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Quote of the Day
"But in poker, in investing, in life, you also need keep it simple, stupid. You are often better off limiting your options. Even if you think you’re the smartest player at the table, you want to avoid marginal situations, where you may have to make a big decision in an unclear situation."
(Druce Vertes)
Big moves
- The shift in the US yield curve over the past year is notable. (disciplinedinvesting.blogspot.com)
- Beyond Meat ($BYND) has a market cap in excess of $10 billion. (ftalphaville.ft.com)
Strategy
- What is a risk-free asset? Depends on who you ask. (mrzepczynski.blogspot.com)
- Let's stop with the whole "how to accumulate a $1 million" shtick. (theirrelevantinvestor.com)
Merger Monday
- United Technologies ($UTX) and Raytheon ($RTN) are merging. (wsj.com)
- Salesforce ($CRM) is buying Tableau Software ($DATA). (techcrunch.com)
Finance
- Ten things in finance people should never say. (bloomberg.com)
- How the credit story is different this time around. (mrzepczynski.blogspot.com)
- IEX Group has only managed 3% market share in equity trading. (ft.com)
Funds
Global
- Why Canada is uniquely at-risk during the next recession. (bnnbloomberg.ca)
- Activist investing is on the rise in Japan. (cnbc.com)
Economy
- Why cutting rates now would flip the Fed script. (cnbc.com)
- The rural South is falling father behind its urban centers. (wsj.com)
- The US healthcare system is dominated by monopoly suppliers. (axios.com)
- Leverage kills: the farmland edition. (mrzepczynski.blogspot.com)
Earlier on Abnormal Returns
- Adviser links: sober investment management. (abnormalreturns.com)
- On the perils of passive news consumption. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)
