Endorsement: Off the Charts: The Hidden Lives and Lessons of American Child Prodigies by Ann Hulbert is “an excellent book.” (Marginal Revolution)
Quote of the Day
"Be broadly diversified, rebalance your portfolio regularly, and minimize your costs."
(Burton Malkiel)
Markets
- What other levers can push corporate earnings higher? (blackcypresscapital.com)
- The S&P 500 is 12% above its 200 day moving average. (crossingwallstreet.com)
Strategy
- Why momentum investing works. (pragcap.com)
- Markets are in a notable drawdown about 50% of the time. (awealthofcommonsense.com)
Crypto
- South Korea's crackdown on cryptocurrencies has been a factor in the price declines. (wsj.com)
- The race to become the go-to source for cryptocurrency price data is on. (wsj.com)
- Coinbase is fighting off VCs with a stick. (recode.net)
- There is no shortage of proposals to fork Bitcoin. (bloomberg.com)
- Nordea Bank AB is banning employees from transacting in cryptocurrencies. (bloomberg.com)
Amazon Go
- Amazon Go ups the technology requirements for retail. (om.co)
- Amazon ($AMZN) is trying to integrate both vertically and horizontally. (stratechery.com)
- Is the loss of privacy worth the time saved for cashier-less shopping? (bloomberg.com)
Companies
- What Facebook ($FB) should take from the success of Instagram. (nytimes.com)
- Netflix ($NFLX) continues to build up obligations for new content. (ft.com)
- Apple's ($AAPL) HomePod speaker has a release date. (arstechnica.com)
Fund management
- Can an algorithm pick better managers? (institutionalinvestor.com)
- Why the poor performance of actively managed mutual funds is not a surprise. (mathinvestor.org)
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. (abnormalreturns.com)
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
Earlier on Abnormal Returns
- Research links: using better techniques. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ETF links: a quarter of a century. (abnormalreturns.com)
- Will podcasting kill the (marginal) conference? (abnormalreturns.com)
- Most pension funds have unrealistic return assumptions. What you the investor can do about it. (abnormalreturns.com)
