Review: In Meir Statman’s Finance for Normal People: How Investors and Markets Behave “you will find great value in the book and learn many lessons.” (ETF)
Quote of the Day
"The ETF and mutual fund markets are a lot like the market itself. They’re full of investors, traders, and speculators of all shapes and sizes, each with completely different risk profiles, time horizons, opinions, forecasts, philosophies, views of the world, and investment strategies."
(Ben Carlson)
Markets
- Foreign stocks had a good week, last week. (capitalspectator.com)
- International stocks are gaining traction relative to the US. (thereformedbroker.com)
Strategy
- A Q&A with Victor Haghani of Elm Partners on helping investors fight the urge to actively invest. (ft.com)
- Why you can safely ignore all the '$VIX is too low' talk. (bloomberg.com)
Membership
Companies
- Berkshire Hathaway ($BRKA) has a succession problem but it is not the one you think. (wsj.com)
- Sears Holdings ($SHLD) sales have dropped ten years straight. (bloomberg.com)
- Company culture compounds over time. (blog.johnsoninv.com)
Wireless
- Comcast ($CMCSK) and Charter ($CHTR) are forming a wireless partnership. (bloomberg.com)
- This company wants to built a new wireless network for autos, trains and drones. (washingtonpost.com)
Exchanges
- The options markets are becoming less liquid and more fragile. (wsj.com)
- 'Market on close' orders' are becoming a bigger part of trading. (businessinsider.com)
Funds
Global
Offers
- The much-talked about Amazon Echo is currently $30 off. (amazon.com)
- Select Amazon Kindles, like the Paperwhite, are currently $20 off. (amazon.com)
- Need a spare tablet? The Fire HD 8 is currently $25 off. (amazon.com)
Economy
- Why the Fed is likely to raise rates next month. (bloomberg.com)
- The Citigroup Economic Surprise Index is by definition mean-reverting. (ftalphaville.ft.com)
Earlier on Abnormal Returns
- Closing the self-awareness gap. (abnormalreturns.com)
- ETF links: blaming ETFs. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
- The 20 best investing blogs of 2017. (thecollegeinvestor.com)
