Registration for the first of its kind Wealth/Stack Conference on September 8-10th, 2019 at the Scottsdale Plaza Resort in Arizona is now open! Use this link to get an exclusive discount so you can check out how advisors are bridging the gap between technology, investment management and practice management.
Quote of the Day
"Though I wished the financial media would stop inundating us with so much financial pornography, I wouldn’t bet on it anytime soon."
(Nick Maggiulli)
Chart of the Day
Fund managers are most worried about the trade war at present.
Bonds
- What has changed in the bond market over the past decade? (mrzepczynski.blogspot.com)
- We won't know the extent of credit fund mistakes until the next downturn. (institutionalinvestor.com)
Strategy
- Why technical analysis doesn’t work. (mathinvestor.org)
- Why are OTHER investors so biased? (behaviouralinvestment.com)
Apple
- Apple ($AAPL) Macbook Pros just got a significant speed bump. (daringfireball.net)
- Apple ($AAPL) is trying to make web ads private. (engadget.com)
- At what price would Apple ($AAPL) buy Tesla ($TSLA)? (ftalphaville.ft.com)
Companies
- Gen X having a hard time breaking into the CEO ranks of S&P 500 companies. (wsj.com)
- Expect Big Tech to play the nationalism card at some point. (bloomberg.com)
Finance
- The Big Three (Goldman, Morgan and JPM Chase) dominate IPOs, but should they? (ft.com)
- Just how big is the opportunity for Zillow ($Z), and others, to inject themselves in the home buying process. (sam.substack.com)
Society
- The dark forest theory of the Internet: we are leaving the public square for private spaces. (onezero.medium.com)
- How your friends change your habits, for better or worse. (bbc.com)
- Why adult men have so few friends. (bonefidewealth.com)
Economy
- Midwest manufacturing employment has peaked. (econbrowser.com)
- It seems backwards but the Fed is grappling with the dilemma of persistently low inflation. (nytimes.com)
Earlier on Abnormal Returns
- Personal finance links: suppressing your ego. (abnormalreturns.com)
- What we missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: modeling noise. (abnormalreturns.com)
- Busting the Bernstein Curve: equity funds are now more than 50% passive. (abnormalreturns.com)
