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Quote of the Day
“There is more money than there are good ideas. There’s very strong interest in getting ideas invested.”
(Howard Marks)
Chart of the Day
Nearly 10% of the MSCI World Index is made up of companies with dual-class shares.
Markets
Strategy
- Nine lessons for investors on how to live an 'anti-fragile life.' (medium.com)
- What traffic illustrates about our psychology including loss-aversion. (awealthofcommonsense.com)
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
Funds
Morningstar
- Christine Benz's lessons learned from 25 years at Morningstar ($MORN). (morningstar.com)
- This not your father's Morningstar ($MORN) anymore. (investmentnews.com)
Hedge funds
- "The bulk of the new money invested in hedge funds this year has gone to those that oversee assets of more than $1bn." (ft.com)
- Hedge funds are upping their ESG game. (ft.com)
Books
- What do you do when you are at a stage in life when you don't have the time to read all the books you want to? (thereformedbroker.com)
- Some favorite books on "learning, thinking, and decision making." (safalniveshak.com)
- 39 books to read this Summer. (washingtonpost.com)
Economy
- What the slope of the yield curve implies for a recession. (econbrowser.com)
- More Americans are saying they are doing "okay" financially. (qz.com)
- Where will the Fed eventually end its campaign of higher interest rates? (ft.com)
Earlier on Abnormal Returns
- ETF links: financial buccaneers. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
Mixed media
