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Quote of the Day
"Your mutual fund manager and his firm are in business to make money, first for themselves. The fund is a product. You are the consumers...Loyalty is not a two-way street in the investment world. It is strictly buyer beware."
(Edward A. Studzinski)
Markets
- 90 years of S&P 500 Golden Crosses. (quantifiableedges.com)
- As a general rule don't invest in a hedge fund run by some guy out of his dorm room. (businessinsider.com)
Crypto
- For some reason Bitcoin had a big price jump overnight. (markets.businessinsider.com)
- Wall Street is rethinking its cryptocurrency trading plans. (nytimes.com)
Apple
- Why is Apple ($AAPL) dragging its feel on the Macbook Pro keyboard issue? (m.signalvnoise.com)
- If every tech company wants to get into banking, who should we trust? (thebasispoint.com)
- How to clean your disgusting AirPods. (businessinsider.com)
- Wireless charging is hard. No wonder Apple ($AAPL) couldn't pull it off. (pointsandfigures.com)
Finance
Institutional investors
- Institutional investors just can't quit hedge funds. (institutionalinvestor.com)
- More pension funds are looking to get their hands dirty with direct PE investing. (pionline.com)
- Why are state pension funds so inept? (etf.com)
- Blackrock ($BLK) is overhauling its alternatives business. (wsj.com)
ETFs
- Just because something is an ETF doesn't mean its a good investment. (mutualfundobserver.com)
- When will Lyft ($LYFT) enter various indices? (etf.com)
Global
Society
- Urban density is falling due in part to falling family size. (slate.com)
- More Americans are choosing cremation over burial. (wsj.com)
- More (younger) Americans are not having sex. (washingtonpost.com)
Economy
- Just how badly does the Fed want to prove its independence? (bloomberg.com)
- Good luck trying to assess the impact of closing the Mexican border. (econbrowser.com)
Earlier on Abnormal Returns
- Research links: information flow. (abnormalreturns.com)
- In today's Market Moment: Velcro becomes synonymous with its underlying product. (app.pippa.io)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: chasing security. (abnormalreturns.com)
- The power of asking the right question. (abnormalreturns.com)
