Review: Sheelah Kolhatkar’s Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street is “well worth the read.” (Reading the Markets)
Quote of the Day
"The best thing college students can do right now is to stop spending their money. Being a cheap bastard now means so much more freedom and choices later."
(Chris Sacca)
Markets
- What does the market's streak of no 1% losing days mean? Who knows? (alephblog.com)
- Was Trump really behind the Trump Rally? (dashofinsight.com)
Strategy
- Why did hedge funds stop hedging? (bloomberg.com)
- Mike Bellafiore on what it takes to be a successful trader in today's market. (finance.yahoo.com)
- Trading isn't free. (evidenceinvestor.co.uk)
- Repetition is the key tool of any liar. (huffingtonpost.com)
Offers
- You can get Clayton Christensen's "How Will You Measure Your Life?" for just $1.99 for the Kindle. (amazon.com)
- The 7" Kindle Fire tablet is just $39.99 for a limited time. (amazon.com)
- The new book by Derek Thompson, "Hit Makers: The Science of Popularity in an Age of Distraction" looks like a hit. (amazon.com)
Apple
- Apple ($AAPL) is the greatest cash machine in history. (aswathdamodaran.blogspot.co.uk)
- Apple management is buying back shares like there's no tomorrow. (aboveavalon.com)
- Apple ($AAPL) is really interested in AR. (theverge.com)
Companies
- Google ($GOOGL) buying YouTube was the greatest acquisition of all-time. (howardlindzon.com)
- Will women buy their underwear from Amazon ($AMZN)? (wsj.com)
Funds
- Vanguard now has $4 trillion under management. (wsj.com)
- How to buy Bill Ackman or Dan Loeb at a discount. (barrons.com)
- How to buy the whole world in an ETF. (investwithanedge.com)
Economy
- What CEOs had to say about the economy this week. (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)
- Longform links: at risk of burnout. (abnormalreturns.com)