Notes: The Fate of Rome: Climate, Disease, & the End of an Empire by Kyle Harper may change your mind about the reasons behind the fall of Rome. (Marginal Revolution)
Quote of the Day
"Thoughtless bearishness can be as damaging as thoughtless market cheerleading."
(Miles Johnson)
Chart of the Day
The story behind the $800 billion in drop in value for PetroChina ($PTR) is stunning.
Markets
- Equity asset classes dominate trailing 12-month performance. (capitalspectator.com)
- Stocks could melt up AND volatility could rise, simultaneously. (themacrotourist.com)
Strategy
- Urban Carmel, "Bearish market commentary that highlight risk conjure gravitas. Bullish commentary often seems shallow. But remember, in the absence of relevant data, the "base rate" probability is your best guide." (fat-pitch.blogspot.com)
- Buying is easy. Selling is hard. 5 questions to ask before you take some money off the table. (bloomberg.com)
- Is the 'If you invested $10,000 in X' meme ever helpful? (awealthofcommonsense.com)
Sponsored link
Trading
- Chart reading, doth not a trader make. (martinkronicle.com)
- How to avoid trading burnout. (traderfeed.blogspot.com)
Cryptocurrencies
- ICOs are in the midst of an "ugly speculative phase." (avc.com)
- Cyptocurrency classes are attracting big crowds of college students. (cnbc.com)
- Open a Coinbase account, trade $100 in cryptocurrencies and get $100 in Bitcoin free! (coinbase.com)
Tech
- A first impression of the Apple ($AAPL) iPhone X. (wired.com)
- Seven reasons why Snapchat ($SNAP) Spectacles failed. (techcrunch.com)
Companies
- The story behind the $800 billion in drop in value for PetroChina ($PTR) is stunning. (bloomberg.com)
- When, and if, will Amazon ($AMZN) face anti-trust scrutiny? (ft.com)
- Why a breakup of GE ($GE) is increasingly likely. (bloomberg.com)
Private equity
- Parsing PE performance using IRR is no easy feat. (blogs.cfainstitute.org)
- PE firms are trying to attract semi-permanent capital. (bloomberg.com)
Finance
- Fundamental managers are increasingly using big-data type tools. (ft.com)
- There's plenty wrong with the 401(k) plan but slashing it won't help. (thereformedbroker.com)
Fund management
- UK and European fund investors have it much worse off, fee-wise. (ft.com)
- Japan's investors are a conservative lot. (wsj.com)
Offers
- "Anything You Want: 40 Lessons for a New Kind of Entrepreneur" by Derek Sivers is just $1.99 for the Kindle. (amazon.com)
- The Echo Dot is $39.99 today, $10 off! (amazon.com)
- Trade-in an old Kindle and get up to $75 off a new Paperwhite. (amazon.com)
- Sign up for an Audible.com trial and get 2 free audiobooks including "A First-Class Catastrophe: The Road to Black Monday, the Worst Day in Wall Street History" by Diana Henriques. (amazon.com)
Economy
- A December Fed rate hike is "nearly an uncertainty." (blogs.uoregon.edu)
- The new Fed chair has been tarnished by the selection process. (bloomberg.com)
- A quick look at the likely next Fed chairman. (econbrowser.com)
Earlier on Abnormal Returns
- ETF links: raised stakes. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
- For all you geography nerds: US mega-regions visualized. (abnormalreturns.com)
