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Quote of the Day
"The ugly truth: there is an enormous contingency of players who do not have your best interests at heart. Whether they are trying to sell you a product, or get you to watch, listen or click on something, the giant bullshit industrial complex is working against you."
(Barry Ritholtz)
Markets
- The next market crisis is just around the corner. (blairbellecurve.com)
- Trade tensions ARE having an effect on the US stock market. (ftalphaville.ft.com)
Strategy
- The law of large numbers does not mean what you think it means. (theirrelevantinvestor.com)
- Essential books for the stock trader that (mostly) have nothing to do with trading. (thecrosshairstrader.com)
Crypto
Companies
- Alphabet ($GOOGL) is more than search and Waymo. (thereformedbroker.com)
- Why Netflix ($NFLX) paid $100 million for another year of "Friends." (theringer.com)
Finance
- Investment banking has lost some of its luster for Ivy league graduates with the rise of the technology sector. (awealthofcommonsense.com)
- Just how personal should the life insurance process get? (ft.com)
- The CFPB has been effectively neutered. (washingtonpost.com)
Funds
Gambling
- How will legal sports betting affect offshore sports books? (espn.com)
- Darren Rovell is leaving ESPN for sports betting site Action Network. (washingtonpost.com)
- Always read the fine print. (crossingwallstreet.com)
Economy
Earlier on Abnormal Returns
- Personal finance links: peddling sophistication. (abnormalreturns.com)
- ESG links: social aspects of business. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: accounting deficiencies. (abnormalreturns.com)
- You now hear me, Josh Brown and Blair DuQuesnay reading short "Market Moments" every day in your Alexa flash briefings. More here: (thereformedbroker.com)
