Review: Brad Feld loved Sam Zell’s memoir Am I Being Too Subtle? (Brad Feld)
Quote of the Day
"In summary, describing the U.S. stock market as zero-sum before costs, then negative-sum after costs, is a fine approximation of the truth. Investors who know no further than that understand enough to succeed. It is, however, not the complete truth. The full story is somewhat more complex."
(John Rekenthaler)
Markets
- US companies have a record amount of cash in the bank. (disciplinedinvesting.blogspot.com)
- The bond market is still pushing up yields. (scottgrannis.blogspot.com)
- Ugh: take a look at GE ($GE) stock. (thereformedbroker.com)
Strategy
- How a brave investor would invest today. (ftalphaville.ft.com)
- Remember, "Sometimes trading itself is not our proper path." (traderfeed.blogspot.com)
Books
Crypto
- It's hard to look at the signs of froth in crypto and not be nervous. (medium.com)
- The founder of Litecoin has sold all his holdings. (bloomberg.com)
- How the Winkelvoss twins have secured their Bitcoin. (nytimes.com)
- Recovering lost Bitcoin is a growing industry. (wsj.com)
- Coinbase now lets you buy/sell Bitcoin Cash. (fortune.com)
Companies
- Why forecasting earnings is less valuable in the age of intangible assets. (economist.com)
- Why Amazon ($AMZN) is trying to optimize what goes in its boxes. (wsj.com)
Finance
Economy
- Chemical activity is still strong. (calculatedriskblog.com)
- Your commute really is getting longer. (blogs.wsj.com)
Earlier on Abnormal Returns
- Personal finance links: completely different risk and reward components. (abnormalreturns.com)
- Abnormal Returns was included on this list of the "Best Trader Resources on Twitter and StockTwits." (martinkronicle.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: beyond the numbers. (abnormalreturns.com)
- Disappointed and pessimistic: why happiness hits a trough in middle age. (abnormalreturns.com)
