Review: A Fifth edition of Michael Covel’s classic Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets was “definitely in order.” (Reading the Markets)
Quote of the Day
"If you don’t prioritize your life, someone else will."
(Greg McKeown)
Strategy
- Why you need to have your financial life in order to withstand a bear market. (awealthofcommonsense.com)
- Why drawdowns matter. (willowstreetproject.com)
Membership
Finance
- High frequency traders are still jockeying to reduce trading lags. (bloomberg.com)
- "Quantopian-like models have the potential to bring the gig economy to high finance." (economist.com)
Funds
Offers
- Need a spare tablet around the house? The Fire HD 8 is currently $25 off. (amazon.com)
- Select Amazon Kindles, like the Paperwhite, are currently $20 off. (amazon.com)
- The much-talked about Amazon Echo is currently $30 off. (amazon.com)
Global
- Why Japanese stocks look cheap relative to US stocks. (ftalphaville.ft.com)
- Everybody loves Indian stocks. (businessinsider.com)
- Are Irish stocks finally done going down? (seeitmarket.com)
Economy
- How much would a 100 year Treasury bond yield? (wsj.com)
- Why in this economy companies are going to pull back on share buybacks. (bloomberg.com)
- Once the recession starts the bear market will already be in place. (bloomberg.com)
Earlier on Abnormal Returns
- Podcast links: true crime talk. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: asking people to do stuff. (abnormalreturns.com)
- The evolution of smart beta ETFs and the theory of MAYA or 'most advanced yet acceptable.' (abnormalreturns.com)
- Closing the self-awareness gap. (abnormalreturns.com)
- Abnormal Returns appears on the 20 best investing blogs of 2017. (thecollegeinvestor.com)
Mixed media
- Is Harvard Business School a source of trouble in the business world? (ft.com)
- Should business schools opt out of the ranking merry-go-round? (wsj.com)
- Foreign students are bypassing American MBA programs due to Trump. (bloomberg.com)
- Only 3% of MBAs go on to start their own business. (bloomberg.com)
