The second annual Abnormal Returns t-shirt sale benefiting charity:water is now live! Grab t-shirts, tank tops, mugs and stickers with 100% of net proceeds going to help those in need of clean drinking water.
Quote of the Day
"But what is a fund company required to deliver? The answer is nothing. If the market sinks and investors lose their money, they don’t get it back."
(Nir Kaissar)
Markets
- How major asset classes performed in May 2017. (capitalspectator.com)
- Jeremy Grantham, "“This is the broadest market of all time . . . That is not the nature of a bubble." (ft.com)
- Why the 52-week high list is important. (allstarcharts.com)
- The same old performance chase is at work, per always. (thereformedbroker.com)
Strategy
- It takes a theory to be a theory. (medium.com)
- Your conception of risk is likely way off. (awealthofcommonsense.com)
- John Bogle's 7 tips for investors. (etf.com)
- The latest 'hot indicator' is not going to save your trading. (thecrosshairstrader.com)
The 2017 Abnormal Returns Campaign
- Did you miss out last year on our Abnormal Returns t-shirts? Now is your chance to get some gear and help charity:water in the process. (teespring.com)
- Don't need another t-shirt? Donate directly to charity:water and help those in need. (my.charitywater.org)
Companies
- Iceland loves Costco ($COST) (qz.com)
- Twitter ($TWTR) is getting gamed by 'bad hombres.' (nytimes.com)
- Don't be fooled by high dividend yields. (awealthofcommonsense.com)
Eats
- Fast casual restaurants are having a rough go. (bloomberg.com)
- The 'better burger' space is overcrowded and overpriced. (wsj.com)
- Blue Apron has filed to go public. (techcrunch.com)
Finance
- The IEX may soon be listing companies. (ft.com)
- How Myomo went public using new crowdfunding rules. (wsj.com)
- In defense of stock splits. (trlm.com)
Funds
- There is a difference between statistics and strategy. (pensionpartners.com)
- Cap weighted indices are popular for a very good reason. (beta.morningstar.com)
Membership
- Abnormal Returns memberships help support this site and give up access to cool perks. (abnormalreturns.com)
- Stay up-to-date with all of our posts via our daily e-mail newsletter. Sign up here: (abnormalreturns.com)
Global
- How the shift toward local currency debt has changed the emerging market bond landscape. (ftalphaville.ft.com)
- The global super-rich don't pay taxes like the rest of us. (economist.com)
Economy
- The unemployment rate is 4.3% but that is the sole highlight from the June NFP. (calculatedriskblog.com)
- Some worrying signs from the June NFP report. (fivethirtyeight.com)
Earlier on Abnormal Returns
- Podcast links: making your bed. (abnormalreturns.com)
- Startup links: suspended reality. (abnormalreturns.com)
- What books Abnormal Returns readers purchased in May 2017. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: skipping the first step. (abnormalreturns.com)
- The 2017 Abnormal Returns campaign for charity:water is live! Buy a t-shirt, donate, get involved! (abnormalreturns.com)
Mixed media
