Excerpt: Why dating in your 20s is awful. An excerpt from iGen: Why Today’s Super-Connected Kids Are Growing Up Less Rebellious, More Tolerant, Less Happy–and Completely Unprepared for Adulthood–and What That Means for the Rest of Us by Jean Twenge. (The Cut)
Quote of the Day
"Your precise mix of stocks, bonds, cash and alternative investments is less important than your willingness to stick with it."
(Jonathan Clements)
Markets
- 10 year Treasury yields are at their low for the year. (capitalspectator.com)
- Gold has kinda lost its safe haven asset status. (bloomberg.com)
- Remember this 'sell everything' call? (thereformedbroker.com)
Strategy
- The irony of today's calm markets is that people are trading volatility like crazy. (rcmalternatives.com)
- Don't fall for the hype. Here are three things aspiring traders need to keep in mind. (medium.com)
- Value investors would do well to hold their winners even longer. (marketfox.org)
Books
- No time to read? Try the Blinkist app. Read or listen to the key insights from the best nonfiction books in a matter of minutes! Try now. (jump.blinkist.com)
- "What Doesn't Kill Us: How Freezing Water, Extreme Altitude, and Environmental Conditioning Will Renew Our Lost Evolutionary Strength" by Scott Carney is just $4.99 for the Kindle. (amazon.com)
Finance
- Berkshire Hathaway ($BRKA) is now the biggest shareholder in Bank of America ($BAC). (wsj.com)
- Investors are beginning to raise funds for distressed real estate investments. (wsj.com)
Indexing
- Five things active managers need to do to get their mojo back. (bloomberg.com)
- Is indexing going to crush innovation, competition and IPOs? (medium.com)
Offers
- Spend $25 at Amazon.com and get a free snack like a bag of yummy carmel and cheese popcorn. (amazon.com)
- The Echo Dot is still just $44.99, a $5 discount. (amazon.com)
- Don't send your kid to school without Amazon Prime Student which is still free for the first six months. (amazon.com)
Economy
- Q2 GDP growth was revised higher to 3.0%. (nytimes.com)
- How Hurricane Harvey will affect jobless claims. (calculatedriskblog.com)
- Young Americans need a new gold rush. (bloomberg.com)
- There is no template for Houston's recovery. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: life planning. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
