Review: “If you’re new to value investing and want a fast-reading primer, Charlie Tian’s Invest Like a Guru: How to Generate Higher Returns at Reduced Risk with Value Investing is just the ticket.” (Reading the Markets)
Quote of the Day
"The greatest trick the industry ever pulled was making LPs believe that they could consistently leverage beta and not get caught with their hand in the cookie jar, giving up years of returns in a matter of months."
(Leigh Drogen)
Markets
- What will happen during the next bear market. (thereformedbroker.com)
- Investing conditions will never be perfect. (blog.independenceadvisors.com)
Strategy
- Why you need a (trading) mentor. (medium.com)
- Everybody talks their book, but rarely their whole book. (pragcap.com)
- In praise of dollar-cost averaging and rebalancing. (avc.com)
Sohn Conference
- Josh's notes from the Ira Sohn Conference including David Einhorn's pick. (thereformedbroker.com)
- More of Josh's notes from the Ira Sohn Conference including Jeff Gundlach's Twitter debut. (thereformedbroker.com)
- More Sohn coverage including a plea to "do less." (marketfolly.com)
- A round-up of Sohn presentations. (bloomberg.com)
Membership
Companies
- Pandora ($P) is at a crossroads. (ft.com)
- Amazon ($AMZN) is not destroying every retail competitor. (marketchess.com)
- Apple's ($AAPL) surge of late, above $800 billion in market cap, has been impressive. (blog.afraidtotrade.com)
Finance
Funds
Offers
- Need a spare tablet? The Fire HD 8 is currently $25 off. (amazon.com)
- The much-talked about Amazon Echo is currently $30 off. (amazon.com)
- Select Amazon Kindles, like the Paperwhite, are currently $20 off. (amazon.com)
Global
Economy
- Investors would do well to focus on hard data and not on surveys. (bloomberg.com)
- Small business optimism is still pretty high. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Research links: commodity caution. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Closing the self-awareness gap. (abnormalreturns.com)
- ETF links: blaming ETFs. (abnormalreturns.com)
- The 20 best investing blogs of 2017. (thecollegeinvestor.com)
