Review: “The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction by [Richard Bookstaber] is relevant to anyone working in the financial industry.” (Enterprising Investor)
Quote of the Day
"Being first is insufficient. Google wasn't the first search engine. Facebook wasn't the first social network. Apple wasn't the first home computer, phone or smart watch. Amazon wasn't the first online bookstore."
(Seth Godin)
Strategy
- The compelling case for value stocks. (causewaycap.com)
- Why market-wide measures like the CAPE ratio obscure more than they illuminate. (ft.com)
- What market data sites Jonathan Clements visits on a frequent basis. (humbledollar.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)
Crypto
- Does Bitcoin have any influence on the overall stability of the financial system? (institutionalinvestor.com)
- What the Winkelvii think about Bitcoin at present. (thereformedbroker.com)
- A Bitcoin millionaire has just made some charities very happy. (philanthropy.com)
- SegWit is gaining traction. (bloomberg.com)
Buffett
- People are catching onto Buffett's recent performance issues. (qz.com)
- How Warren Buffett invests 'like a woman.' (bloomberg.com)
Technology
- Amazon ($AMZN) is now literally on your doorstep with its acquisition of Ring. (wsj.com)
- Why people are holding onto their old phone longer: price. (wsj.com)
Companies
- Why most large acquisitions fail. (contrarianedge.com)
- When activists join a board they try to head right to the compensation committee. (wsj.com)
Finance
- Goldman Sachs ($GS) is not messing around with its consumer-facing subsidiary Marcus. (wsj.com)
- Jamie Dimon is no fan of annual shareholder meetings. (ft.com)
Global
Economy
- Why Chairman Powell is using hawish language. (blogs.uoregon.edu)
- US consumer confidence is at its highest level since 2000. (wsj.com)
- How low can the unemployment rate actually go? (nytimes.com)
Earlier on Abnormal Returns
- Personal finance links: the fundamental law of personal finance. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: sequential factors. (abnormalreturns.com)
