Best of: The best books Ben read in 2016 including Judd Apatow’s Sick in the Head: Conversations About Life and Comedy. (A Wealth of Common Sense)
Quote of the Day
"We’ve had the theory behind factors for decades. The ETF is just the technology that allows you to implement it in practice."
(Dan Draper)
Markets
- The great rotation from bonds into stocks in finally here. (businessinsider.com)
- The valuation spread between stocks and bonds has narrowed post-election. (nytimes.com)
Strategy
- A compendium of posts on important financial topics like the influence of share buybacks. (fortunefinancialadvisors.com)
- A list of your biggest financial mistakes in 2016. (fmdcapital.com)
Wifi
- A list of the best new wifi mesh systems. (wired.com)
- The best mesh wifi system for your home, eero, is more than $100 off at Amazon. (amazon.com)
Companies
- Amazon's ($AMZN) Alexa voice computing platform is going to be bigger than you think. (backchannel.com)
- Apple ($AAPL) Mac fans feel slighted by the company. (bloomberg.com)
- One of the first Airpod reviews. (theverge.com)
Finance
Funds
- Small cap fund managers are running out of companies to buy. (institutionalinvestor.com)
- Non-traditional bond funds are no great shakes. (beta.morningstar.com)
- Calamos Asset Management ($CLMS) is going private. (investmentnews.com)
Offers
- Buy $15 of books and get $5 off with the promo code 'GIFTBOOK' at Amazon. (amazon.com)
- Amazon still has holiday deals on the Fire 7" Tablet ad Echo Dot. (amazon.com)
Global
Economy
- There are few signs of an imminent recession on the horizon. (capitalspectator.com)
- The Fed is going to keep a closer eye on fiscal policy. (econbrowser.com)
- Another sign Americans are going back to work: falling college enrollments. (wsj.com)
- Wyoming's economy is lagging (badly). (bloomberg.com)
Earlier on Abnormal Returns
- Research links: a non-stationary world. (abnormalreturns.com)
- Cash cows, like the actively managed fund business, die slowly then all at once. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ETF links: convenience, security and low costs. (abnormalreturns.com)
- My piece at Enterprising Investor "Soros, Fallibility, Reflexivity, and the Importance of Adapting." (blogs.cfainstitute.org)
