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Quote of the Day
"Americans lose five times more money gambling each year than what they spend on Amazon Prime and Netflix combined."
(Nick Maggiulli)
Chart of the Day
Please stop calling Bitcoin a hedge against the stock market. (via @charliebilello)
Markets
Strategy
- How to deal with market noise. (theirrelevantinvestor.com)
- The principles behind investing an inheritance are the same. (awealthofcommonsense.com)
Companies
- Wal-Mart ($WMT) to match Amazon's ($AMZN) one-day shipping option. (bloomberg.com)
- Jamie Dimon is the most admire CEO among his Fortune 500 CEO peers. (fortune.com)
- Why Zillow ($Z) wants to dive deeper into the home buying process. (wsj.com)
Finance
- By agreeing to weak covenants, leveraged loan investors have no leg to stand on in court. (bloomberg.com)
- The CME is launching a new porky belly index. (bloomberg.com)
Bonds
- Bond factors explain a majority of fund outperformance. (institutionalinvestor.com)
- Morningstar splitting its intermediate-bond category in two has affected the ratings of some big funds. (ft.com)
Alternatives
- Alternative asset firms are increasingly focusing on wealth management. (institutionalinvestor.com)
- Hedge funds are getting creative with their fee structures to attract investors. (bloomberg.com)
ETFs
- The SEC approved the negative-fee Salt Low truBeta ETF. (bloomberg.com)
- The iShares ESG MSCI USA Leaders ETF ($SUSL) had a big launch. (etf.com)
Economy
Earlier on Abnormal Returns
- Research links: extracting lessons from the past. (abnormalreturns.com)
- In today's Market Moment we discuss Cerberus buying Chrysler and private equity's 'dry powder' problem. (shows.pippa.io)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: complete strangers. (abnormalreturns.com)
- What's with all the hype around portfolio rebalancing? (abnormalreturns.com)
