Review: The Water Will Come: Rising Seas, Sinking Cities, and the Remaking of the Civilized World by Jeff Goodell is hard to unremember. (NYTimes)
Quote of the Day
"My first boss used to say the obvious is obviously wrong. If you invest in conventional wisdom you’re going to lose your butt."
(Stanley Druckenmiller)
Stocks
- What the 'ultimate stock pickers' are buying and selling. (beta.morningstar.com)
- Notes from the 2017 London Sohn Conference. (marketfolly.com)
Strategy
- How financial history can give us a false sense of security. (ofdollarsanddata.com)
- There is no holy grail in investing. (pensionpartners.com)
- How stock screening can help offset some of our biases. (validea.com)
Cryptocurrencies
- Evidence-based investors can't really invest in Bitcoin. (etf.com)
- Five charts that put the rise in Bitcoin in some perspective. (topdowncharts.com)
- Anyone who has sold Bitcoin to-date has regretted it. (blogs.wsj.com)
- How much money do you need to trade Bitcoin futures. (rcmalternatives.com)
- Doubts are growing about tether. (bloomberg.com)
Companies
- Amazon ($AMZN) comes to Australia. (nytimes.com)
- How to use Apple ($AAPL) Pay Cash. (businessinsider.com)
- HomePod isn't the Siri speaker. (appleinsider.com)
Private equity
- M&A transaction multiples continue to rise for middle market companies. (ftalphaville.ft.com)
- "Landing an analyst position at Blackstone ($BX) isn’t easy." (bloomberg.com)
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Love Abnormal Returns? Like us on Facebook. (facebook.com)
- Want to support Abnormal Returns? Get yourself (or someone you love) an annual membership. (abnormalreturns.com)
Economy
- The yield curve continues to flatten. (capitalspectator.com)
- Lumber prices are jumping. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Research links: false finance. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ETF links: R&D labs. (abnormalreturns.com)
