List: Seven books Microsoft CEO Satya Nardella recommends including The Rise and Fall of American Growth by Robert J. Gordon. (Fast Company)
Quote of the Day
"The Watch was born a timepiece but it is traversing through the early iPhone and pulling in a new direction all of its own."
(Horace Deidu)
Markets
- A falling dollar has pushed developed and emerging market equities to the top of the asset class charts. (capitalspectator.com)
- Small caps are kind of turning things around. (twitter.com)
Strategy
- Nir Kaissar, "Harvard abandoned one of the stalwart adages in finance: Pick an investment philosophy and stick to it." (bloomberg.com)
- Managing too much money can be a burden. Just ask Ray Dalio. (wsj.com)
- Why do institutional investors so favor private real estate vs. REITs? (institutionalinvestor.com)
Invest in Asia Virtual Summit
Value investing
- Is generic value investing dead? (blogs.wsj.com)
- Value investors by necessity deal with the imperfect. (cleareyesinvesting.com)
Amazon
- Cities are embarrassing themselves to woo Amazon's ($AMZN) HQ2. (nytimes.com)
- How Amazon ($AMZN) is traversing the same path as Sears a century ago. (theatlantic.com)
Finance
- 2017 is set to be a record year for leverage loan volume in the US. (wsj.com)
- Institutional investors would bypass fund managers if they could. (ft.com)
- Margin debt is on the rise. (wsj.com)
- 'Green bond' issuance is on the rise but no one agrees on the definition. (ft.com)
Fund management
- Now Vanguard is crushing it in the UK. (qz.com)
- Hedge fund pricing is only becoming more dynamic. (mrzepczynski.blogspot.com)
Books
- Bill Nye, the Science Guy, new book "Everything All at Once: How to unleash your inner nerd, tap into radical curiosity, and solve any problem" is just $2.99 for the Kindle. (amazon.com)
- 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. (blinkist.com)
- "The Honest Truth About Dishonesty: How We Lie to Everyone--Especially Ourselves" by Dan Ariely is just $2.99 for the Kindle. (amazon.com)
Economy
- The Chicago Fed National Activity Index slowed in August. (calculatedriskblog.com)
- We'll never really know if QE worked. (bloomberg.com)
- Large parts of America are (still) being left behind. (axios.com)
- Taking the long view on middle-class prosperity. (econlog.econlib.org)
Earlier on Abnormal Returns
- ETF links: the new rock stars. (abnormalreturns.com)
- One you publish your book everything else is gravy. (abnormalreturns.com)
- Learn enough about investing to be able to foul off a professional investment pitch. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks this week on the site. (abnormalreturns.com)
