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 find out how advisors are bridging the gap between technology, investment management and practice management.
Quote of the Day
"It’s when companies take their focus off the customer, mission, and operational execution that challengers get an opportunity. And in today’s hyper-competitive world, it’s more important than ever that companies are internally strong and ready for a fight."
(Todd Wenning)
Strategy
- When the economy is good, it is time to get your financial house in order. (bnnbloomberg.ca)
- Don't invest in timberland if you have a short time horizon. (msn.com)
Companies
- Google ($GOOGL) touches nearly every part of the online advertising process. (wsj.com)
- Sotheby's ($BID) is going private. (npr.org)
Finance
- Goldman Sachs ($GS) is combining its private equity operations in order to take on the PE players. (wsj.com)
- Cyber-security has become a systemic risk for banks. (ft.com)
Funds
- Why fixing Legg Mason ($LM) is harder than it looks. (wsj.com)
- A useful tool for determining risk levels in bank loan funds. (morningstar.com)
- Larger market capitalization companies tend to be more global in their revenues. (morningstar.com)
Economy
- New homebuilder confidence is still pretty high in June. (calculatedriskblog.com)
- Some signs that the US economy really is running low on workers. (blog.yardeni.com)
Earlier on Abnormal Returns
- Adviser links: AUM model maturity. (abnormalreturns.com)
- Good luck trying to find a decent .com URL these days. (abnormalreturns.com)
- What we lose when convenience trumps experience: the case of brisket. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (abnormalreturns.com)