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Quote of the Day
"The fact that we always seek just a little bit more can be a curse for the person, but a blessing for the people. Our economy thrives when millions of millionaires want just a little bit more."
(Michael Batnick)
Chart of the Day
Boeing ($BA) is another big company that has been able to noticeably reduce its share count.
Markets
- There are no permanent laws in the financial markets, only tendencies. (ofdollarsanddata.com)
- Average market returns can be misleading. (awealthofcommonsense.com)
- There's signal and there's implementation. (pensionpartners.com)
Blogging
- What were you thinking on March 9, 2009? (howardlindzon.com)
- How having a blog helps you remember stuff and test your assumptions. (avc.com)
- Here's what the daily linkfest looked like back then. (abnormalreturns.com)
Companies
- How did US companies get so old? (bloomberg.com)
- A closer look at Tesla's ($TSLA) cash in the bank. (ftalphaville.ft.com)
ETFs
- How ETF settlement actually works. (etf.com)
- Brenda Jubin, "All in all, The Ultimate ETF Guidebook would be a worthy addition to any investor’s library." (readingthemarkets.blogspot.com)
Economy
- Lumber prices have bounced. (calculatedriskblog.com)
- Why 2.9% is a pretty good GDP number. (fattailedandhappy.com)
Earlier on Abnormal Returns
- (Monthly) ESG links: better leaders. (abnormalreturns.com)
- Research links: unseasonal patterns. (abnormalreturns.com)
- Debates about dating secular and cyclical bull and bear markets are fun, but ultimately meaningless, for long-term investors. On today's Market Moment: (shows.pippa.io)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: the rise of the independent. (abnormalreturns.com)
