List: Seven books to read this Summer including Option B: Facing Adversity, Building Resilience, and Finding Joy by Sheryl Sandberg and Adam Grant. (Heleo)
Quote of the Day
"The trading floor may be gone, but Chicago is home to the high-frequency trading industry."
(Jeffrey Carter)
Chart of the Day
(datashown.com)April
- How major asset classes performed in April 2017. (capitalspectator.com)
- The seeds of future instability are being sown today in the risk-on environment. (mrzepczynski.blogspot.com)
Markets
- Now is a great time to mentally prepare for the next bear market. (basonasset.com)
- European investors have done well to avoid European stocks. (theirrelevantinvestor.com)
Strategy
- Baby Boomers are not going to kill the stock market. (awealthofcommonsense.com)
- How trend following strategies would perform in some different future scenarios. (sharpereturns.ca)
Offers
- "The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets" by Paul Wilmott and David Orrell. (amazon.com)
- "Adaptive Markets: Financial Evolution at the Speed of Thought" by Andrew Lo. (amazon.com)
- "Invest Like a Guru: How to Generate Higher Returns At Reduced Risk With Value Investing" by Charlie Tian. (amazon.com)
-
"Trend Following, 5th Edition: How to Make a Fortune in Bull, Bear and Black Swan Markets" by Michael Covel. (amazon.com)
Companies
Funds
- Three things that will never change about the money management business. (thereformedbroker.com)
- Active managers need to either adapt or die. (institutionalinvestor.com)
- "Paulson & Company manages just under $10 billion today, down from $36 billion in 2011." (nytimes.com)
Economy
Earlier on Abnormal Returns
- Meet the 69th largest money manager in the world...Apple ($AAPL)! (abnormalreturns.com)
- ETF links: sticky holdings. (abnormalreturns.com)
- "Keep ETFs Weird" was a top April read over at the Enterprising Investor blog. (blogs.cfainstitute.org)
- What books Abnormal Returns readers most purchased in April 2017. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
