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Quote of the Day
"(I)mprobable events happen on a regular basis, and that for every improbable event that happens, there are dozens which don’t."
(Felix Salmon)
Markets
- There are a lot of reasons to invest globally, avoiding crashes isn't one of them. (awealthofcommonsense.com)
- Some surprising statistics about frontier markets. (etf.com)
Strategy
- Most of us really don't understand statistics. (investwithanedge.com)
- Five lessons learned from Brian Portnoy's "The Geometry of Wealth" including then need for 'adaptive simplicity.' (bpsandpieces.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)
Crypto
Companies
Finance
- Why bankers get paid a lot on deals: they do other stuff for free. (bloomberg.com)
- Fan favorite, Sonos, is coming public. (theverge.com)
Money managers
- You can really on write four different stories about money managers. (awealthofcommonsense.com)
- The growth of indexing has put bad money managers out of business. (economist.com)
- Why small asset managers are selling themselves to larger rivals at a rapid clip. (institutionalinvestor.com)
Economy
- The June NFP payroll report was strong. (calculatedriskblog.com)
- The unemployment rate rose for the right reason: more people re-entering the workforce. (nytimes.com)
- What full employment looks like in Des Moines, Iowa. (theatlantic.com)
Earlier on Abnormal Returns
- Podcast links: premium podcasting. (abnormalreturns.com)
- My Q&A with Michael Batnick author of "Big Mistakes: The Best Investors and Their Worst Investments." (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: ship dates. (abnormalreturns.com)
