Review: Freek Vermeulen’s “excellent book” Breaking Bad Habits: Defy Industry Norms and Reinvigorate Your Business is about more than business. (Reading the Markets)
Quote of the Day
"Ironically, it's when we can accept and even embrace losses--ensuring that we learn from losers and thus take away something of value from our setbacks--that we can make the most of our trading strengths."
(Brett Steenbarger)
Markets
- Corporate America is pulling back on buybacks. (bloomberg.com)
- The panic low was 9 years ago today. (crossingwallstreet.com)
Strategy
- Josh Brown, "Rules of thumb, in the investment sphere, are at best worthless and at worst destructive for returns." (thereformedbroker.com)
- Put together a portfolio that works for you (and your institution) not someone else. (awealthofcommonsense.com)
- Loey's 8 rules on asset allocation. (ft.com)
Amazon
- Amazon Kindle and Kindle Paperwhites are now $30 off. (amazon.com)
- Bose QuietComfort 25 Acoustic Noise Cancelling Headphones are at a huge discount. (amazon.com)
- For the ice lover in your life: the Opal Nugget Ice Maker is currently $50 off. (amazon.com)
Cryptocurrencies
- How blockchain technologies could save Wall Street money. (bloomberg.com)
- Goldbugs are now pushing Bitcoin to preppers. (bloomberg.com)
- Can you use quant strategies in the cryptocurrency space? (factorresearch.com)
- Questions to ask when you own 1.0 Bitcoin. (rivershedge.blogspot.com)
- Open a Coinbase account, trade $100 in cryptocurrency and get $10 in Bitcoin free. (coinbase.com)
Companies
- Being a CEO of a big company today is no cake walk. (ft.com)
- A profile of Jensen Huang, CEO of Nvidia ($NVDA). (fortune.com)
- GE ($GE) is cleaning house at its board of directors. (wsj.com)
Fund management
- Vanguard isn't concerned with the shrinking number of public US companies. (institutionalinvestor.com)
- Indexing hasn't gone too far, maybe active ways too big to start. (bloomberg.com)
- I am shocked to read some fund companies misrepresent their Morningstar fund star ratings. (wsj.com)
- Putting an estimate on research costs in the Mifid II era. (ft.com)
Kindle deals
- "Perennial Seller: The Art of Making and Marketing Work that Lasts" by Ryan Holiday is just $1.99 for the Kindle. (amazon.com)
- "Tulipomania: The Story of the World's Most Coveted Flower & the Extraordinary Passions It Aroused" by Mike Dash is just $1.99 for the Kindle. (amazon.com)
- Scott Patterson's "The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It" is still just $1.99 for the Kindle. (amazon.com)
Global
- The demographic crunch is already affecting Japan's economy. (asia.nikkei.com)
- As societies age they also become more risk averse. (ft.com)
Economy
- The flat yield curve is going to give the Fed pause. (bloomberg.com)
- Small businesses are dealing with tight labor markets. (disciplinedinvesting.blogspot.com)
Earlier on Abnormal Returns
- ETF links: fee generators. (abnormalreturns.com)
- Q&A with Tom Jacobs editor of "Fortunes in Special Situations in the Stock Market: The Authorized Edition." (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
