Review: A Practitioner’s Guide to Asset Allocation by William Kinlaw
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, Mark P. Kritzman, and David Turkington is “a carefully researched book.” (Reading the Markets)
Quote of the Day
"It is not easy to draw a line between financial innovation and reckless speculation."
(Buttonwood)
Strategy
- The "best" stocks provide an illusion of safety. (ritholtz.com)
- Adam Grossman, "Truly outstanding investment opportunities usually lie somewhere off the beaten path, but only if you know what you’re looking for." (humbledollar.com)
- The behavioral reasons why value investing so difficult. (behaviouralinvestment.com)
Offers
- Prime members can currently get $15 off an Amazon Fire 7 tablet. (amazon.com)
- Spend $25 at Amazon.com and get a free snack with the promo code PRIMESNACK. (amazon.com)
- Prime members can currently get $25 off an Amazon Fire HD 8 tablet. (amazon.com)
- If you are not a Prime member you can sign up today with a 30-day free trial. (amazon.com)
Apple
- By designing its own chips Apple ($AAPL) controls its own destiny. (om.co)
- Can Apple ($AAPL) really make facial recognition work in practice? (wsj.com)
- There is no company better than Apple ($AAPL) at playing the press. (buzzfeed.com)
- The iPhone 8 is a big upgrade but will it be overshadowed by the X? (wsj.com)
- Why Apple ($AAPL) wants a chunk of Toshiba's memory chip business. (bloomberg.com)
Crypto
- We are finding out how important China is/was to the crypto boom. (bloomberg.com)
- Why legal uncertainties make one investor wary of investing in Bitcoin. (brooklyninvestor.blogspot.com)
- It's difficult to dismiss the signs of hype around the recent ICO boom. (ft.com)
- The CBOE ($CBOE) plans to create Bitcoin futures. (qz.com)
Fund management
- The debate over passive vs. active investing stretches back to Ben Graham. (alphaarchitect.com)
- How BlackRock, State Street, and Vanguard approach voting their shares on controversial issues. (beta.morningstar.com)
- Fund concentration has been on the decline is open-end US equity mutual funds for awhile now. (beta.morningstar.com)
Books
- "The Driver in the Driverless Car: How Our Technology Choices Will Create the Future" by Vivek Wadha and Alex Salever is just $2.51 for the Kindle. (amazon.com)
- No time to read? Try the Blinkist app with a 20% discount.. Read or listen to the key insights from the best nonfiction books in a matter of minutes! Try it now! (blinkist.com)
- The hype around Ray Dalio's new book "Principles: Life and Work" is palpable. (amazon.com)
Global
- How Yu’e Bao acquired $211 billion in assets in its money market-type fund. (wsj.com)
- Asia is the new hot spot for activist investors. (wsj.com)
Indiana
- Indianapolis ranks 2nd on Glassdoor's list of "Best Cities for Jobs 2017." (indystar.com)
- Indiana is trying to use big data to combat the opioid crisis. (wired.com)
Economy
- The hurricane is pushing weekly initial unemployment claims higher. (calculatedriskblog.com)
- Americans are waiting longer and longer to get married. (bloomberg.com)
- Why Amazon ($AMZN) need not pick a big city for its new HQ. (bloomberg.com)
Earlier on Abnormal Returns
- Startup links: edge cases. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: reaching our aspirations. (abnormalreturns.com)
- In private equity, illiquidity is a feature not a bug (abnormalreturns.com)







