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Quote of the Day
"The race is on for somebody to become the Amazon of financial services...A place you can come to get all your needs met in one place.”
(Boris Khentov, president of Betterment Securities)
Chart of the Day
The growing spread between light truck/SUV sales and passenger cars is palpable.
Markets
Strategy
- What constitutes a defensible moat is changing. (intrinsicinvesting.com)
- You can only borrow so much even if you are betting on eventual sure things. (ofdollarsanddata.com)
Support
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
Companies
- Starbucks ($SBUX) is the leader in mobile payments. (qz.com)
- Why being the first drug to market matters so much for a company like Amgen ($AMGN). (axios.com)
Funds
Economy
- Younger Millennials are coming to save the economy. (bloomberg.com)
- Why isn't wage growth accelerating? (pragcap.com)
Earlier on Abnormal Returns
- Research links: measured against theory. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ESG links: quants at work. (abnormalreturns.com)
Mixed media
