Book list: Seven books for entrepreneurs including Venture Deals: How to Be Smarter Than Your Lawyer and Venture Capitalist by Brad Feld and Jason Mendelson. (Inc.)
Quote of the Day
"It seems a little odd that the elders of finance keep overhauling a model that has already won a Nobel. Shouldn’t this be settled science by now?"
(Noah Smith)
Markets
- Remember the January swoon earlier this year? (thereformedbroker.com)
- Gold didn't like the Fed's rate hike. (macromon.wordpress.com)
- Quantifying the bond market sell-off. (beta.morningstar.com)
- All indices are not create equal. (theirrelevantinvestor.com)
Strategy
- Low beta strategies underperform in rising rate environments. (blog.abglobal.com)
- The Cleveland Browns and the case against portfolio turnover. (mullooly.net)
- Why patience is critical to investing success. (blog.johnsoninv.com)
Offers
- "Atlas Obscura" is currently 50% off at Amazon. (amazon.com)
- The Amazon Fire 7" tablet is just $39.99. (amazon.com)
- Amazon's Echo (and Tap) is $50 off. (amazon.com)
Finance
Funds
- Fidelity is making it cheaper to trade mutual funds. (wsj.com)
- November was a rough month for muni CEFs. (beta.morningstar.com)
Global
- Things are lining up emerging market equities. (researchaffiliates.com)
- Forex trading volume are down notably from their peak. (ftalphaville.ft.com)
Economy
- The Fed sees "light at the end of the tunnel." (economistsview.typepad.com)
- What next for the Fed? (calculatedriskblog.com)
- Weekly initial unemployment claims continue to trend at historically low levels. (calculatedriskblog.com)
- Homebuilders are still pretty confident. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Startup links: big risks. (abnormalreturns.com)
- The December 2016 edition of our big book link round-up. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: arbitraging Social Security. (abnormalreturns.com)
- Why bother breaking the glass ceiling in a broken industry? (abnormalreturns.com)
- Why would anyone want to run a public company these days? (abnormalreturns.com)
- A big year-end book list round-up: 2016 edition. (abnormalreturns.com)
