Review: Smart Portfolios: A Practical Guide to Building and Maintaining Intelligent Investment Portfolios by Robert Carver is a “recommended read.” (Reading the Markets)
Quote of the Day
"The global oil industry and the global auto industry now face the same challenge: not the current level of demand, but finding a new, higher level of demand. "
(Gregor Macdonald)
September performance
- How major asset classes performed in September. (capitalspectator.com)
- Emerging markets were the big winners in Q3. (macromon.wordpress.com)
Strategy
- Why you shouldn't take financial advice from a lottery winner. (awealthofcommonsense.com)
- Good luck trying to predict mean reversion in the CAPE ratio. (bloomberg.com)
- The October Mutual Fund Observer is up and is well worth a read. (mutualfundobserver.com)
Membership drive: day two
Companies
Crypto
- There is now a crypto-currency index fund. (thereformedbroker.com)
- What is Ethereum? (nytimes.com)
- What is Bitcoin? (nytimes.com)
- What is an ICO? (wsj.com)
- Open a Coinbase account, trade $100 in crypto-currencies and get $10 in Bitcoin free. (coinbase.com)
Finance
Funds
- Hedge funds are having a not-horrible year. (wsj.com)
- Restaurateur Danny Meyer just raised a private equity fund. (wsj.com)
- PE managers can't see achieving 'normal returns' from these levels. (institutionalinvestor.com)
Books
- "Stick with It: A Scientifically Proven Process for Changing Your Life-for Good" by Sean Young is just $0.99 for the Kindle. (amazon.com)
- Why don’t you read more? No time, right? Try the Blinkist app and get 20% off! Read or listen to the key insights from the best nonfiction books in a matter of minutes! (blinkist.com)
- "The Ostrich Paradox: Why We Underprepare for Disasters" by Robert Meyer and Howard Kunreuther is just $1.99 for the Kindle. (amazon.com)
Global
Economy
- The September manufacturing ISM surged. (calculatedriskblog.com)
- Why agency buyers should take note of what the Fed is doing. (ftalphaville.ft.com)
- Information technology may be behind rising industry concentration. (marginalrevolution.com)
Earlier on Abnormal Returns
- ETF links: useful tools. (abnormalreturns.com)
- Our faltering ability to have serious discussions. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
- The 20% ceiling: women in asset management (abnormalreturns.com)
