Edgar Wachenheim III’s Common Stocks & Common Sense is a “solid book for all fundamental investors focused on stock-picking.” (Reading the Markets)
Quote of the Day
"Yet much of today’s economy is built on notions like “disruption” and pivoting, on making hasty escapes and cutting losses. From this perspective, there’s no point in archiving the past or dwelling on its minor revolutions; the problems they’re solving are always in the future."
(Hua Hsu)
Chart of the Day
Amazon ($AMZN) and Google ($GOOGL) are leaving Apple ($AAPL) in the dust.
Markets
- Why politics affects the markets... (crossingwallstreet.com)
- Global bond markets are selling off. (bloomberg.com)
- This coming week is historically the best one of the year. (lplresearch.com)
Strategy
- Why investors need to be 'contrarians' to succeed. (25iq.com)
- Books are a great shortcut to trading experience. (zentrader.ca)
Offers
- Fill your house with Alexa. Order 6 Echo Dots and one is free. (amazon.com)
- The Great One, Wayne Gretzy, has penned a memoir "99 Stories of the Game." (amazon.com)
- Amazon Prime Student is a lifeline for college kids. Get the first six months free! (amazon.com)
- Has Twitter ($TWTR) finally embraced its mission as a news-driven company? (buzzfeed.com)
- Why Vine died. (theverge.com)
Apple
- Why the Touch Bar was the right move. (techcrunch.com)
- Will anyone actually use the Touch Bar? (fastcompany.com)
Finance
- Google ($GOOGL) could become an investment powerhouse if they wanted to. (linkedin.com)
- One of these days DraftKings and FanDuel will merge. (engadget.com)
- Two fears are weighing on Lazard ($LAZ). (barrons.com)
- Bill Ackman is scrambling. (reuters.com)
Funds
- There is no point investing with an active manager unless they are truly active. (blogs.wsj.com)
- Have we framed the active to passive shift incorrectly? (bloomberg.com)
Global
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
Economy
- What CEOs had to say about the economy this week. (avondaleam.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
