Want to stay up-to-date with all of our posts? Sign up for our daily e-mail newsletter and get all the good stuff when it comes out.
Quote of the Day
"If you don’t know how to conduct yourself as a responsible, courteous and balanced human being, the fault lies exclusively with you and not with an allegedly flawed system designed to ensnare the innocent."
(Richard Handler)
Markets
- The average leveraged loan is trading around 96 cents on the dollar. (ft.com)
- Does the transportation still have any relevance in today's economy? (ft.com)
Strategy
- Forecasting is hard (and futile): the 2018 edition. (ritholtz.com)
- Brendan Mullooly, "There’s no harm in consuming market narratives as long as we remember that most of them fall into the category of interesting, but not actionable." (mullooly.net)
- Eight questions as we head into 2019. (awealthofcommonsense.com)
Finance Twitter
- Finance Twitter: the 50 most important people you need to follow. (marketwatch.com)
- 12 hilarious Wall Street Twitter accounts. (benzinga.com)
Finance
- Should we care how family office operate and invest? (economist.com)
- Alternative assets keep getting a little more alternative. (bloomberg.com)
- Private equity investors say they care most about fees during manager selection. (institutionalinvestor.com)
Funds
- You have to twist yourself into a lot of knots to make high-fee equity mutual funds look good. (morningstar.com)
- Why a zero-fee ETF is no big deal. (citywireusa.com)
- Gold ETFs are getting cheaper. (etf.com)
Global
Economy
- Industrial production and retail sales were solid in November. (crossingwallstreet.com)
- A sign of the times: house prices in Las Vegas have flattened out. (wsj.com)
- The higher the rent (as a % of income), the higher the rate of homelessness. (zillow.com)
Earlier on Abnormal Returns
- Podcast links: doing capitalism. (abnormalreturns.com)
- It's not all puppies and rainbows: some posts you should check out. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Startup links: consumer tech. (abnormalreturns.com)
