Hedge Fund Investing: A Practical Approach to Understanding Investor Motivation, Manager Profits, and Fund Performance by Kevin R. Mirabile is a good jumping off point for hedge fund investors. (CFA Institute)
Quote of the Day
"The tendency to look for big events that could create big (and presumably profitable) moves leads us to underestimate the odds of modest outcomes."
(Brett Steenbarger)
Markets
- Metal stocks are perking up. (thereformedbroker.com)
- Lumber prices are year-over-year. (calculatedriskblog.com)
Strategy
- There's a big difference between interesting and actionable. (pensionpartners.com)
- You can't outperform over time if you can't handle periods of underperformance. (blog.thinknewfound.com)
- An example of why individual investor generate such poor overall returns. (thereformedbroker.com)
Offers
- "Atlas Obscura: An Explorer's Guide to the World's Hidden Wonders" looks like a great holiday gift. (amazon.com)
- Streamline your viewing and sign up for a free trial to Showtime, STARZ or Seeso at Amazon. (amazon.com)
- Try Audible.com and get two free audiobooks including Wayne Gretzky's memoir "99 Stories of the Game." (amazon.com)
- Vine has been dying for awhile. (buzzfeed.com)
- Twitter ($TWTR) is trying to sell Vine. (techcrunch.com)
Finance
Funds
Global
Economy
Earlier on Abnormal Returns
- Research links: unrealistic assumptions. (abnormalreturns.com)
- Monday links: group chat. (abnormalreturns.com)
- ETF links: apples vs. oranges. (abnormalreturns.com)
