An Exclusive Offer for Abnormal Returns Readers:
This week’s sponsor, Validea, has been running model portfolios based on the strategies of great investors since 2003. The Ben Graham and Peter Lynch-based models are both in the top five all-time performs. The others may surprise you! Abnormal Returns readers get an exclusive discount subscription offer to Validea & Validea Professional.
Quote of the Day
"The filter bubble explains a lot about how liberals didn’t see Trump coming, but not very much about how he won the election."
(Eli Pariser)
Markets
Strategy
- There is no season for balanced portfolios. (longboardfunds.com)
- The price-to-sales ratio for the median stock in the S&P 500 is higher than ever before... (thefelderreport.com)
Site stuff
- Check out this week's sponsor Validea.com whose factor-based models use the strategies of Lynch, Buffett, Graham and other Legendary Investors. Abnormal Returns readers get an exclusive discount subscription offer. (validea.com)
- An annual membership not only helps support Abnormal Returns but clues you in on perks including a weekly members-only e-mail. (abnormalreturns.com)
Companies
- Facebook ($FB) is pushing hard into TV-like shows. (businessinsider.com)
- Is Apple ($AAPL) going to build an Alexa-killer? (fastcompany.com)
Quant
- Mainstream hedge funds are pushing into quant strategies. (wsj.com)
- Ivy League jocks are finding Wall Street increasingly inhospitable. (wsj.com)
Funds
ESG
- How quants hope to transform ESG investing. (institutionalinvestor.com)
- Fidelity is launching sustainable investing funds. (beta.morningstar.com)
Offers
- Get $30 off a Summer Deep Cleaning via Amazon Home Services. (amazon.com)
- You can now get $10 off of a new Amazon Music Unlimited subscription with the promo code 'MOREMUSIC.' (amazon.com)
- Buy two of the new Echo Shows and get $100 off with the promo code 'SHOW2PACK.' (amazon.com)
Global
Economy
- It's hard to imagine the Fed not raising rates in June. (economistsview.typepad.com)
- Weekly initial unemployment claims are trending at low levels. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Startup links: firing too soon. (abnormalreturns.com)
- Why it's hard to apologize...to your portfolio. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: aiming to achieve. (abnormalreturns.com)
- The mononational ETF business opportunity. (abnormalreturns.com)
