Review: Joel Tillinghast’s Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing is “highly recommended.” (Aleph Blog)
Quote of the Day
"79% of American workers are employed by firms that offer a corporate retirement plan – but a majority of these workers are not taking advantage and contributing to them. That’s the problem we should be working on."
(Josh Brown)
Chart of the Day
Roku ($ROKU) has been able to hold its own against the Big 3.
Markets
- Term spreads are near their lows for the year. (econbrowser.com)
- The ultimate stock pickers top 10 buys and sells. (beta.morningstar.com)
Strategy
- Prediction is for entertainment, not planning. (thereformedbroker.com)
- How to prepare yourself for the next market downturn. (betterment.com)
- Luck eventually runs out for most market timers. (bloomberg.com)
Opportunities
- Alpha Architect is hiring for a execution trader/researcher role. (alphaarchitect.com)
- Due diligence is more than just the 4 P's. Sign up for Tom Brakke's Advanced Due Diligence and Manager Selection Workshop in November. (tjbresearch.com)
Amazon
- What would happen if Amazon's ($AMZN) stock price fell for a sustained period of time. (ftalphaville.ft.com)
- Amazon ($AMZN) is pushing hard into fashion. (l2inc.com)
Cryptocurrencies
- 7 reasons why China banned ICOs. (fortune.com)
- Don't believe the ICO hype. (qz.com)
- The infrastructure for cryptos is still being built. (bloomberg.com)
Finance
- PE rainmakers are hanging out their own shingles. (bloomberg.com)
- The case for dual-class shares: it reduces the power of uninformed shareholders. (wsj.com)
Funds
Offers
- Ray Dalio's new book "Principles: Life and Work" is about a whole lot more than investing. (amazon.com)
- Why don’t you read more? No time, right? Try the Blinkist app! Read or listen to the key insights from the best nonfiction books in a matter of minutes! (blinkist.com)
Economy
- Why a sustained rise in the Fed funds rate is unlikely. (economistsview.typepad.com)
- The prime working age population is at 2007 highs. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Personal finance links: your savings rate. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: black swan break-evens. (abnormalreturns.com)
- How Claude Shannon, father of information theory, invested his money successfully. (abnormalreturns.com)
