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Quote of the Day
"There is no word the financial media likes to insert into headlines more than amid. Words like this are used for one purpose and one purpose only – to ascribe a reason or an explanation for some short term market movement. "
(Phil Huber)
Markets
- What lessons can we draw from the under-the-radar bear market of 1969-70? (theirrelevantinvestor.com)
- Why the impact of seemingly big political events are often transitory. (ritholtz.com)
Strategy
- Good news: value investing works. Bad news: it can underperform for years at a time. (morningstar.com)
- Your financial plan shouldn't be based on your ability to time the markets. (mullooly.net)
Finance
- More evidence that small and mid-sized private equity managers outperform. (institutionalinvestor.com)
- Should the SEC make it easier for investors to invest in private deals? (pointsandfigures.com)
- Why Moody's pulled a credit rating for WeWork's bonds. (ftalphaville.ft.com)
Funds
- Can index funds become too popular? (awealthofcommonsense.com)
- The ETF industry is still working to educate investors about their products. (marketwatch.com)
- This is the real problem with leveraged ETFs. (pensionpartners.com)
Economy
E-mail etiquette
- STOP MAKING THESE COMMON EMAIL MISTAKES. (fastcompany.com)
- Eight things you shouldn't do on work e-mail. (businessinsider.com)
Earlier on Abnormal Returns
- Podcast links: media moguls. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: customer churn. (abnormalreturns.com)
- Luck, mentorship and paying it forward. (abnormalreturns.com)
- Luck, success and the fundamental attribution error. (abnormalreturns.com)
