Excerpt: Hiding in the Bathroom: An Introvert’s Roadmap to Getting Out There (When You’d Rather Stay Home) by Morra Aarons-Mele. (Quiet Revolution)
Quote of the Day
"A panic only occurs if you are a late follower toward the exit. The panic occurs when you realize that the cost of exiting is higher than expected and liquidation is not moving as fast as expected. "
(Mark Rzepczynski)
Chart of the Day
Unlike Apple ($AAPL) most companies don’t tell you much about how their invest their cash balances.
Markets
- Small caps, small caps, small caps. (allstarcharts.com)
- Americans are pretty complacent about the stock market. (bloomberg.com)
- What's remarkable about drawdowns in 2017 is that they are uniformly small across the board. (etfreplay.com)
Strategy
- These market myths hurt investors. (bloomberg.com)
- This is the true lesson from Warren Buffett's winning hedge fund bet. (bloomberg.com)
- Why long-date Eurostoxx calls are so cheap. (themacrotourist.com)
Books
- Get "Managing Expectations: Options Playbook" by Tony Saliba for just $7.95. (managingexpectationsbook.com)
- Are you on the right path to continued personal growth? Try the Blinkist app. Read or listen to the key insights from the best nonfiction books to continue on your life-long learning journey. (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)
- "Thinking Machines: The Quest for Artificial Intelligence--and Where It's Taking Us Next" by Luke Dormehl is just $1.99 for the Kindle. (amazon.com)
Companies
- Apple ($AAPL) iPhone X supplies are going to be tight. (daringfireball.net)
- Why Google ($GOOGL) continues to invest in hardware. (techpinions.com)
- Amazon ($AMZN) isn't just affecting retail competitors in the US. (wsj.com)
- Starbucks ($SBUX) is enhancing its Apple Watch app. (businessinsider.com)
Blockchain
- How does Bitcoin perform asset class-wise? (cxoadvisory.com)
- An interview with Balaji Srinivasan about the blockchain. (wsj.com)
- How a decentralized crypto exchange would work. (bloomberg.com)
- Open a Coinbase account, trade $100 in cryptocurrency and get $10 in Bitcoin free. (coinbase.com)
Finance
- Global private equity dealmaking is set to make a post-financial crisis record. (ft.com)
- Google Finance is going bye-bye. (marketwatch.com)
Streaming video
- The Roku ($ROKU) IPO had a positive reception. (bloomberg.com)
- The new Apple ($AAPL) 4k TV is 'perfect.' (engadget.com)
- Amazon's ($AMZN) new Fire TV can handle 4K video. (businessinsider.com)
- Get your next streaming device on Amazon.com. (amazon.com)
Funds
- Are hedge fund really reaching for 2% yields? (bloomberg.com)
- Liquid alternative funds are tough to own. (beta.morningstar.com)
- Three pitches for money managers that don't work, but should. (validea.com)
Offers
- Tom Brakke is hosting an advanced due diligence and manager selection conference in November. Details here: (tjbresearch.com)
- Stocktoberfest West this year is going to livestreamed on Facebook ($FB). (blog.stocktwits.com)
- The 2nd annual Evidence-Based Investing Conference in NYC on November 2nd is packed with great speakers. Get 25% off your registration now! (thereformedbroker.com)
Economy
- Hurricane impacts are still messing with the weekly initial unemployment claims. (calculatedriskblog.com)
- American income inequality is still increasing. (nytimes.com)
- Can Yelp data be used to forecast the economy? (papers.ssrn.com)
- The US government needs more cybersecurity experts, then again so does everyone else. (wsj.com)
- The high-end horse market is surging. (bloomberg.com)
Earlier on Abnormal Returns
- Startup links: generating exposure. (abnormalreturns.com)
- We are all quants now. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: improving your life. (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)
