Review: “High Yield Debt: An Insider’s Guide to the Marketplace [by Rajay Bagaria] is an excellent book that deserves to go through multiple editions.” (Enterprising Investor)
Quote of the Day
"Each individual needs to take a complete and careful look at the total financial picture. You need to weigh when and where you take risks. But along the way, don’t be afraid to make the moves that make it easier to take the risks that don’t fit neatly into a spreadsheet."
(Carl Richards)
Markets
- How is momentum performing in 2017? It depends... (blog.alphaarchitect.com)
- The global market portfolio is not a 'fixed mix.' (fiduciary-matters.russellinvestments.com)
- The world needs more lithium. (thereformedbroker.com)
Strategy
- There is nothing black or white about investing. (collaborativefund.com)
- This is the Achilles heel of backtests. (awealthofcommonsense.com)
Offers
- Finance professors rarely are protagonists in thrillers like Holly Bell's "Trading Salvos: A Kate Adams Novel." (amazon.com)
- The Bose Soundlink wireless headphones are currently $50 off at Amazon.com. (amazon.com)
- Catch up with GOT: sign up for a free trial to HBO on Amazon Channels. (amazon.com)
Companies
- Robots or not, Amazon ($AMZN) needs to fill positions in its warehouses. (wsj.com)
- Twitter ($TWTR) stock is up 40% off its lows. (venturebeat.com)
- Facebook ($FB) is not the friend of publishers. (qz.com)
- Apple ($AAPL) Earpods were inspired by Star Wars' Stormtroopers. (theverge.com)
- RIP, Adobe ($ADBE) Flash, 2020. (wired.com)
Cryptocurrencies
- Regulators are watching cryptocurrencies more closely. (avc.com)
- [Offer] Sign up for a Coinbase account and trade $100 in currencies and get $10 in Bitcoin free! (coinbase.com)
- Money is a "consensual hallucination." (feld.com)
Funds
- Vanguard is launching two new active funds. (citywireusa.com)
- Timber and farmland are out of favor with institutional investors. (theatlantic.com)
Real estate
- Americans are fixing it, not listing it. (wsj.com)
- America's best new tenants are cell towers and data centers. (wsj.com)
Economy
- Chemical activity increased slightly in July. (calculatedriskblog.com)
- Financial conditions are easing while the Fed is raising rates. (bloomberg.com)
- Middle-class entitlements make tax reform way more complicated. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: paid off mortgages. (abnormalreturns.com)
- Buy time, they are not making any more of it. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: noisy management. (abnormalreturns.com)
- Time spent watching the stock market is time wasted. (abnormalreturns.com)
