List: The short list for this year’s Financial Times and McKinsey Business Book of the Year award is out and includes The One Device: The Secret History of the iPhone by Brian Merchant. (FT)
Quote of the Day
"Evidence-based investing focuses on the likelihood of events and not the desire for events to occur."
(Mark Rzepczynski)
Markets
- Treasury yield curve spreads are near their low for the cycle. (capitalspectator.com)
- "At the recent 2.05 percent, 10-year Treasury notes provide negative after-tax and inflation returns locked in for a decade." (bloomberg.com)
Strategy
- What is 'craftmanship alpha'? (aqr.com)
- Investment plans change, just don't do it during a period of market stress. (ofdollarsanddata.com)
- In trading try to keep things as simple as possible. (thecrosshairstrader.com)
- In some ways understanding the long-term is easier than the short-term. (rick.bookstaber.com)
Books
- Ray Dalio's "Principles: Life and Work" is out and is getting a ton of press. (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)
Companies
- Apple's ($AAPL) new headquarters may be Silicon Valley's last gasp or why Amazon ($AMZN) is looking afar for HQ2. (bloomberg.com)
- How Best Buy ($BBY) has, so far, avoided getting crushed by Amazon ($AMZN). (nytimes.com)
- Apple ($AAPL) is not hiding the notch. (marco.org)
Cryptocurrencies
- Why Bitcoin is so volatile. (wsj.com)
- Lessons learned from 5 Bitcoin crashes. (fortune.com)
- Busting some Bitcoin myths. (valueandopportunity.com)
- There's really no good way to short Bitcoin. (retirementresearcher.com)
- Open a Coinbase account, trade $100 in crypto and get $10 Bitcoin free. (coinbase.com)
Finance
- How the IPO process broke and a couple of different solutions. Will either work? (nytimes.com)
- Why listen to earnings conference calls when a robot can do it for you? (institutionalinvestor.com)
- Another firm just jumped into the direct lending business. (institutionalinvestor.com)
Funds
Offers
- 37+ global investors share their top strategies for investing in China. I’m speaking at this free online-only event with the likes of Jim Rogers, Kevin Kelley and Jack Schwager. (adamc73334.clickfunnels.com)
- Tom Brakke is hosting an advanced due diligence and manager selection conference in November. Details here: (tjbresearch.com)
Earlier on Abnormal Returns
- Research links: dividend attitudes. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ETF links: a smart beta price war. (abnormalreturns.com)
Mixed media
- No complaints about the iPhone 8 and iPhone 8 Plus. (loopinsight.com)
- The iPhones 8 are excellent year-over-year upgrades compared to their iPhone 7 counterparts. (daringfireball.net)
- The camera on the iPhone 8 is great but wait for the X. (businessinsider.com)
- The iPhone 8 is not the upgrade you are looking for. (wsj.com)
- Why the iPhone 8 feels like a swan song. (nytimes.com)
- The iPhone 8 already feels dated. (wired.com)
