Review: Networks have been changing for ages: some perspective from Niall Ferguson’s The Square and the Tower: Networks and Power from the Freemasons to Facebook. (NYTimes)
Quote of the Day
"..85 per cent of young people said they wished they had been taught more at school about how to manage money."
(Claer Barrett)
Markets
- Would an equity bear market put a dent in the US economy? (bloomberg.com)
- How long can economic volatility remain low? (bloomberg.com)
Strategy
- At some point honing your investment technique has diminishing returns. (behavioralvalueinvestor.com)
- The danger of garbage in/garbage out when it comes to portfolio optimization. (mrzepczynski.blogspot.com)
Crypto
- Everyone is building up data feeds to help trade cryptocurrencies. (wsj.com)
- How the drop in Bitcoin may be related to North Korea. (ftalphaville.ft.com)
- Hackers have stolen 14% (or so) of Bitcoin and Ether. (bloomberg.com)
- This fund is encouraging Bitcoin millionaires to cash out and diversify their assets. (bloomberg.com)
- Where does Bitcoin land in the classic boom/bubble/bust cycle? (economist.com)
Apple
- How to think about Apple's ($AAPL) cash hoard. (asymco.com)
- What will really change when Apple ($AAPL) onshores it overseas cash? (ftalphaville.ft.com)
Amazon
- The 20 cities that Amazon ($AMZN) is still considering for HQ2. (bloomberg.com)
- How Amazon HQ2 could affect the housing market in the winning city. (marketwatch.com)
- Would your city rather land HQ2 or the next Amazon? (indystar.com)
- When cities compete for relocations we all lose. (theatlantic.com)
Finance
- Morgan Stanley ($MS) continues to grow margins at its wealth management division. (bloomberg.com)
- Goldman Sachs ($GS) now manages nearly $1.5 trillion in AUM. (citywireusa.com)
Hedge funds
- Hedge funds are not the solution to underfunded pensions. (economist.com)
- The best hope for hedge fund managers is a bear market. (bloomberg.com)
Fund management
- The three categories fund investors pulled the most assets. (beta.morningstar.com)
- Another example of a pension fund advocating social responsibility on the companies they own. (institutionalinvestor.com)
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Get yourself (or someone you really like) an annual membership to help support Abnormal Returns. (abnormalreturns.com)
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
Economy
- Weekly initial unemployment claims continue at low levels. (calculatedriskblog.com)
- Some reasons to think twice about the infallibility of the slope of the yield curve as a recession indicator. (capitalspectator.com)
Earlier on Abnormal Returns
- Startup links: something lost. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: two conflicting opinions. (abnormalreturns.com)
- Dopamine hits and the power of defaults. (abnormalreturns.com)
- Our book link round-up from January 2018 including endorsements of Ray Dalio's "Principles: Life and Work." (abnormalreturns.com)
