Book review: Reorg: How to Get it Right by Stephen Heidari-Robinson and Suzanne Heywood should be ready by anyone contemplating a corporate reorg. (FT)
Quote of the Day
"The real barrier to entry is still knowledge of how markets work, how companies work, knowledge of how fundamentals work, knowledge of how macroeconomics works, knowledge of how microeconomics works. And if you can bring that knowledge to bear, you can harness that data in a more structured way, and build models that are less overcrowded..."
(Manoj Narang)
Markets
- Markets are just going to have to deal with Trump's tweets. (slate.com)
- Markets have always had to deal with 'fake news.' (bloomberg.com)
Strategy
- The best investment writing of 2016. (mebfaber.com)
- You think studying world events will make you a better investor? Think again. (dashofinsight.com)
- Why you should focus on probabilities, not predictions. (nytimes.com)
- Everyone likes to hear they did a good job. (blogs.cfainstitute.org)
Offers
- Amazon is still offering holiday deals on its hardware devices. (amazon.com)
- You can still get $5 off a $15 book purchase by using the promo code 'GIFTBOOK' at checkout. (amazon.com)
- Which means you can still get $5 off any of December favorites like "The Undoing Project," "Tools of Titans" or "Atlas Obscura." (amazon.com)
Taxes
- If the tax rate on investment income falls muni bonds could take a hit. (wsj.com)
- Robert Willens talks about some potentially meaningful tax changes for 2017. (barrons.com)
Funds
Economy
- Good ideas are getting harder to find, hence the slowing global economy. (marginalrevolution.com)
- The economic year in review. (avondaleam.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
