Notes: What Daniel Pink changed his mind about when writing When: The Scientific Secrets of Perfect Timing. (Behavioral Scientist)
Quote of the Day
"Stocks and bonds are both risk assets with positive expected returns. But these returns are not promised, and the benefits of owning non-correlated assets aren’t always felt over the short-term."
(Michael Batnick)
Strategy
- Tech stocks are still leading the one-year return chase. (capitalspectator.com)
- When intelligence gets in the way of good investment decision making. (awealthofcommonsense.com)
- How to find companies that will 'grow themselves.' (thewaiterspad.com)
Funds
- After a decent 2017, sentiment has turned positive on hedge funds. (barrons.com)
- Average actively managed equity mutual fund fees came down, albeit slightly, in 2017. (morningstar.com)
- Why are professional investors so grouchy in the midst of a bull market? (institutionalinvestor.com)
Crypto
Companies
Private equity
- Goldman Sachs ($GS) has just closed on a fund that will invest in private equity managers. (wsj.com)
- A consortium, including Alaska's Permanent Fund, is doing the same thing. (pionline.com)
Finance
Endowments
- Why Harvard shouldn't throw in with the S&P 500. (bloomberg.com)
- Endowments are not backing down from the alternative-heavy endowment model. (nytimes.com)
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Support this site by grabbing an annual membership to Abnormal Returns. (abnormalreturns.com)
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
Economy
- Three reasons why US wage growth hasn't taken off. (bloomberg.com)
- Low interest rates have allowed a whole raft of 'zombie firms' to stay alive. (ft.com)
Earlier on Abnormal Returns
- Podcast links: CEO departures. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: Softbank's capital cannon. (abnormalreturns.com)
- The 2018 Credit Suisse Global Investment Returns Yearbook is here! (abnormalreturns.com)
