janus Capital ($JNS) is a value stock. (beta.morningstar.com)
- Is Deutsche Bank ($DB) now a buy? (aswathdamodaran.blogspot.com)
- Merrill Lynch is getting rid of commission-based business in its IRAs. (thereformedbroker.com)
- T+2 is coming! (allaboutalpha.com)
Funds
- Here's how much the ETF industry makes. (etf.com)
- The parallels between automation and indexing. (finance.yahoo.com)
- The ETF war continues: Charles Schwab ($SCHW) cuts fees on five ETFs. (wsj.com)
Economy
- September represented another decent jobs report. (calculatedriskblog.com)
- Trucking companies are having a hard time attracting drivers. (marginalrevolution.com)
Offers
- Prime members can get at least $30 off of a new Kindle reader. (amazon.com)
- Buy the new Amazon Fire TV stick and get $65 in content free (amazon.com)
- The Amazon Tap portable Alexa-powered speaker is currently $30 off. (amazon.com)
Earlier on Abnormal Returns
- Podcast links: automated bond trading. (abnormalreturns.com)
- A nice shout out for Abnormal Returns talking about "trusted filters." (bpsandpieces.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- What questions could we answer with 10,000 years of smart beta data? (abnormalreturns.com)
- What books Abnormal Returns purchased in September 2016. (abnormalreturns.com)
