Review: “Secrecy World: Inside the Panama Papers Investigation of Illicit Money Networks and the Global Elite [by Jake Bernstein] is a must-read book for anyone with an interest in, and perhaps a sense of outrage over, how the rich protect their wealth. (Reading the Markets)
Quote of the Day
"People who lack financial literacy are just as likely to be sure of themselves as those with high financial literacy, but their confidence is likely to be unfounded..."
(Anders Anderson)
Strategy
- International stocks are still pretty much making up for a bad 2014-2016. (theatlasinvestor.com)
- Managed futures have performed pretty much in line for the YTD. (mrzepczynski.blogspot.com)
- Many current MLP investors are "confused." (sl-advisors.com)
Books
Cyptocurrencies
- The universe of blockchain-related stocks is so small you pretty much need to buy them all for a blockchain ETF. (mutualfundobserver.com)
- Regulators are still a bit behind on Bitcoin futures. (bloomberg.com)
- Businesses have been slow to adopt Bitcoin as a transaction vehicle. (wsj.com)
- B-schools are desperately looking for blockchain experts. (ft.com)
- Uh oh. MBA types are interested in cryptocurrencies. (dealbreaker.com)
Companies
- Smart speakers (and wireless earphones) are the same business. Guess who will dominate? (economist.com)
- How Amazon ($AMZN) and Wal-Mart ($WMT) are becoming more alike. (businessinsider.com)
- Tesla ($TSLA) no longer operates in a competitive vacuum. (dealbreaker.com)
- Shareholders in MLPs have (extremely) limited rights. (sl-advisors.com)
Fund management
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
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- Love Abnormal Returns? Like us on Facebook. (facebook.com)
Global
Economy
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: blue crab blues. (abnormalreturns.com)
- Don't let robots write your headlines. (abnormalreturns.com)
- The top ten books Abnormal Returns readers purchased at Amazon in November 2017. (abnormalreturns.com)
