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Quote of the Day
"You can’t fix anything that’s so big and so varied. You can, however, fix small parts of things. And hopefully, as the small, fixed parts add up, you have a chance at chipping away at a big problem."
(Jason Fried)
Markets
- Global dividend payouts are at a record high. (ft.com)
- Steve Einhorn's checklist for a bear market. (mrzepczynski.blogspot.com)
Strategy
- The history of emerging markets is characterized by volatility. (awealthofcommonsense.com)
- Eight people who will never win a Nobel Prize in Economics but have contributed a great deal to our understanding about investing. (humbledollar.com)
Crypto
Companies
Funds
- Why the number of active managers can continue to fall. (etf.com)
- Why do investors continue to give their money to activist hedge fund managers? (hbr.org)
Global
- The Greek economy is 'surviving not thriving.' (nytimes.com)
- The Australian housing market is finally correcting. (ftalphaville.ft.com)
Economy
Earlier on Abnormal Returns
- Adviser links: changing goals. (abnormalreturns.com)
- ESG links: not-so green bonds. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
Mixed media
- Praise for the Meb Faber-edited "The Best Investment Writing, Volume 2." (readingthemarkets.blogspot.com)
- A short Q&A with Brian Portnoy author of "The Geometry of Wealth: How to Shape a Life of Money and Meaning." (reuters.com)
- Should companies pay their employees to read (business) books? (ft.com)
