Book notes: Why we should re-consider the power of mess via Tim Harford’s Messy: The Power of Disorder to Transform Our Lives. (Quartz)
Quote of the Day
"Wall Street is woefully behind analyzing the intangible corporation and one of the many reasons that indexing has continued to outgun the hedge funds and active managers."
(Howard Lindzon)
Markets
- Emerging market equities ruled the past week. (capitalspectator.com)
- If you are not humble in the face of the size and complexity of the global financial markets you are not paying attention. (theirrelevantinvestor.com)
Strategy
- Even being a passive investor is hard work. (fmdcapital.com)
- Why we seek out alternative strategies post-bear market. (thereformedbroker.com)
- The challenge of market timing. (awealthofcommonsense.com)
Offers
- 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)
- Buy the 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)
- Prime members can get at least $30 off of a new Kindle reader. (amazon.com)
- The Amazon Tap portable Alexa-powered speaker is currently $30 off. (amazon.com)
Finance
- Why you should expect to see more asset management mergers. (bloomberg.com)
- The activist wave has crested. (ft.com)
- Algorithmic trading is narrowing bid-ask spreads in the forex market but is increasing the risk of big gaps. (ftalphaville.ft.com)
Bonds
Funds
- A Q&A with Eddy Elfenbein portfolio manager of the AdvisorShares Focused Equity ETF ($CWS). (wsj.com)
- JPMorgan Diversified Alternatives ETF ($JPHF) provides one-stop shopping for alt strategies. (wsj.com)
Economy
- The US economy in 2016 is playing out pretty much as expected. (calculatedriskblog.com)
- Oliver Hart and Bengt Holmström are the winners of the 2016 Nobel Prize in Economics. (bloomberg.com)
Earlier on Abnormal Retjrns
- Research links: excessive corporate short-termism (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
