Review: “A Man for All Markets [by Ed Thorp] is an inspiring memoir.” (Reading the Markets)
Quote of the Day
"The conclusion that I draw is that a good investment processes and philosophy are more important than the amount of staff associated with the firm."
(Mark Rzepczynski)
Markets
- Foreign junk bonds had a good week leading up to the Trump presidency. (capitalspectator.com)
- Two very different views on the Treasury market. (bloomberg.com)
- Returns come in swift, unexpected chunks. (etf.com)
Strategy
- Agency problems make it difficult for professional investors to outperform. (marketfox.org)
- In praise of incrementalism and small edges. (awealthofcommonsense.com)
- Active under/outperformance is cyclical in nature. (frankzorrilla.tumblr.com)
- Don't ignore the move in Treasury yields. (adamhgrimes.com)
Offers
- "The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life" by Mark Manson seems like an appropriate read for 2017. (amazon.com)
- Ed Thorp's long awaited memoir, "A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market" is now out. (amazon.com)
- Beth Kobliner's forthcoming "Make Your Kid A Money Genius (Even If You're Not): A Parents’ Guide for Kids 3 to 23" looks interesting. (amazon.com)
Companies
- Amazon ($AMZN) is pushing into auto parts. (nypost.com)
- Sprint ($S) bought 33% of music streamer Tidal. (techcrunch.com)
- Apple's ($AAPL) new killer product is the W1 chip. (loopinsight.com)
Finance
- Hedge fund and private equity managers have begun mining data from Glassdoor for due diligence purposes. (ft.com)
- Howard is going on an social media diet. (medium.com)
Economy
- In praise of dullness. (stumblingandmumbling.typepad.com)
- Why a robot tax is a bad idea. (bloomberg.com)
- Academic economics has a gender problem. (qz.com)
- The problems in health care are largely structural. (avc.com)
Earlier on Abnormal Returns
- ETF links: requiring moderation. (abnormalreturns.com)
- In search of an edge: the life and times of Ed Thorp. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
- The best blogs to read for Financial Advisors in 2017. (advisorwebsites.com)
Mixed media
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